Indian Space Association Recognizes Industry Leaders with ISpA Industry Awards 2025 at India International Space Conclave

New Delhi, : The Indian Space Association (ISpA) awarded the winners of the ISpA Industry Awards 2025, at the 4th India International Space Conclave (IISC 2025) in New Delhi, celebrating innovation, excellence and leadership across the Indian space ecosystem. Recognising outstanding accomplishments by companies and individuals, these awards highlight achievements in Earth observation, geospatial intelligence, space sustainability, satellite communications, manufacturing, AI for defence and academic excellence.

Also, in its efforts to bring awareness on the topical industry subjects, ISpA launched key publications at the conclave:

·       Enabling the New Space Economy: ISAM as a Pillar of Orbital Sustainability” authored by ISpA and IIFCL Projects Ltd.

·       Valuation and Fundraising in Aerospace Startups: TRL vs. MRL — India’s Road to Space Industrialization” joint publication, authored by Dr. Ravinder Pal Singh and published by ISpA.

·       India DefSpace Symposium 2025 Technical Report” jointly developed by ISpA and Amity University

·       ISpA–SatSure Joint Paper on “India’s Sovereign AgriStack: Powering the Future of Agriculture from Farmers to the Cloud”

These publications demonstrate ISpA’s active contribution to the academic and sectoral knowledge base, helping build India’s thought leadership and strategic discourse in the space sector.

Key highlights of the publications released at the conclave:

• Enabling the New Space Economy: ISAM as a Pillar of Orbital Sustainability: Co-authored by the Indian Space Association (ISpA) and IIFCL Projects Ltd, this landmark report establishes In-Space Servicing, Assembly and Manufacturing (ISAM) as a critical foundation for a sustainable and future-ready space economy. The publication presents a comprehensive blueprint for leveraging ISAM to extend satellite lifetimes, reduce orbital debris, and unlock new in-orbit business models. It analyses global best practices, emerging technologies, PPP structures, and innovative financing mechanisms essential to building a resilient and commercially viable space ecosystem.

Drawing on international case studies, including NASA’s Hubble servicing missions and Northrop Grumman’s MEV life-extension program, the report highlights how ISAM is reshaping operational capabilities worldwide. With clear policy pathways and strategic recommendations, the report positions India to emerge as a global leader in orbital sustainability, operational resilience, and collaborative space innovation. The publication was supported by OrbitAID Aerospace and the UK Space Agency, whose contributions provided valuable insights into global industry and agency efforts driving advancements in space sustainability.

• Valuation and Fundraising in Aerospace Startups: TRL vs. MRL – India’s Road to Space Industrialization: This joint publication, authored by Dr. Ravinder Pal Singh and published by the Indian Space Association (ISpA).

The book provides aerospace startups, investors, and policymakers with a rigorous analytical and narrative guide to understanding Technology Readiness Levels (TRLs) and Manufacturing Readiness Levels (MRLs). It introduces a unified framework to benchmark innovation, de-risk investment, and streamline industry development.

By explaining how TRL/MRL frameworks intersect with funding cycles, supply-chain alignment, and industrial scalability, the book highlights readiness—both technological and manufacturing, as the cornerstone of India’s future industrial leadership. It underscores how readiness metrics will shape startup growth, investment evaluation, and integration with national and global space supply chains, ultimately enabling India’s accelerated path toward space industrialisation and the orbital economy.

• ISpA–SatSure Joint Paper on Agristack Solutions: The ISpA–SatSure Joint Paper, ‘India’s Sovereign AgriStack: Powering the Future of Agriculture from Farmers to the Cloud’, details digital public infrastructure strategies enabling sovereignty, inclusiveness and farmer-led innovation in the agricultural sector—demonstrating how geospatial intelligence and sectoral collaboration can rewrite the future of Indian agriculture.

• India DefSpace Symposium 2025 Technical Report: The Technical Report of the Indian DefSpace Symposium 2025 (jointly developed by ISpA and Amity University) synthesises proceedings and sectoral takeaways from India’s landmark defence-space policy forum, providing in-depth insight and actionable policy guidance.

Lt. Gen. AK Bhatt (Retd), Director General, ISpA said, “India’s space sector stands at a historic crossroads where innovation, collaboration and strategic foresight will define our global leadership trajectory. Through initiatives like the ISpA Industry Awards and the release of key academic and sectoral publications, we are fostering a culture of excellence and readiness that bridges technology, manufacturing and policy. The awards also recognized several companies for their critical contributions during the recent Operation Sindoor conducted by the Indian defence forces, highlighting the pivotal role of indigenous space technologies and services in supporting national security and defence operations. Our commitment to building a cohesive ecosystem is reflected in the bright talent and visionary organizations recognized today, who are shaping India’s journey from aspiration to acceleration.”