NewSpace India (NSIL)

NewSpace India (NSIL)

https://www.nsilindia.co.in/
https://www.linkedin.com/company/newspace-india-limited-nsil/

NewSpace India, also known as NSIL, is a wholly-owned Government of India company under the Department of Space, headquartered in India. Established in 2019, the company employs approximately 10 individuals and reported $804,220 in revenue as of 2023. Functioning as the commercial arm of the Indian Space Research Organization (ISRO), NSIL specializes in enterprise connectivity services. Its responsibilities include undertaking commercial launches of satellites, providing space-based services, and promoting space-related industries in India. NSIL is also involved in the development and launch of small satellites, space exploration missions, and other related activities.

Revenue

Founded

2019

Headcount

5

Headquarters

India

Primary Segment

Enterprise connectivity services

Ownership

Privately Owned

News Summary:

On February 15, 2026, space tech start-up GalaxEye signed an agreement with NewSpace India Limited (NSIL), the commercial arm of the Indian Space Research Organisation (ISRO), for its satellite imagery solutions. This partnership, which formally established a data reseller arrangement, makes GalaxEye the first private Indian satellite operator to collaborate with NSIL in this manner. Under the agreement, NSIL will resell GalaxEye’s Earth observation data products, including advanced satellite imagery solutions such as SyncFused OptoSAR data, in both domestic and international markets. These products aim to deliver insights across sectors including agriculture, disaster management, and natural resource management. Previously, on February 11, NSIL inaugurated a new office in GIFT House, GIFT City, Gandhinagar, Gujarat, with senior officials from ISRO, GIFT City, and NSIL present.

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NewSpace India (NSIL) offers products in the media tech and connectivity and cloud industries. NewSpace India (NSIL)'s product portfolio comprises of enterprise connectivity services and connectivity and distribution services.

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NewSpace India (NSIL)'s revenues were less than $1M in 2023. Caretta Research has split NewSpace India (NSIL)'s revenue into 2 different product categories, the largest of which is media and broadcast satellite connectivity. For full access to NewSpace India (NSIL)'s revenue breakdown subscribe to Caretta Portal.

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Feb

15th

2026

07:23

Partnerships and Alliances, B2B Tag

GalaxEye to partner with ISRO’s NewSpace India to sell its satellite imagery solutions

Space tech start-up GalaxEye has signed an agreement with NewSpace India Limited (NSIL), the commercial arm of the Indian Space Research Organisation (ISRO), for its satellite imagery solutions.

The Hindu BusinessLine

Feb

14th

2026

11:31

Partnerships and Alliances, Emerging Tech, B2B Tag

GalaxEye signs data reseller pact with NSIL for Earth observation products

has signed a data reseller partnership agreement with , becoming the first private Indian satellite operator to formally collaborate with the agency under such an arrangement. NSIL, the commercial arm of India’s Department of Space, will resell GalaxEye’s data products in domestic and international markets.

The Economic Times

Feb

14th

2026

11:09

Partnerships and Alliances, Emerging Tech, B2B Tag

NewSpace India Limited to resell Bengaluru-based space start-up's products

NewSpace India Limited (NSIL), the commercial arm of the Department of Space, will resell the products of Bengaluru-based private space technology company GalaxEye under an agreement signed by the two entities, officials said on Saturday. The products include advanced satellite imagery solutions, such as SyncFused OptoSAR data products, which are designed to deliver insights across critical sectors, including agriculture, disaster management, and natural resource management.

Feb

12th

2026

03:34

Funding Activities, Capital Investment, Artificial Intelligence, B2B Tag

IndiaAI Mission Reflects Broader Shift in AI and R&D Policy

India’s technology ambitions are no longer limited to policy announcements, they are now translating into capital flows, institutional reforms, and global positioning. At the center of this transformation is the IndiaAI Mission, a flagship initiative that is reshaping AI in India while influencing private sector investment and deep tech growth across multiple domains.

The Cyber Express

Feb

11th

2026

18:30

Inauguration of new NSIL office at GIFT City, Gandhinagar, Gujarat

NewSpace India Ltd. has inaugurated its new office in GIFT House, GIFT City, Gandhinagar in Gujarat on 12 Feb 2026. The office was inaugurated in the presence of senior officials of ISRO, GIFT City, and NSIL.

Feb

11th

2026

12:10

Procurement and Sales, B2B Tag

Avantel wins ₹122.58 cr antenna order from ISRO arm NewSpace India

Avantel Ltd, a firm specialising in advanced communication products, has received a purchase order worth ₹122.58 crore (excluding taxes) from NewSpace India Limited (NSIL) for the supply of S/X-band with Ka-band-ready full motion antennas. This full motion antenna will be capable of providing uninterrupted TTC/data reception support for low earth orbit satellites.

Business Standard

Feb

11th

2026

11:00

Avantel wins ₹123 crore deal from ISRO’s NSIL to supply full-motion antennas

ETTelecom Published On Feb 11, 2026 at 04:30 PM IST NEW DELHI: Avantel, a manufacturer of communications and satellite equipment, on Wednesday said it has won a ₹122.58 crore deal from NewSpace India Limited (NSIL) for supplying S & X-band full-motion antennas, with support for Ka-band.

Feb

9th

2026

18:30

Emerging Tech, B2B Tag

Technology Transfer Event at NSIL

Technology Transfer event was conducted at NSIL corporate office on 9 th February 2026 to formally handover the Technology Transfer Documents for HMC 30W DC - DC Convertor technology to M/s Rakon India Pvt Ltd. and 3D Printed AI-10Si-Mg alloy technology to M/s Pushpak Aerospace in the presence of URSC. These technologies will enable the industries to expand their product base, receive handholding support for ISRO-based technologies, and utilize them for commercial applications.

Feb

8th

2026

18:30

Emerging Tech, B2B Tag

NSIL Demonstrates GSAT-N2 High-Throughput Satellite Capability to Assam Government Officials

NSIL Demonstrates GSAT-N2 High-Throughput Satellite Capability to Assam Government Officials NSIL Demonstrates GSAT-N2 High-Throughput Satellite Capability to Assam Government Officials

Feb

1st

2026

10:59

Funding Activities, Capital Investment, B2B Tag

Union Budget 2026: Space department allocation up by around ₹290cr

By Dwaipayan Roy Feb 01, 2026 04:29 pm What's the story The Indian government's allocation for the Department of Space in the Union Budget for 2026-27 has been increased by ₹289 crore, or just over 2%.

Feb

1st

2026

08:37

Funding Activities, Capital Investment, Emerging Tech, B2B Tag

Union Budget 2026: push for technology, planetary science in space programme

The total budget allocation for the Department of Space has seen a marginal increase compared to 2026-2027 but a double-digit jump compared to actual revised spending.

Feb

1st

2026

08:08

Funding Activities, B2B Tag

Budget 2026: ISRO gets ₹13,705cr, NSIL allocated ₹1,403cr

Technology Feb 01, 2026 India's latest Union Budget has bumped up the space budget to ₹13,705 crore—a modest 2% increase from last year. Most of this goes toward rockets, satellites, ISRO projects, and human spaceflight plans.

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