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Context:
The Indian space technology sector is currently valued at $8.4 billion, but accounts for a mere 2 per cent of the global space economy. The growth is expected to be driven by technological advancement, government support, and rising demand for space solutions.
Other Related Projects:
- Pixxel – a constellation satellite of the worlds hyperspectral satellite.
- PierSight has made Varuna a maritime surveillance satellite, expected to be onboard of Isro’s PSLV launcher next year.
- GalaxEye is building the world’s first-ever Hybrid synthetic aperture radar (SAR) and multispectral imaging (MSI) sensor satellite that has the capacity to provided high-resolution, all-weather, multi-sensor data, without the restrictions of time.
- PierSight’s proposed SAR and automatic identification system (AIS) satellite constellation will provide persistent, near-real-time monitoring of all human activity at sea.
Also read: ISRO International Space
