"We have received 9 applications...Each applicant represents a consortium, involving a total of 30 companies," said Pawan Goenka, chairman of the Indian National Space Promotion and Authorisation Centre, or IN-SPACe.The regulator had sought "expressions of interest" (EoI) in July to build home-grown satellite constellations to monetize the sector and ensure data sovereignty.India is doubling down on its small satellite and data services market to carve out a leading role in the global commercialization of space. The market, increasingly key for industries ranging from telecoms to climate monitoring, is projected to reach $45 billion by 2030.The applicants for IN-SPACe's latest effort in this regard include startups such as Google-backed Pixxel and Baring Private Equity-backed SatSure, as well as larger entities like Tata Group's Tata Advanced Systems. The companies did not immediately respond to queries.Goenka said he expects technical evaluations to be completed by the end of January, after which a tender will be floated. IN-SPACe's eligibility criteria include applicants raising or investing at least ₹850 million ($10 million) in space-related activities, having a valuation of ₹8.5 billion, or a turnover of ₹2 billion in the past three years.

India's push for own satellite constellation draws 30 firms

1259,1594,671,138,2022,3134

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