India, Sept. 24 -- The Government of India has issued a release:
Taking forward the Government of India's push to accelerate private-sector research and development in strategic and emerging technologies, the Technology Development Board (TDB), Department of Science & Technology (DST), Government of India, has signed an agreement with M/s GalaxEye Space Solutions Private Limited, Bengaluru for financial support of Rs.63.84 crore under the Research Development and Innovation (RDI) Fund.
The project, with a total approved cost of Rs.247.69 crore, is aimed at developing a multisensor satellite capable of high-resolution (<0.5 m) OptoSAR imaging and taking the technology from TRL-6 to TRL-9. The support will be extended through Optionally Con...