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IN-SPACe Backs Four Space-Tech Firms With Rs 67 Crore

Published

2 November 2026

Topic

technology

◆ Sectors

Government & Space

◆ Geography

India

◆ Source

Read at raksha-anirveda.com →

◆ Verified

Fusion42 · 2 November 2026 · Fusion42 review

IN-SPACe has awarded ₹67.15 crore through its Technology Adoption Fund to four Indian space-tech firms to develop indigenous satellite hardware technologies including electric propulsion, refuellable microsatellite propulsion, precise timing systems, and integrated navigation receiver chips to reduce reliance on imports.

This Wire brief sits within Fusion42's coverage of Government & Space.

◆ ◆ The Wire takeaway

You now have public funding backing to build satellite tech components India usually imports, making your offer more market-ready and lowering reliance on foreign suppliers. Check if these projects open gaps in propulsion, timing, or navigation hardware that you can fill this quarter.

◆ Coverage

1 source · 2 Nov 2026

◆ Related on Wire

◆ Topics

Government & Spacespace-techindigenous-developmentpublic-fundingsatellitespropulsionnavigation