Bengaluru: Department of Space on Thursday entered into a Non-Disclosure Agreement (NDA) with Agnikul Cosmos Pvt. Ltd, a Chennai based start-up company located in the National Centre for combustion R&D, IITM, Chennai building private small satellite launch vehicle.
The agreement is the first one of its kind, the Department has signed after the establishment of IN-SPACe, the authorization and regulatory body under DOS for enabling private players to undertake space activities in India. Under the NDA, the company will be enabled for accessing the facilities and technical expertise available in ISRO centres to proceed with its launch vehicle development program.
The NDA was signed in the presence of Dr K Sivan, Secretary, DOS/ Chairman, ISRO, and Prof. Bhaskar Ramamurthi, Director, IIT Madras. Shri R Umamaheswaran, Scientific Secretary, ISRO, was the signatory on behalf of Department of Space for the NDA with M/S Agnikul Cosmos Pvt Ltd. Shri Srinath Ravichandran, CEO, Aginukul signed the NDA on behalf of the company.