• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Friday, July 18, 2025
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Business

Ministry of Defense teams up with Bengaluru startup to develop pseudo satellite

by Balraj
February 13, 2022
in Business, India News, Startups, Tech
Reading Time: 2 mins read
0
Image of High Altitude Pseudo-Satellite

Image Source: Airforce Technology

TwitterWhatsappLinkedin

The Ministry of Defence (MoD) has signed a deal with Bengaluru-based aerospace startup NewSpace India Limited to create a High Altitude Pseudo-Satellite (HAPS). On February 10, the two parties inked a contract. HAPS is an autonomous aircraft that can operate at altitudes of more than 65,000 feet and stay in the air for months at a stretch, allowing it to undergo surveillance operations.

You might also like

2026 Mercedes-Benz CLA EV: A Smart, Stylish, and Sensible Electric Sedan for the Real World

Trump Administration Rolls Back Fuel Economy Penalties, Saving Automakers Millions

Trump Administration Pulls $4 Billion in Federal Funding from California’s High-Speed Rail Project

Image of High Altitude Pseudo-Satellite
Image Source: Airforce Technology

The HAPS is capable of flying at higher altitudes, making them undetectable to traditional air defense systems. They also use solar energy to power themselves, allowing them to stay in the air for months on end. The Bengaluru-based startup will play an important role in the development of a primary prototype for testing, which will be examined within the next four years as part of the deal. With seed funding from the Ministry of Defence, the company will lead the first phase of development.

The project is part of the MoD’s Innovations for Defence Excellence (iDEX) program. The initiative, which is backed by the Indian Army, would also include Hindustan Aeronautics Limited (HAL) as the principal prototype development partner. The overall projected cost of the project is more than Rs 700 crore. Following that, the HAPS will be a part of HAL’s Combat Air Teaming System, which aims to connect manned airborne systems with the high altitude surveillance network.

According to ET, Defence Secretary Ajay Kumar stated, “Major UAV-related tech development was initiated under iDEX for HAPS. HAPS UAV will fly in the stratosphere for months. It will be a huge step towards cutting edge aerospace development by startups.”

According to a report, imports fulfill almost 70 percent of the country’s defense needs. The government has proposed a bunch of schemes to encourage domestic companies in an effort to uphold foreign exchange and boost the local defense sector.

Domestic defense procurement received up to 68 percent of the defense services capital acquisition budget in this year’s Union Budget which was announced on February 1. Furthermore, the Centre prioritized the procurement of capital equipment from local sources under the Defence Acquisition Procedure 2020. This is aligned with the Centre’s goal of making India the “defense hub of the world,” with a $25.5 billion turnover in military equipment and services by 2025.

The domestic defense and aerospace manufacturing segment is expected to reach Rs 1 trillion in 2022, according to the government. According to another report, the same industry will be worth $70 billion by 2030.

Tags: AerospaceAjay KumarDefence MinistryDepartment of DefenceHindustan Aeronautics LimitedMinistry of DefenceNewSpace India Ltd
Tweet54SendShare15
Previous Post

New MoviePass App Will Use Eye Tracking To Force You To Watch Ads

Next Post

South Korea’s $200 billion wealth fund to invest in the metaverse

Balraj

Balraj writes about Startup, Business, Technology related news on Techstory... For Business Enquires related to TechStory; Get in touch on: [email protected]...

Recommended For You

2026 Mercedes-Benz CLA EV: A Smart, Stylish, and Sensible Electric Sedan for the Real World

by Samir Gautam
July 18, 2025
0
2026 Mercedes CLA EV Unveiled: Smart, Sleek, Efficient

In a world where electric cars are often oversized, overpowered, and frankly, overwhelming, Mercedes-Benz is offering a breath of fresh air with the 2026 CLA EV. Rather than...

Read more

Trump Administration Rolls Back Fuel Economy Penalties, Saving Automakers Millions

by Samir Gautam
July 17, 2025
0
Trump Rolls Back Fuel Penalties, Saving Automakers $200 Million

Automakers are set to receive a major financial reprieve under a newly signed law by U.S. President Donald Trump that retroactively eliminates fuel economy penalties for certain past...

Read more

Trump Administration Pulls $4 Billion in Federal Funding from California’s High-Speed Rail Project

by Harikrishnan A
July 17, 2025
0
Trump Administration Pulls $4 Billion in Federal Funding from California’s High-Speed Rail Project

President Donald Trump has ordered the U.S. Department of Transportation to revoke $4 billion in federal funding from California’s high-speed rail project, a move that has reignited a...

Read more
Next Post
South Korea's $200 billion wealth fund to invest in the metaverse

South Korea's $200 billion wealth fund to invest in the metaverse

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple Artificial Intelligence bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?