India's SpaceX? Such a big achievement.

Actually, watching this at work live. We’ve done it finally. Moments like these, you realise that we may suffer setbacks and failures but it’s our tenacity to get back up and fight our way to the top. Especially, after the failure of the last mission, it’s proud to say that our Scientists did the best to learn from the mistakes and made the best out of it. We are now part of an exclusive club, the #1 country to get to the Lunar South Pole and the #4 country to actually land on the moon(after US, Russia and China)

Budget 2024 scrapped the angel tax for all investors, creating the ultimate playground for innovation and entrepreneurship in India.

- India's space program, led by **ISRO**, has generated an additional **$2.54** for every dollar invested, according to a report released on **August 23**. - The study, conducted by **Econ One** and **Euroconsult**, highlights the economic and social benefits of India's space activities. - Over the last decade, the space sector has contributed **$60 billion** to the GDP and supported **4.7 million jobs**. - The report also notes challenges like regulatory issues and financing, but expects improvements with greater collaboration and public-private partnerships. - Future recommendations include enhancing competitiveness, embracing global opportunities, and fostering an inclusive space program. Source: [Moneycontrol](https://www.moneycontrol.com/news/business/economy/for-every-dollar-indias-space-sector-has-given-back-2-54-to-the-economy-report-12805458.html)

- Pixxel, a Bengaluru-based space tech startup, has secured a major deal with NASA, marking the first such achievement by an Indian company since the sector opened to private firms in 2020. - The contract, part of NASA's $476-million commercial smallsat data acquisition program, will run through November 2028. - Pixxel will provide hyperspectral earth observation data to NASA, aiding in climate change, agriculture, biodiversity, and resource management research. - CEO Awais Ahmed hailed the contract as a monumental achievement, emphasizing the importance of hyperspectral imaging for future earth observation. - Pixxel plans to launch its highest-resolution hyperspectral satellites soon, expanding its constellation to 24 satellites for broader commercial availability. Source: [Inc42](https://inc42.com/buzz/pixxel-bags-nasa-contract-to-offer-hyperspectral-earth-observation-data/)