What Happened
IN-SPACe Issues 130 Authorizations Amid Rapid Growth
India’s private space sector has seen significant growth, with the number of startups crossing 450. The Indian National Space Promotion and Authorisation Centre (IN-SPACe) has issued 130 authorizations, including to rocket-maker Skyroot Aerospace. The sector has raised around $390 million in funding over the past three years, with the government committing an additional $120 million to a venture capital fund. As reported by ANI, IN-SPACe is working to develop a single-window interface for applicants and targeting India as a global hub for small satellite manufacturing and launch services.