Spacetech startups say the next two years critical for commercialisation, acknowledge govt push

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India’s spacetech startups are gearing up for a sharp commercial push over the next two years.

Founders say rising demand for space-based data could help the sector build its first unicorns and eventually open the door to public listings. Their vote of confidence comes soon after Prime Minister Narendra Modi on Thursday inaugurated Hyderabad-based Skyroot Aerospace’s new campus.

Government support has been critical in helping early-stage companies move from R&D to revenue, founders told ET. Agencies such as IN-SPACe and schemes including the Rs…



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Spacetech startups say the next two years critical for commercialisation, acknowledge govt push



India’s spacetech startups are gearing up for a sharp commercial push over the next two years.

Founders say rising demand for space-based data could help the sector build its first unicorns and eventually open the door to public listings. Their vote of confidence comes soon after Prime Minister Narendra Modi on Thursday inaugurated Hyderabad-based Skyroot Aerospace’s new campus.

Government support has been critical in helping early-stage companies move from R&D to revenue, founders told ET. Agencies such as IN-SPACe and schemes including the Rs…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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