IN-SPACe picks Astrobase, SatSure and TM2SPACE for first funding under Technology Adoption Fund

The three companies are the first beneficiaries under the scheme, which was launched earlier this year. They were chosen after a multi-stage evaluation process involving experts from ISRO, the Department for Promotion of Industry and Internal Trade (DPIIT), the Department of Science and Technology (DST), academia, industry and IN-SPACe, the agency said in a statement on Thursday.