News · Government, Defense & Space

PM Modi meets 20 spacetech startups

By Startup Enthusiast · 21 August 2026

What they do

PM Modi met founders of 20 spacetech startups at Seva Teerth

Startups presented work on satellites, launch systems, and earth observation

Skyroot Aerospace became India's first spacetech unicorn after a $60 million round

PM Modi met founders and CEOs of 20 spacetech startups at Seva Teerth on 21 August 2026.
The startups included Skyroot Aerospace, Agnikul Cosmos, Pixxel, Dhruva Space, and others.
They presented work on satellite fabrication, semi-cryogenic launch systems, space situational awareness, and AI-driven earth observation.
PM Modi called on startups to collaborate beyond aerospace, such as debris firms with environmental organisations.
He suggested startups engage with Atal Tinkering Labs to inspire schoolchildren.
PM Modi reiterated the intent to make India a hub for FDI and global talent in space.

The Indian Space Policy 2023 accelerated private participation in space missions.
The government liberalised FDI norms and set up a ₹1,000 crore venture capital fund and a ₹500 crore technology adoption fund.
The Indian space industry is projected to reach $77 billion by 2030.

Skyroot Aerospace builds rockets and satellites for commercial and government customers.
It completed India's first private orbital rocket launch using Vikram-1 in July 2026.
The company reached a $1.1 billion valuation in a $60 million funding round in May 2026.
Dhruva Space makes satellite platforms and ground station services.
Pixxel operates a constellation of hyperspectral earth observation satellites.
GalaxEye builds satellite-based synthetic aperture radar for defence and agriculture.
Bellatrix Aerospace develops electric propulsion systems for small satellites.
Digantara provides space situational awareness and debris tracking services.
SatSure uses satellite data for agriculture, infrastructure, and insurance analytics.
Manastu Space makes green propulsion systems for satellites.
TakeMe2Space offers on-orbit services like satellite refuelling and debris removal.

Product: Vikram-series rockets for commercial satellite launch services and space missions
Customers: Satellite operators, space agencies, and commercial payload providers worldwide
How it makes money: Commercial launch services provider with flight-tested propulsion and avionics systems
What sets it apart: First Indian private company to achieve orbital launch with indigenous technology