A satellite for only Rs 10 crore, with a little help from Elon Musk and ISRO

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A satellite for only Rs 10 crore, with a little help from Elon Musk and ISR
Satellize draws attention to how what was once being achieved through large

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In December 2018, Mumbai-based Exseed Space created nothing short of history by being the first private commercial organisation in the country to launch a satellite in space via Elon Musk-led SpaceX The company, now rechristened Satellize, did what was considered unthinkable at one time – slashing down the cost of building a satellite.
“These make them radically affordable both for the private and public sectors,” says Mahesh Murthy, Founder & Director, Satellize.The company has an interesting story behind how it all started.
ISRO is a world leader in launching them with a market share of over 30%.The founders draw attention to how what was once being achieved through large satellites at phenomenally high costs can today be made possible via nanosatellites.
“We have partners within and outside the group who help us offer customers the entire solution from one single source – from payload manufacturing, satellite assembly and rocket launches, to ground station coverage, data analysis and insight sharing,” he highlights.The opportunity for India is waiting to be tapped and a space strategy can be a gamechanger for both government and private companies, feels Murthy.
Satellize is currently working with several state governments and central bodies to help re-shape their approach to solutions by using new space technology.Murthy is of the firm belief that India needs to up the quantum of its nanosatellites to make a qualitative difference.
“We even had spies from Indian intelligence agencies vetting us before ISRO gave us a go ahead,” adds Murthy.They tried for over a year where they had to solve a wide range of issues from insurance and liability to clearance for spectrum and ensuring the payloads worked before finally being cleared to launch on SpaceX.
“This was a blessing in disguise because knowing that we had successfully launched on SpaceX then helped ISRO to understand our capabilities and welcome us as a partner and customer in India,” he gushes

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