IN-SPACe launches Technology Adoption Fund (TAF) to boost space sector startups

The Indian National Space Promotion and Authorization Centre (IN-SPACe) has launched the Technology Adoption Fund (TAF). The fund will offer financial support up to 60% of the project cost for startups and MSMEs (micro, small and medium enterprises), and 40% for larger industries, with a maximum funding cap of INR 25 crore per project.The fund is designed to help innovators bridge the gap between early-stage development and commercialization. It focuses on satellite technology, propulsion systems, and ground station infrastructure.