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Space startup investments surge in Q3 amid government contracts boom
Despite the typically sluggish nature of the July-September period, funding for 103 companies surged by 17% to reach $3 billion, according to the findings by venture capital firm Space Capital.Read more
Nashik soars as India's new aircraft manufacturing hub
Bengaluru-based state-owned plane maker Hindustan Aeronautics Limited (HAL) is gearing up to activate fresh production lines in Nashik for the indigenous light combat aircraft (LCA) Mk-1A and Hindustan Turbo Trainer-40 (HTT-40) planes.Read more
Dhruva Space unveils state-of-the-art Space Technology Hub in Shamshabad
The upcoming facility, located at the TSIIC (Telangana State Industrial Infrastructure Corporation) Hardware Park II in Shamshabad, will specialise in producing satellite platforms and subsystems, satellite orbital deployers, ground station equipment, and more.Read more
Garuda Aerospace soars: Pioneering India's drone revolution
The company is gearing up for a pre-IPO funding round in 2024, targeting a substantial investment of $40-50 million with having recently secured $22 million in funding and enlisted cricketer MS Dhoni as its ambassador.Read more
India Manufacturing Show 2023 to be held in Bengaluru in November
The key focus sectors of the 6th Edition will be on five different verticals related to aerospace, defence and general engineering segmentsRead more
Rajnath Singh to inaugurate the India Manufacturing Show, 2023
Laghu Udyog Bharati-Karnataka in association with IMS Foundation is hosting a three-day 6th Edition of India Manufacturing Show 2023 scheduled for November 2-3-4, 2023 at BIEC in Bangalore.Read more
Dassault, Reliance forges ahead to commence Falcon Jet production by 2025
Production is slated to commence at a rate of 18 aircraft per year, with the potential to scale up to 22 aircraft.Read more
NBC Bearings soars into Aerospace industry with strategic investments
As part of this strategic initiative, Lokesh Agrawal, the Chief Technology Officer (CTO) of NBC Bearings, revealed that the company has established a specialised business vertical exclusively designed for the aerospace industry.Read more
US tech firm, LAM Research eye Karnataka expansion
LAM Research, the prominent US-based semiconductor equipment and services provider, has shown interest in establishing a new laboratory in Karnataka, as confirmed by the office of Karnataka's Minister.Read more
Goodluck Defence and Aerospace expands operations with Rs 96 cr investment
Although operational activities of the company established on August 31, 2023, are yet to commence, the company has already secured a substantial investment of Rs 40 crore from its parent company.Read more