Latest news with #NavIC
Time of India
5 hours ago
- Business
- Time of India
India's space regulator picks Google-backed PixxelSpace for home-grown satellite constellation
India's space regulator has picked a consortium led by Google-backed startup PixxelSpace to build a commercial home-grown constellation of earth observation satellites, with an investment of more than 12 billion rupees (nearly $137 million) over the next five years, it said on consortium, comprising local space tech firms Piersight Space, Satsure Analytics India and Dhruva Space, will design, build, and operate the satellites, the Indian National Space Promotion and Authorisation Centre (IN-SPACe) PixxelSpace-led consortium won the project, outbidding Indian defence equipment makers Astra Microwave and Bharat Electronics. The Indian government wants to reduce its dependence on foreign systems, including the widely used U.S. Global Positioning System (GPS), and says its regional navigation satellite system, called NavIC (Navigation with Indian Constellation), provides more accurate domestic navigation and that its use would benefit the economy. This is in line with Prime Minister Narendra Modi's drive for self-reliance, which has also expanded the use of NavIC. India has also been pushing tech giants to make smartphones compatible with its home-grown navigation system within months, worrying the likes of Samsung, Xiaomi and Apple.
Business Recorder
13 hours ago
- Business
- Business Recorder
India's space regulator picks Google-backed PixxelSpace for home-grown satellite constellation
India's space regulator has picked a consortium led by Google-backed startup PixxelSpace to build a commercial home-grown constellation of earth observation satellites, with an investment of more than 12 billion rupees (nearly $137 million) over the next five years, it said on Tuesday. The consortium, comprising local space tech firms Piersight Space, Satsure Analytics India and Dhruva Space, will design, build, and operate the satellites, the Indian National Space Promotion and Authorisation Centre (IN-SPACe) said. The PixxelSpace-led consortium won the project, outbidding Indian defence equipment makers Astra Microwave and Bharat Electronics. The Indian government wants to reduce its dependence on foreign systems, including the widely used U.S. Global Positioning System (GPS), and says its regional navigation satellite system, called NavIC (Navigation with Indian Constellation), provides more accurate domestic navigation and that its use would benefit the economy. This is in line with Prime Minister Narendra Modi's drive for self-reliance, which has also expanded the use of NavIC. India has also been pushing tech giants to make smartphones compatible with its home-grown navigation system within months, worrying the likes of Samsung, Xiaomi and Apple.
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Business Standard
13 hours ago
- Business
- Business Standard
IN-SPACe picks Google-backed PixxelSpace for satellite constellation
The PixxelSpace-led consortium won the project, outbidding Indian defence equipment makers Astra Microwave and Bharat Electronics Reuters India's space regulator has picked a consortium led by Google-backed startup PixxelSpace to build a commercial home-grown constellation of earth observation satellites, with an investment of more than 12 billion rupees (nearly $137 million) over the next five years, it said on Tuesday. The consortium, comprising local space tech firms Piersight Space, Satsure Analytics India and Dhruva Space, will design, build, and operate the satellites, the Indian National Space Promotion and Authorisation Centre (IN-SPACe) said. The PixxelSpace-led consortium won the project, outbidding Indian defence equipment makers Astra Microwave and Bharat Electronics. The Indian government wants to reduce its dependence on foreign systems, including the widely used U.S. Global Positioning System (GPS), and says its regional navigation satellite system, called NavIC (Navigation with Indian Constellation), provides more accurate domestic navigation and that its use would benefit the economy. This is in line with Prime Minister Narendra Modi's drive for self-reliance, which has also expanded the use of NavIC. India has also been pushing tech giants to make smartphones compatible with its home-grown navigation system within months, worrying the likes of Samsung, Xiaomi and Apple. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Time of India
14 hours ago
- Business
- Time of India
India's space regulator picks Google-backed PixxelSpace for home-grown satellite constellation
India's space regulator has picked a consortium led by Google-backed startup PixxelSpace to build a commercial home-grown constellation of earth observation satellites, with an investment of more than 12 billion rupees (nearly $137 million) over the next five years, it said on Tuesday. The consortium, comprising local space tech firms Piersight Space, Satsure Analytics India and Dhruva Space, will design, build, and operate the satellites, the Indian National Space Promotion and Authorisation Centre (IN-SPACe) said. Finance Value and Valuation Masterclass Batch-1 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass - Batch 2 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass - Batch 3 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals By Vaibhav Sisinity View Program Finance Value and Valuation Masterclass - Batch 4 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program The PixxelSpace-led consortium won the project, outbidding Indian defence equipment makers Astra Microwave and Bharat Electronics . The Indian government wants to reduce its dependence on foreign systems, including the widely used U.S. Global Positioning System (GPS), and says its regional navigation satellite system, called NavIC (Navigation with Indian Constellation), provides more accurate domestic navigation and that its use would benefit the economy. This is in line with Prime Minister Narendra Modi's drive for self-reliance, which has also expanded the use of NavIC. Live Events India has also been pushing tech giants to make smartphones compatible with its home-grown navigation system within months, worrying the likes of Samsung, Xiaomi and Apple.
The Print
5 days ago
- Business
- The Print
Trump's tariff threat to India isn't just about trade imbalances. It's ego-driven
Donald Trump's threat to raise tariffs on Indian goods to 50% isn't just about trade imbalances but more ego-driven. He knows this locks Indian products out of the US market. This isn't a trade dispute, it's a strategic challenge that will test India's economic resilience, political maturity, and diplomatic agility. With only 4 satellites active, India's GPS alternative risks becoming obsolete With only four of 11 satellites in use, India's satellite navigation system risks irrelevance. ISRO cannot afford to give up. Born from Kargil War lessons, NavIC is India's answer to America's GPS, a strategic imperative that will reduce dependency on other countries for intelligence. Future launches must fulfil this promise.
