{"id":173958,"date":"2015-01-12T21:51:41","date_gmt":"2015-01-13T02:51:41","guid":{"rendered":"http:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/uncategorized\/dhruvas-big-leap-opens-private-sector-to-space.php"},"modified":"2015-01-12T21:51:41","modified_gmt":"2015-01-13T02:51:41","slug":"dhruvas-big-leap-opens-private-sector-to-space","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/nano-engineering\/dhruvas-big-leap-opens-private-sector-to-space.php","title":{"rendered":"Dhruva&#39;s big leap opens private sector to space"},"content":{"rendered":"<p><p>    Growing up, Sanjay Srikanth Nekkanti had wanted to be a pilot.    But while studying for his bachelors degree in engineering in    SRM University in Chennai, he was selected to be part of the    team that built the first student nano satellite project in India. Thats when I got    interested in the space domain, says Nekkanti, the 25-year-old    CEO of Indias first private company to manufacture satellites,    Dhruva Space. While building the satellite, the company did a    comparison between the cost of solutions in India and abroad,    and realised that while it could build its satellite for    Rs 5 lakh, it would have cost Rs 30 lakh in Europe. That    planted the seed for the Bengaluru-headquartered start-up that is currently making two satellites,    one a communication satellite for a client and the other an    experimental satellite with multiple payloads, which are likely    to be launched late this year or early next year.  <\/p>\n<p>    In line with Prime Minister Narendra Modis Make In India    campaign, Dhruva    Space is also collaborating with a foreign company to    formulate a proposal to set up a satellite manufacturing    facility in India and hopes to make a formal proposal to the    government by the end of February.  <\/p>\n<p>    Although Nekkanti and his team had built a satellite    successfully in college, he couldnt immediately launch his    venture. Back then, I was just an undergraduate and it was    unlikely that I would have been taken seriously, he says. He    also needed a team to work with and nobody was willing to take    the risk of launching a start-up to manufacture satellites at    that point, so he decided to go to Europe to do his    Masters. It was while doing his Masters in space science    and technology as part of the multi-university Erasmus Mundus    programme that he met Dhruva Space co-founder Narayan Prasad, a    mechanical engineer.  <\/p>\n<p>    On a shoestring budget    Like Indias Mars mission, which won global accolades for    keeping costs low, Dhruva Space also follows the model of    frugal innovation, starting from keeping the office as lean as    possible. To use a colloquial term, we use a lot of jugaad,    says Raju. This includes using a lot of 3D printing, replacing    space grade components with commercial grade components that    cost one-tenth after extensive testing, and reusing and    re-engineering components wherever possible.   <\/p>\n<p>    Their company is also the only small satellite manufacturer    that is completely bootstrapped, adds Raju, laughing. We are    trying to prove our hypothesis that space need not be    expensive, and a lot of frugal innovation is possible.    Nekkanti adds that when they had approached investors    initially, they were told that it was a completely new domain    and were asked a lot of questions to which they did not have    answers back then. But they still wanted to go ahead, so they    used the savings they had from working abroad. Now, having    managed to get a client in the first two years of operations,    they can finance operations through revenues, rather than their    own pockets.  <\/p>\n<p>    Apart from satellites, the company has also pioneered a    high-altitude ballooning platform, which is currently being    used by the Indian Institute of Astrophysics for experiments    and observation. The platform can go up to an altitude of 40    kilometres which is close to the edge of the stratosphere. (To    put this in perspective, commercial flights usually fly at an    altitude of 10-11 kilometres.) Dhruva is also keen on planning    to build the countrys first indigenous automatic    identification systems to track ships on the high seas.  <\/p>\n<p>    The company does not view itself as a rival to ISRO, says Raju.    ISRO satellites have a much longer life expectancy of around    eight years, while ours will be around three years. And their    clientele will be different. We share a lot of information with    them from time to time, and they are our mentors in a very    informal way, he says.  <\/p>\n<p>    Asked when the company would break even or generate profit,    Nekkanti admitted that this was a tough question. Our aim is    to have a constellation of satellites in orbit and we have    taken a very small step towards this big vision, he says. The    companys ultimate goal is to be able to provide real-time data    through its network of satellites, whether it is monitoring a    natural disaster or crop patterns, which is where the bulk of    the revenue would come from.  <\/p>\n<p>    The biggest challenge to the company is policy, or rather the    lack of one, geared towards the private space industry, since    it has so far been dominated by ISRO. We need to convince the    government to create policies to include smaller companies like    us and integrate us into the ecosystem, says Raju. Dhruva also    expects more such start-ups to come into being, provided    policies are changed accordingly.  <\/p>\n<p>    In the long term, Dhruva Space also wants to spin off its    outreach arm into a separate university, which would design a    curriculum for advanced courses, and also create manpower for    the industry, which is currently a challenge. We are in this    for the long run, Raju adds.  <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>Visit link: <\/p>\n<p><a target=\"_blank\" href=\"http:\/\/www.business-standard.com\/article\/companies\/dhruva-s-big-leap-opens-private-sector-to-space-115011100794_1.html\/RK=0\/RS=ezU9WksStPuLKvXa74mjqFpkDG8-\" title=\"Dhruva&#39;s big leap opens private sector to space\">Dhruva&#39;s big leap opens private sector to space<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> Growing up, Sanjay Srikanth Nekkanti had wanted to be a pilot.  <a href=\"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/nano-engineering\/dhruvas-big-leap-opens-private-sector-to-space.php\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[8],"tags":[],"class_list":["post-173958","post","type-post","status-publish","format-standard","hentry","category-nano-engineering"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/173958"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=173958"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/173958\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=173958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=173958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=173958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}