TaxTMI 
TaxTMI 
IN-SPACe selects 3 space start-ups for developing satellite bus
X X X X Extracts X X X X
X X X X Extracts X X X X
....N-SPACe selects 3 space start-ups for developing satellite bus<BR>PTI News<BR>Dated:- 11-2-2026<BR>PTI<BR>New Delhi, Feb 11 (PTI) Three private firms were on Wednesday selected to develop a modular and scalable small satellite bus, which houses various components of a spacecraft, as a product to the burgeoning space sector in the country, India’s space sector promoter IN-SPACe said. The Indian....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... National Space Promotion and Authorisation Centre (IN-SPACe) said it has selected Bengaluru-based Astrome Technologies Pvt Ltd and two Hyderabad-based firms -- Azista Industries Pvt Ltd and Dhruva Space Pvt Ltd -- under its 'Satellite Bus as a Service' (SBaaS) initiative. Satellite bus is a platform that provides essential services to the payload and enables the mission objectives such as therm....
X X X X Extracts X X X X
X X X X Extracts X X X X
....al management, power, communication, guidance, navigation and control, data processing, and propulsion. Each selected company will receive a grant of Rs 5 crore to support the development and demonstration of a robust, modular and scalable small satellite bus. The satellite buses developed under the SBaaS initiative will serve as a cost-effective platform to accommodate multiple hosted payload....
X X X X Extracts X X X X
X X X X Extracts X X X X
....s, catering to both domestic and global market requirements, IN-SPACe said in a statement. "By enabling indigenous satellite bus platforms and integrating them with India’s emerging small satellite launch capabilities, we are laying the foundation for India to become a preferred global destination for end-to-end small satellite manufacturing, launch, and hosted payload services," Pawan Kumar Go....
X X X X Extracts X X X X
X X X X Extracts X X X X
....enka, Chairman, IN-SPACe, said. As per the Announcement of Opportunity guidelines, IN-SPACe will continue to support the selected companies through milestone-linked grant disbursement and by facilitating access to ISRO/DoS and IN-SPACe infrastructure, testing facilities, and technical expertise, as required. In subsequent phases, IN-SPACe plans to enable hosted payload missions on these satell....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ite bus platforms, further expanding public-private partnership-led programmes that allow the industry to scale from platform development to operational missions, the statement said. "By providing standardized and flight-proven satellite bus platforms for hosted payload missions, IN-SPACe aims to reduce entry barriers for payload developers while strengthening domestic manufacturing capabilities ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....and reinforcing India’s position in the rapidly growing global hosted payload services market," Rajeev Jyoti, Director of Technical Directorate, IN-SPACe, said. A total of 15 proposals were received up to July 2025, and following a rigorous, transparent, and multi-stage evaluation process, three non-government entities were selected for the initiative, the statement said. PTI SKU SKU KVK KVK =....
X X X X Extracts X X X X
X X X X Extracts X X X X
....============<BR> News - Press release - PIB....