India's new space income manager: Supervisatellites

Copyright © HT Digital Streams Limit all rights reserved. Shouvik Das 4 min read 27 Jun 2025, 05:30 am IT Over the past six months is the private space enterprises Ananth Technologies and Digantara under firms that supervised in contracts for the manufacture of satellite production. Summary countries such as Australia, Norway, Poland and others tap on Indian space firms to build oversight at as global geopolitical tension increases. New Delhi: India’s private spatial firms may have the income boost they hoped: thanks to geopolitical tension, several countries have tapped them to build satellites as the demand for space-based supervision grows. Ananth Technologies, based on Bengaluru, a long -standing engineering partner for the Indian Space Research Organization (ISRO), has been conducting an order from Australia for Satellites for defense over the past year. Peer Digantara is also part of this contract under the Mission for Australia-India’s technology, research and innovation or mitri program. Norway, Hungary and Poland, except nations from West Asia and the global south, are also working on various Indian spaceships, including Adani Defense and Aerospace-backed Alpha design, according to at least five operating managers, Mint spoke. Most of these countries do not have their own satellite programs, but the changing geopolitical alignments and world tension have strengthened the need for space surveillance. And although revenue generated from such projects has not yet reached hundreds of millions of dollars, India’s friendly relations of local space companies offer the opportunity to achieve growth through such partnerships. According to Chaitanya Giri, space fellow at Global Think-Tank, Observer Research Foundation, it also focuses the supervisory satellite giants in the US, such as Boeing, Lockheed Martin and Northrop Grumman, mostly on major contracts. As most of the contracts that come India’s path ranges from $ 5-25 million a year, Giri said it was “too small for US Behemoths, but cumulatively it could have a significant boost for India”. Satellite mounting line Ananth Technologies and Digantara offers end-to-end design and manufacturing of satellites and provides oversight data to Australia. Although it did not disclose the exact size of the transactions, both said that the perennial pactization rendered to the monetization of their business models in India. “We have three satellite manufacturing and design engineering centers across Hyderabad, Bengaluru and Thiruvananthapuram, where we build and design a high resolution supervision, imaging and nature observation satellites based on clients,” said Subba Rao Pavavuri, chairman and managing director of Ananth Technologies. The company has the reputation for supporting it, with manufacturing satellites for India. It is in orbit and is run by Isro. In FY24, Ananth Technologies, recorded in 1992, earned operating income of £ 270 crore, according to data from the Ministry of Corporate Affairs. Digantara, recorded six years ago, earns £ 3.2 crore and projects its income to rise with FY27 to 250 crore with FY27 on satellite data and manufacturing contracts. Mint reported on June 13 over £ 100 crore of Digantara’s turnover growth will continue through his contract with India’s defense Ministry. Anirudh Sharma, CEO of the Peak XV-backed boot, is also setting up the company’s own satellite mounting course. Mint visited the company’s headquarters in Bengaluru. The boot offers satellite observation and data analysis services to paying customers. “We are also currently working with other clients, including the government of India, as well as interested parties from the European Union,” Sharma said. “There is an increasing demand for sovereign surveillance capabilities around the world, for which we offer white label services to different governments.” The Indian Space Startups are looking for a service outside the manufacture of other countries, and wants to put their own supervision satellites in orbit, and offers high-resolution supervision data to countries. Earlier this month, Galaxye Space, a four-year-old Chennai headquarters, announced that it would put his first supervision satellite in orbit as part of his plan for expansion of business. “… The current increase in interest in supervisory satellites also raises our case for innovation-where we place a high-resolution synthetic diaphragm radar (SAR) satellite that can observe the earth with a 0.5 meters resolution,” Galaxye founder Suyash Singh said. ‘We have already had early-phase talks with hundreds of clients, which we decided to build this satellite. In the next six to eight months, we offer an income projection for the coming years, the satellite in orbit and money for our next phase of operations. ‘ Singh said that the company’s demand for early stages is largely coming from West Asia and the global south. A year ago, the Australia government signed a $ 18 million contract with Isro’s commercial business unit, Newspace India Limited (NSIL), to use its satellite launch services. Philip Green, high commissioner from Australia to India, said on Wednesday with Mint on the sidelines of the Indian Space Congress of 2025 in New -Delhi that space is an active collaboration between the two countries. “We utilize the power that each of us has in our nations to work together in different areas, including technology. In space, Australia is a global innovation leader – we bring it to India and tap its massive engineering talent pool with private firms that are very skilled in niche areas. Partner like India, we can work together throughout the line and the ecosystem and do it more intensively. This is where the collaboration between India and Australia is at the moment, “Green said. Orf’s Giri calls it a ‘natural evolution’. Standard choice for global satellite manufacturing. “Giri expects these contracts to help India’s private spaceships strengthen their reputation in the world market.” With space and supervision seen as key areas of engineering and innovation, India is in a strong position to utilize its relations worldwide – and help private firms worldwide as critical infrastructure. ” Market news, news reports and latest news updates on live mint.