Dhruva Space and Sreenidhi Institute of Science and Technology sign MoU for Space and Technology Centre

HYDERABAD, TS, INDIA (MARCH 28, 2022) Dhruva Space Private Limited’s Industry-Academia collaborative framework continues to build on the momentum of 2022 through the establishment of a standalone Space Technology centre at Sreenidhi Institute of Science and Technology (SNIST) in Ghatkesar, Hyderabad. This partnership, marked by the signing of a Memorandum of Understanding, will help SNIST researchers and engineers design and launch the institute's first LEO CubeSat satellite which is slated for launch by the end of 2022.

“Dhruva Space is thrilled to be a key enabler in SNIST’s Space Technology Centre's tech roadmap in establishing Space Infrastructure. Moving forward, we hope this collaboration continues to empower the academia vertical in Space Engineering while enhancing the strength of the country’s University Space Missions to promote stronger long-term scientific solutions and SDGs in the Space-Tech Sector,” says Sanjay Nekkanti, CEO, Dhruva Space Private Limited.

Sanjay Nekkanti, CEO, Dhruva Space, and Abhijit Rao Katikaneni, CEO, Sreenidhi Institute of Science and Technology signing the agreement on March 28, 2022, to formalize the partnership

According to Abhijit Rao Katikaneni, CEO, Sreenidhi Institute of Science and Technology, this Space Technology Centre aims to promote study in Space Science and develop customized payloads in the future by applying hyper-spectral imaging techniques, which will be useful in several use cases including agriculture, natural calamity prediction, water resource monitoring, deforestation, container movement, and other varied applications.

About Dhruva Space Private Limited:

Dhruva Space, founded in 2012, is a full-stack Space engineering solutions provider based in Hyderabad, India, and in Graz, Austria. The company is active across Space, Launch, and Ground segments and supports civilian and defense clients worldwide.

Dhruva Space offers Satellite/s teamed with Earth Station/s and Launch Services as an integrated solution or individually as technology solutions to power space-based applications on Earth and beyond.

In October 2020, Dhruva Space was recognized with the National Startup Award by the Government of India for its efforts in Satellite and Space Technology, and in March 2022, Dhruva Space was accoladed ‘Best SpaceTech Startup’ by Entrepreneur India Magazine’s StartUp 2022 Awards.  In October 2021, the company raised INR 22 Crore in funding led by Indian Angel Network (IAN) Fund and Blue Ashva Capital.

About Sreenidhi Institute of Science and Technology–Hyderabad:

SNIST, sponsored by Sree Educational Group was established in the year 1997 by the Chairman, Dr. K.T. Mahhe, an extraordinary educationist, a pragmatic leader, and a dynamic entrepreneur with rich experience in Academics and Industry. Sreenidhi Educational Group is involved in Engineering and Management Education, Publishing, and Marketing activities.

Though the group is only two decades old, its success and growth are truly exceptional. SNIST strives to achieve academic excellence through a futuristic outlook in a well-disciplined environment by applying the following principles: commitment to continuous improvement in all areas, involvement of people with academic expertise and industrial knowledge at all levels, and up-gradation of infrastructure and facilities from time to time.

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