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Pixxel-led group to set up first pvt satellite network

Financial Express Chennai

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August 13, 2025

Set for Take-off

- OJASVI GUPTA

A consortium led by Bengaluru-based PixxelSpace has won the bid to build and operate the country's first fully-indigenous commercial earth observation (EO) satellite constellation, the Indian National Space Promotion and Authorisation Centre (INSPACe) said on Tuesday.

PixxelSpace, which emerged as the winner, beating two rival groups in a closely contested bid, along with its partners will invest over ₹1,200 crore to deploy 12 high-resolution satellites, a move that has the potential to cut the dependence on foreign data and cement India's place in the global EO market.

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