The startups are Bengaluru-based companies Astrobase Space Technologies and SatSure Analytics India and TM2SPACE Technologies from Hyderabad.

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…

IN-SPACe funds 3 Indian startups to develop an 800 kN reusable rocket engine, AI Earth observation model and advanced satellite navigation technology.