IN-SPACe Offers ₹67.15 Crore to Four Indian Space Startups for Propulsion and Navigation Technologies
IN-SPACe has offered ₹67.15 crore under its Technology Adoption Fund to four Indian space startups developing satellite propulsion, space clocks, and NavIC/GPS receiver technologies.
India's space industry regulator and promoter, IN-SPACe, has offered ₹67.15 crore in funding to four Indian space startups under its Technology Adoption Fund (TAF), supporting the development of indigenous satellite propulsion and navigation technologies.
Mumbai-based Manastu Space has been offered ₹22.08 crore to develop an iodine-based Hall-effect thruster for small satellites, while Thane-based InspeCity Space Laboratories has been offered ₹21.18 crore for a refillable, six-degree-of-freedom propulsion system for microsatellites.
Bengaluru-based VyomIC has been offered ₹12.55 crore to develop stable and secure space clocks, while Mumbai-based MumbaiSemi has been offered ₹11.34 crore to develop a multichannel NavIC and GPS receiver chip.
For RF and semiconductor engineers, the NavIC/GPS receiver chip project is particularly relevant because satellite navigation receivers require low-noise RF front ends, frequency synthesis, signal acquisition, and digital baseband processing.
IN-SPACe Chairman Pawan Goenka highlighted the importance of developing these technologies domestically to reduce dependence on foreign components and strengthen India's space technology ecosystem.
The four selections bring the total number of startups selected under the program to seven, following three earlier selections in June.
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