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Manastu Space, Inspecity, VyomIC and MumbaiSemi

Iodine Hall effect thrusters, refuellable microsatellite propulsion, space grade clocks and a NavIC and GPS receiver chip, Mumbai

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StartupStartups & Fintech

IN-SPACe offers Rs 67 Cr to four space startups for iodine thrusters, refuellable engines, space clocks and a NavIC chip

The second round of the Technology Adoption Fund takes the number of backed companies to seven. Money will flow in stages against milestones.

31 October 2026 · 2 min read