In India, the private sector can participate in the development of space technology, but the role had been hitherto limited to the manufacture and supply of components and sub-systems. However, a recent announcement has allowed the private sector to carry out space activities like building rockets, satellites and providing launch services. The space economy is rapidly evolving now with a dedicated policy for space and legislation on space activities on the verge of finalization. Furthermore, to enhance utilization and maximize benefits from space assets, the Demand Based Model is evolving.
Numerous start-ups and industries have started making launch vehicles and satellites and are eager to provide space-based services. We handhold these companies and help them in product visualization, legal compliances, and commercial and contractual commitments. We also assist companies in their interaction with the Indian National Space Promotion and Authorization Center (IN-SPACe) for the commercial launch of satellites, satellite imagery data, remote sensing, satellite communication and other activities.
