Spacetech startup VestaSpace to deploy 35 satellites by 2021
- Pune-based spacetech startup VestaSpace Technology is looking to launch more than 35 satellites by 2021. The startup is planning to facilitate pan-India 5G service and start launching satellites from September. It is also in talks with DoT for spectrum in 28 GHz band. The company is looking to position eight ground stations and 31K data receptors all over India.
- In March 2020, the company deployed its first CubeSat with a payload of 10 kg and successfully deployed two satellites into orbit.
- The development has come after the company raised $10 million in fresh funding from Next Capital.
- Startup is also said to be working on various strategic projects in collaboration with ISRO, NASA, among other prestigious space agencies.
- The company is looking to initially launch its operations in India but have plans to expand globally.
- While 5G cellular networks are becoming common in Western markets as well as in China, South Korea and other parts of Asia, India’s 5G efforts have not even begun, majorly due to delay in spectrum auction.
- Recently, on May 12, COAI requested the government to constitute a committee with representation from industry stakeholders to review the National Frequency Allocation Plan (NFAP) for the incorporation of new telecom frequency bands for commercial uses.
- Till now, DoT is yet to take steps to form study groups and review the 2018 version of NFAP to include more bands including mmWave frequencies as a part of 5G roadmap.
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