Dhruva Space
Dhruva Space Private Limited is an Indian private aerospace manufacturer headquartered in Hyderabad, India. The company is engaged in the development of small satellites in the commercial, governmental and academic markets. In 2014, Dhruva Space signed a deal with AMSAT India to develop HAMSAT-2. In December 2019, Dhruva Space raised ₹5 crore in funding led by Mumbai Angels Network. On November 20, 2020, Dhruva Space entered into an MoU with Skyroot Aerospace, an Indian private satellite launch services provider. In May 2020, Dhruva Space entered into an MoU with Florida-based Sidus Space, to collaborate and catalyse  the design, development, and commercialisation of new innovative space technologies and services. In October 2021, Dhruva Space raised ₹22 crore in funding led by Indian Angel Network (IAN) Fund and Blue Ashva Capital. On March 16, 2022, Dhruva Space signed a commercial launch services agreement (LSA) with NewSpace India Limited for an in-orbit test of its Dhruva Space Orbit Deployers. These are likely to be used on-board the PSLV and the SSLV. = Accolades = In October 2020, Dhruva Space was recognised with a National Startup Award by the Government of India for its efforts in Satellite  and Space Technology. On March 17, 2022, Dhruva Space won the Qualcomm Design for India Challenge 2021 for their Qualcomm-based Module on Ground, a switchable connectivity device that enables uninterrupted connection through cellular (5G) communication and satellite communication. The win includes a ₹65 lakh prize as well as patent-filing incentives, accelerator services, Government interactions, participation at industry events, dedicated engineering support and access to the Qualcomm Innovation Lab. In April 2022, Dhruva Space was featured in Fortune India magazine's 40 Under 40 annual list.