Business Standard

Sunday, December 22, 2024 | 09:45 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

How Indian startups are charting new course in downstream space sector

Downstream sector uses space data for practical applications; is projected to be worth $610 bn by 2031

Indian companies make a mark in downstream sector that uses space data for practical applications
Premium

imaging: ajaya mohanty; photo: shutterstock

Shine Jacob
A fuel station in space seems like science fiction but if startup OrbitAID’s plans work out, India may find a solution to extend the lifespan of satellites. The company will by April 2025 hold a trial run for its target of launching its first fuel tanker satellite by 2026, marking a milestone in India's space sector. The tanker will extend the operational life of satellites by refuelling them multiple times.
 
OrbitAID, which is based in Indian Institute of Science, Bengaluru, and supported by the Tamil Nadu government, is among a clutch of private companies that are changing the country’s downstream

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in