IN-SPACe offers ₹67.15 crore for propulsion, precision clocks and NavIC chips
IN-SPACe representatives with selected company teams. Photo: IN-SPACe, via India Today.IN-SPACe has selected Manastu Space, Inspecity Space Laboratories, VyomIC and MumbaiSemi for offers totalling ₹67.15 crore under its Technology Adoption Fund, India Today reports. The money is linked to development milestones. These are technology-support offers, not four completed venture-capital rounds or confirmation that all the money has been paid.
DTT summary based on India Today's report. The full article is on the publisher's site.
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An iodine-based Hall-effect thruster for small satellites. It uses electricity to accelerate propellant; solid iodine can avoid heavy, high-pressure xenon tanks.
A refuellable propulsion system to control a microsatellite's movement and orientation. A refuelling port is intended to support future in-space servicing.
Highly stable precision clocks. Accurate timekeeping helps receivers calculate their position from satellite signals.
A single chip combining radio-signal and digital processing to receive GPS and India's NavIC navigation signals.
Milestone-linked technology-support offers, not closed venture rounds, completed disbursements or finished flight-proven products.