NIBE SPACE Launch

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Date: 8th September 2024

Location: The Leela, Mumbai

In a major step towards strengthening India’s defence-space capabilities, Nibe Limited

announced the launch of Nibe Space Pvt. Ltd. (NSPL), its dedicated space subsidiary. The

company unveiled its ambitious plan to develop India’s first multi-sensor, all-weather Earth

Observation Satellite Constellation, designed to provide high-resolution imagery and strategic

intelligence to support defence, homeland security, and commercial applications.

At the launch event, NSPL signed strategic Memorandums of Understanding (MoUs) with

leading Indian and global partners, including L&T, CENTUM, AgniKul, Skyroot, and Thales

Alenia Space, to collaborate on advanced satellite technologies, manufacturing, and launch

capabilities. With this initiative, Nibe Space aims to deploy a constellation of 40 satellites

over the next five to six years, significantly enhancing India’s access to real-time geospatial

intelligence and reducing dependency on foreign satellite data.

The event saw the presence of key dignitaries, including representatives from DRDO, NSE, and

the Government of Maharashtra, who acknowledged the critical role of private sector

participation in building India’s self-reliance in the space and defence sectors. With committed

funding and a strong focus on R&D, NSPL is positioned to be a key player in India's

evolving space-tech ecosystem.

This move aligns with India’s Atmanirbhar Bharat vision and reinforces Nibe Limited’s

commitment to pioneering indigenous defence and space solutions. By integrating

cutting-edge technology with strategic partnerships, NSPL is set to revolutionise India’s

space-based surveillance and intelligence capabilities, ensuring a more secure and

self-sufficient future for the nation.

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