BENGALURU, India (ISRO PR) — Department of Space has today (3rd Dec. 2020) entered into a Non Disclosure Agreement (NDA) with M/s 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.
Under the NDA, the company will be enabled for accessing the facilities and technical expertise available in ISRO centers to proceed with their launch vehicle development program.
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.
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.
Dr K Sivan along with ISRO Centre Directors; Shri S Somanath, Director, VSSC, Dr V Narayanan, Director, LPSC, Shri Sam Dayala Dev, Director, IISU and Shri K Alagavelu, Director, IPRC assured all support to M/s Agnikul for testing and qualifying their launch vehicle.
The event ended with the wishes from the ISRO team to Agnikul for a grand success in their Space endeavor.