Pravartak Technologies Foundation, a technology innovation hub from the Indian Institute of Technology (IIT) Madras has formed a consortium to collaborate with five startups to promote and commercialise space technologies, including those needed for fast launch capabilities, satellite design, and future generation communication like 6G. This consortium will develop next-generation technologies and will be called I-STAC.DB (Indian Space Technologies and Applications Design Bureau).

IIT Madras Pravartak Technologies Foundation, funded by the department of science and technology, and five startups — Dron Vayu Private Limited, Agnikul Cosmos Private Limited, GalaxEye Space Solutions Private Limited, Mindgrove Technologies Private Limited and Resileo Labs LLP are the founding members of the consortium.

The consortium is developing an end-to-end ecosystem for next-generation space technologies, including rapid launch capability, satellite design and assembly, sensors, future-generation communication, security of satellites, ground stations, data processing, and assimilation for communications and geospatial applications.