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Science & Technology 25 September 2026 · Event date: 24 September 2026
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TDB-DST signs agreement with GalaxEye for ₹63.84 crore RDI support to develop next-generation multisensor satellite technology

TDB-DST signs agreement with GalaxEye for ₹63.84 crore RDI support to develop next-generation multisensor satellite technology
Official visual from the source release · Source: Press Information Bureau

The Technology Development Board (TDB) under the Department of Science and Technology has signed an agreement with M/s GalaxEye Space Solutions Private Limited to provide financial support of ₹63.84 crore. This funding is given under the Research Development and Innovation (RDI) Fund for a project totaling ₹247.69 crore to develop next-generation multisensor satellite technology. The initiative aims to advance OptoSAR imaging technology from TRL-6 to TRL-9.

Why It Matters

This agreement involves key government funding for advanced space and defence technology, making it relevant for competitive exam current affairs sections concerning science, technology, and space initiatives.

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In Simple Words

The Technology Development Board has partnered with Bengaluru-based GalaxEye Space Solutions to support the creation of an advanced multisensor satellite. Backed by a ₹63.84 crore financial support through Optionally Convertible Debentures, the overall project costs ₹247.69 crore.

The satellite will use OptoSAR imaging, combining Synthetic Aperture Radar and Electro-Optical imaging. This allows it to capture high-resolution images regardless of weather or lighting conditions, supporting applications like surveillance and target classification.

Key Points

  • TDB-DST signed an agreement with M/s GalaxEye Space Solutions Private Limited.
  • Financial support of ₹63.84 crore is provided under the Research Development and Innovation (RDI) Fund.
  • The project has a total approved cost of ₹247.69 crore.
  • The project aims to develop a multisensor satellite capable of high-resolution (<0.5 m) OptoSAR imaging.
  • The technology will be advanced from TRL-6 to TRL-9.
  • Support will be extended through Optionally Convertible Debentures (OCD).
  • OptoSAR combines Synthetic Aperture Radar (SAR) and Electro-Optical (EO) imaging.
  • Sh. Rajesh Kumar Pathak is the Secretary of TDB.

Exam Angle

Partner entity
M/s GalaxEye Space Solutions Private Limited
Financial support amount
₹63.84 crore
Total approved cost
₹247.69 crore
Technology involved
OptoSAR imaging (SAR and EO data fusion)

A. ₹247.69 crore

Source: Press Information Bureau

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