Gandhinagar, Gujarat, Feb 12, NewSpace India Ltd. has inaugurated its new office in GIFT House, GIFT City, Gandhinagar in Gujarat today.
The office was inaugurated in the presence of senior officials of ISRO, GIFT City, and NSIL. It marks an important milestone for the company. The event began with formal inauguration of the Gujarat Office by M Mohan, CMD, NSIL and Director, Liquid Propulsion Systems Centre (LPSC)/ISRO in the presence of Nilesh M Desai Director, Space Applications Centre, ISRO. Praveen Trivedi, Executive Director, IFSCA, Avichal Khera, Chief Business Operation Officer, GIFT City, and other senior dignitaries were also present in the ceremony.
NSIL is mandated with the commercialisation of the technologies developed by ISRO in the field of Launch Services, Satellite Services, and Ground Segment, and promoting Indian industries. NSIL Gujarat Office will play a major role in facilitating the collaboration with international customers in the area of Launch & Satellite Services and Mission Support activities.
NSIL also signed its first commercial agreement from the new office premises on this auspicious occasion with M/s GalaxEye towards reselling their satellite data and value added solutions.
The inauguration of the new office marks another important milestone in the growth of space ecosystem in the country.
