IN-SPACe funds 3 space startups, including Hyderabad's TM2SPACE
IN-SPACe has selected three space startups — Astrobase Space Tech, SatSure Analytics and Hyderabad's TM2SPACE — as the first non-governmental entities for grants under its Technology Adoption Fund.
TM2SPACE will build an indigenous AI-powered star tracker for satellites, SatSure an Earth-observation AI foundation model, and Astrobase a high-thrust closed-cycle liquid rocket engine.
IN-SPACe chairman Dr Pawan Goenka said the fund bridges the gap between early-stage development and commercial success.
Originally reported by YourStory. Article compiled by the Deccan Age desk.
