India, Feb. 12 -- Nodal space body Indian National Space Promotion and Authorization Centre (IN-SPACe) yesterday said that it has selected three homegrown startups to build indigenous small satellite bus platforms.

In an official announcement, IN-SPACe said that Astrome Technologies, Azista Industries and Dhruva Space were selected from a pool of 15 applicants after a rigorous and multi-stage evaluation process. The body signed a contract agreement with all three selected companies on February 11.

The startups will now receive a grant of Rs.5 Cr each to develop and demonstrate a robust, modular and scalable small satellite bus.

".. By enabling indigenous satellite bus platforms and integrating them with India's emerging small satellite...