Dhruva Space Private Limited signs MoU with IN-SPACe at Ahmedabad inauguration

AHMEDABAD, GJ, INDIA (JUNE 10, 2022) Dhruva Space Private Limited is excited to announce the signing of a Memorandum of Understanding (MoU) with Indian National Space Promotion and Authorization Center (IN-SPACe) for the enablement of space activities, namely the testing and launch of Satellites and Satellite components.

The MoU also dives into two more aspects of this integral partnership: the testing of Satellite Deployers on the PSLV C53 Mission in June, and the launch of two Satellites – Thybolt-1 and Thybolt-2 – as a part of the PSLV C54 mission.

The agreement, signed on June 10, 2022, was officialised at the inauguration of IN-SPACe in Ahmedabad, Gujarat. Present at the inauguration were numerous respected dignitaries and space-tech luminaries including Hon'ble Prime Minister of India Shri Narendra Modi; Hon'ble Union Home Minister Amit Shah; Hon'ble Chief Minister of Gujarat Bhupendrabhai Patel; Indian Space Research Organisation (ISRO) chairman Dr S Somanath,IN-SPACe chairman Dr Pawan Goenka; IN-SPACe Director - Program Management and Authorisation Dr. P. K. Jain; and IN-SPACe Director - Promotions Vinod Kumar, and more.

Speaking on the landmark occasion, Sanjay Nekkanti, CEO, Dhruva Space Private Limited, comments, “Having signed the commercial launch services agreement with NewSpace India Limited and now securing an MoU with IN-SPACe, we look forward to a fruitful partnership with ISRO to help fuel the growth of India’s private space sector. We are excited to prove Dhruva Space’s capabilities through robust demonstrations of technologies in the Space Environment with the support of ISRO in reviewing, testing and delivering satellite systems for the global market. Going forward, Dhruva Space intends to be part of every ISRO PSLV commercial mission and lead the Prime Minister's drive of private industry-led space revolution in the country.”

On behalf of Dhruva Space, Nekkanti concludes, “We are grateful for the ongoing support from ISRO, IN-SPACe, and the Department of Space, Government of India, in our efforts to build indigenous capability in the domain of small satellite technology.”

About IN-SPACe:

Indian National Space Promotion and Authorization Center (IN-SPACe) is an independent nodal agency under the Department of Space, Government of India. Headquartered in Ahmedabad, Gujarat, the entity permits, regulates, promotes, monitors and supervises space activities of Non-Governmental Private Entities (NGEs) in India.

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 recognised 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’s StartUp 2022 Awards, and in April 2022, the company was featured in Fortune India’s ‘40 Under 40: India’s Brightest Young Minds’ edition.

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Divya Kala Bhavani

divya@dhruvaspace.com

+91 9515679345