India's Dhruva Space has signed an MoU with Finland-based ICEYE to manufacture satellite buses and develop advanced space systems. The partnership will focus on boosting Earth observation data analytics for disaster management, maritime tracking, and agriculture
The MoU seeks to empower space tech start-ups across the country with technology tools and platforms, go-to-market support and mentoring to help them scale and become enterprise-ready.
The fresh round of funding follows the Indian government’s major thrust to the space sector by opening it up to private sector players including startups and encouraging private investments into the sector.