Published 08:00 IST, October 8th 2020

National Startup Award 2020: Hyderabad-based Dhruva Space bags 1st prize in space category

Hyderabad-based startup Dhruva Space has won the National Startup Awards 2020 in the space category. The space technology company was founded in 2012

Reported by: Gloria Methri
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Hyderab-based startup Dhruva has won National Startup Awards 2020 in category. techlogy company was founded in 2012. Dhruva is first private tech company in India.

National Startup Awards is an initiative of Central government under its 'Startup India' programme which seeks to recognize and reward outstanding startup companies that are building invative products, solutions or scalable enterprises, which have a great potential to generate employment, create wealth and have a measurable social impact. Winning companies are granted a cash prize of Rs 5 lakh.

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Some of products designed by Dhruva are at an vance st of being flight-qualified and will be flown in orbit by next year, said Abhay Egoor, Co-founder of company

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"We are happy that Dhruva has been recognised as winner at National Startups awards under category. We are a company with around 20 members who work on all three segments namely ground, launch and segment. We are w working with multiple partners across globe and India," said Abhay

"One product that we are working on right w is a 'Cube SAT deployers' which eject satellites into orbits once y reach into ," he ded.

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Clients include government and private firms

Abhay said that Dhruva works with a range of clients including government organisations like ISRO (Indian Research Organization) and or strategic users who use applications for defence purpose.

He said, "We also work for private organisations who want to use applications for ir business purposes and we are even open to educational institutes for ir research. With support and appreciation given by government of India, Dhruva is planning to take ir technical assistance across globe."

National Startup Awards 2020 was anunced on Tuesday.

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(With inputs from ncy)

(Im credits: Dhruva )

08:00 IST, October 8th 2020