Bengaluru space startups among three selected for funding under Technology Adoption Fund
IN-SPACe has selected three Indian startups to receive funding under its Technology Adoption Fund to boost indigenous space capabilities. The selected companies, Astrobase Space Technologies, SatSure Analytics, and TM2SPACE, will focus on developing rocket engines, AI-based earth observation models, and star tracker systems.
Why it matters
This initiative represents a strategic push to privatize and accelerate India's space sector, aiming to increase global competitiveness in aerospace technology.
he Indian National Space Promotion and Authorisation Centre (IN-SPACe) has selected three Indian startups, including two from Bengaluru, as the first set of Indian Non-Governmental Entities (NGEs) for funding under its Technology Adoption Fund (TAF) Scheme.
The article reports on government policy and industrial development in a factual, neutral manner.
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