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On Monday, the cabinet amended the FDI rules for the space sector, allowing 74% FDI under the automatic route for satellite manufacturing/operations and satellite data products. It also allowed up to 49% FDI under the automatic route for satellite launch vehicles and up to 100% FDI under automatic route for manufacturing of satellite sector components and sub-systems. ....
Space Sector Startups: On Monday, the cabinet amended the FDI rules for the space sector, allowing 74% FDI under the automatic route for satellite manufacturing/operations and satellite data products. It also allowed up to 49% FDI under the automatic route for satellite launch vehicles and up to 100% FDI under automatic route for manufacturing of satellite sector components and sub-systems. ....
Spacetech startup Pixxel appoints William McCombe as new CFO. McCombe previously held the position of CFO at Velo3D and has experience in space and technology hardware companies like Maxar. As Pixxel s CFO, McCombe will oversee accounting, financial planning, capital raising, and more. ....