Technology · 6 Nov
Hyderabad startup opens India’s first private space debris recovery facility
AI summaryHyderabad-based startup Cosmoserve Space opened India's first private space debris recovery facility, Base 1, which was inaugurated by Union Minister of State for Science & Technology and Space Dr. Jitendra Singh and Telangana IT and Industries Minister D. Sridhar Babu. The facility will focus on satellite servicing, in-orbit repairs, and debris removal, aiming to reduce servicing costs significantly. The startup has raised over $9 million in total funding and plans to demonstrate its robotic capture systems by 2027.
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