Tuesday, May 26, 2026
News

Indian space startup's Azista BST's satellite orbited by SpaceX's Falcon 9 rocket

SocialTwist Tell-a-Friend    Print this Page   COMMENT

Chennai | Thursday, 2023 1:45:08 PM IST
Indian space sector startup Azista BST Aerospace Pvt Ltd's first remote sensing satellite ABA First Runner (AFR) was successfully orbited by SpaceX's Falcon 9 rocket.

According to SpaceX, the rocket on a dedicated rideshare mission carried 72 spacecraft that includes CubeSats, MicroSats and others and one of them was the Ahmedabad-based Azista BST Aerospace's 80 kg satellite AFR.

Azista BST Aerospace is an Indo-German satellite manufacturing joint venture floated by India's Azista Industries Pvt. Ltd (holding 70 per cent stake) and Berlin Space Technologies GmbH (holding 30 per cent stake).

"Currently the company is funded by Azista Industries. We are not for venture capital funding. We have a long term outlook in business," Sunil Indurti, Director had told IANS.

The AFR will provide a panchromatic image with five metre resolution with a Swath of 70km.

According to Bharath Simha Reddy P., Business Development Manager, the company has potential customers -- in strategic and agriculture sectors -- for the data to be acquired from the first satellite and as well as analytics. Most of the customers are located in SouthEast Asia and other parts, including India.

"In the next two/three years, there will be three/four missions to demonstrate our satellite payloads," Bharath Simha Reddy had told IANS recently.

An engineering graduate from the famed College of Engineering, Guindy in Chennai Indurti got into the space sector after founding and exiting an ice cream parlour chain in Hyderabad.

"My ambition during the college days was to build a national brand," Indurti said.

Soon after exiting the ice cream venture, Indurti met Srinivas Reddy Male, Managing Director and a Director with pharma company Hetero and both decided to get into satellite manufacturing.

"We initially started as a vendor for Indian Space Research Organisation (ISRO) and set up a factory in Ahmedabad in Gujarat. We have also set up weather stations for DRDO and others," Indurti said.

According to Bharath Simha Reddy, the company's target is to make about 100 satellites per year that would weigh between 50-200 kg.

--IANS vj/dpb

( 351 Words)

2023-06-13-11:16:03 (IANS)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE SCIENCE NEWS
Scientists discover why some DNA-doubled...
More...
 
INDIA WORLD ASIA
'In process of filing our new DPR': Karn...
AIADMK's EPS slams Tamil Nadu govt over ...
1984 Anti Sikh Riots case: Delhi HC issu...
'He could see far ahead': Shivraj Singh ...
'Busy visiting foreign nations as touris...
'Very impractical': Congress leader Digv...
More...    
 
 Top Stories
Maharashtra Congress chief Harshwar... 
"Fuel saving is fuel creation": Mah... 
BJP president Nitin Nabin felicitat... 
Bhutan PM Tobgay offers prayers at ... 
Tension in Perambalur: VCK and DMK ... 
Parliamentary panel to summon Meta,... 
SEPC Limited Posts Stellar FY26 Res... 
Tamil Nadu speaker accepts E Subaya...