What do commercial space missions mean for India?

Spacetech has become a buzzword in the Indian startup ecosystem since last year. New spacetech reforms, including private players, have boosted the opportunity for commercial space missions.
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Spacetech has become a buzzword in the Indian startup ecosystem since last year. New spacetech reforms, including private players, have boosted the opportunity for commercial space missions. 

Several space-tech startups are building their own satellites and launch vehicles to contribute to India’s commercial space missions. 

For example, the deployment of small satellites can help in enabling IoT networks, ensuring communication and internet reach, and for earth observation. In fact, the sector has opened up to the private players at a time when a lot of industrial infrastructure and ecosystems are already in place.

As the spacetech startup ecosystem is readying itself to successfully launch its own commercial space missions, investor interest in the sector is also rising

The year 2021 has already seen three big investment deals, with Agnikul and Skyroot each raising $11 million in May — the most raised in the sector to date, and Pixxel raising $7.3 million earlier in March.

However, the question remains, how will the increased number of commercial space missions help India? Read more.


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Before you go, stay inspired with… 

"Private sector participation in commercial space activities has the potential to catalyse new investments at scale, build new space-based applications, and reduce costs by making value chains more efficient and achieving scale.”

Pawan Kumar Chandana, Co-founder, and CEO of Skyroot Aerospace


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