India, Feb. 12 -- The Indian National Space Promotion and Authorisation Centre (IN-SPACe) announced its Satellite Bus as a Service (SBaaS) initiative through an Announcement of Opportunity (AO) in April 2025. The AO invited proposals from Indian non-governmental entities (NGEs) to develop indigenous small satellite bus platforms for hosted payload services.

A total of 15 proposals were received by July 2025. Following a multi-stage evaluation process, three companies were selected: Astrome Technologies, Bengaluru; Azista Industries, Hyderabad; and Dhruva Space, Hyderabad.

Each company will receive a grant of Rs 5 crore to support the development and demonstration of a modular and scalable small satellite bus platform. These platforms ar...