Pixxel, Piersight, Satsure, Dhruva Space join forces: Win IN-SPACe bid for 12-satellite Earth Observation system; all made, launched in India
The programme will help reduce India's reliance on foreign sources and ensuredata sovereignty.
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The space promoter-cum-regulator on Tuesday said three consortia were shortlisted after rigorous technical evaluation: Astra Microwave Products with Bharat Electronics, Sisir Radar and Spectragaze Systems; GalaxEye Space with CoreEL and PixxelSpace along with its other three partners.
Pixxel consortium emerged as the lowest bidder (L1), surpassing the other two by a wide margin.
PierSight's cofounder Vinit Bansal confirmed the same without revealing the exact amount of the bid. Pixxel's founder AwaisAhmed declined to disclose the consortium's exact bid value.
In a response to ET query, GalaxEye founder, Suyash Singh part of the selected consortium confirmed that their bid value was ₹97 crore. Singh said GalaxEye gearing up for its maiden launch of its EO Drishit satellite was proud to be the youngest company to lead a consortium and qualify technically.
Over the next four years, the winning team will invest more than ₹1,200 crore to deploy 12 satellites carrying optical, hyperspectral, and synthetic aperture radar (SAR) sensors. These will provide high-resolution data for agriculture, urban planning, disaster management, climate monitoring, and national security.
'Once operational, it will be among the most advanced EO systems in the world, designed, built, and operated entirely in India by Indian talent,' IN-SPACe said in a statement. The EO constellation will be deployed in a phased manner to ensure continuous service upgrades and expanded coverage.
The winning Pixxel-led consortium brings together complementary strengths.
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Time of India
13 hours ago
- Time of India
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