Fundraise

Dhruva Space wins Rs 105 crore grant for mass-producible satellite platform

What's the deal? Hyderabad-based Dhruva Space has secured a Rs 105 crore grant to develop "Project Garud" — a 500kg-class satellite platform designed for mass production and constellation-scale missions. The funding comes from India's Research and Development Infrastructure Fund (RDIF).

Why now? India's private space sector is accelerating rapidly, with the government increasingly backing homegrown companies to build sovereign space capabilities. A mass-producible satellite platform could position India as a competitive player in the global satellite constellation market, where demand is surging for communications, earth observation, and defence applications.

The signal: The grant reflects India's broader push to nurture a domestic space-industrial base that can compete at scale. If Dhruva Space delivers a reliable, repeatable 500kg satellite bus, it could unlock constellation deployments that were previously the domain of well-funded Western firms. For India's nascent private space ecosystem, this is a meaningful step from building one-off satellites to thinking in fleet-scale terms.

Read more: news9live.com

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