Trilegal Advised Pixxel On INR 1,200 Crore+ EO-PPP Project With IN-SPACe To Build Indigenous Earth Observation Satellite Constellation
Trilegal advised Pixxel on INR 1,200 crore+ EO-PPP Project with IN-SPACe to build indigenous Earth Observation satellite constellation
The leading law firm in India, Trilegal advised consortium lead Pixxel on its winning bid to design, build, and operate India’s first fully indigenous commercial Earth Observation (EO) satellite constellation under the Public-Private Partnership (EO-PPP) model with the Indian Space Promotion and Authorization Center (IN-SPACe).
Pixxel is a deep-tech space company that specialises in the distribution of hyperspectral imagery and operates a constellation of six of the world’s highest resolution, commercial-grade hyperspectral earth observation satellites known as the 'Firefly' constellation.
The consortium, consisting of Pixxel and its industry peers, SatSure, PierSight, and Dhruva Space, will build a constellation of 12 earth observation satellites over the course of the next 5 years, at an estimated project cost of more than INR 1,200 crores / USD 130 million. The constellation will integrate high-resolution optical, multispectral, hyperspectral, and synthetic aperture radar (SAR) payloads, supported by a network of ground infrastructure, and provide satellite imagery, value-added services, and analytics, to its customers.
The consortium and IN-SPACe have now signed the agreement formalising the terms of the PPP project. The project represents a milestone in the development of an indigenous earth observation satellite constellation that can serve both private, as well Indian government and strategic, customers.
The Trilegal team advising on the matter was led by Abhishek Dubey (Partner), with support from Ishita Sinha (Senior Associate), Sagnik Sarkar (Associate) and Aditya Kaushik (Associate).
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