IN-SPACe Floats Technology Adoption Fund To Support Spacetech Startups

-IN-SPACe launches Technology Adoption Fund to support spacetech startups with funding up to INR 25 Cr per project

-The fund will cover 60% of project costs for startups/MSMEs and 40% for larger industries, focusing on satellite technology, propulsion systems and ground station infrastructure

-The initiative follows the government’s INR 1,000 Cr VC fund announcement and comes amid rising spacetech investments, which crossed $100 Mn annually

More:https://inc42.com/buzz/in-space-floats-technology-adoption-fund-to-support-spacetech-startups/