MoD Approaches Bengaluru Startup For Pseudo Satellite Deal

The ministry of defence has signed up a design and growth contract with a Bengaluru-based firm to develop a High Altitude Pseudo-Satellite (HAPS). The HAPS will conduct surveillance operations and support communications by staying airborne for months at a stretch. ''Huge step towards cutting edge aerospace development by startups," stated Defence Secretary. Notably, The estimated budget for the project is ₹700 crores and it will be a part of CATS.