The Indian National Space Promotion and Authorisation Centre (IN-SPACe), the commercial arm of the Indian Space Research Organisation, has selected three startups—Astrobase Space Technologies, SatSure Analytics India and TM2SPACE Technologies—for funding under its Technology Adoption Fund (TAF).
The three companies are the first beneficiaries under the scheme, which was launched earlier this year. They were chosen after a multi-stage evaluation process involving experts from ISRO, the Department for Promotion of Industry and Internal Trade (DPIIT), the Department of Science and Technology (DST), academia, industry and IN-SPACe, the agency said in a statement on Thursday.