Bengaluru, Navratna defense PSU Bharat Electronics Limited (BEL) on Thursday signed an agreement with Reliasat Inc. for cooperation in the field of space products. Signed a teaming agreement with Canada, officials said.
He said the objective of the agreement is to leverage the capabilities of BEL and Reliasat in the field of space.
"This is a significant step that will enable BEL to enter the space sector and strengthen its existing portfolio in line with the 'Atmanirbhar Bharat' and 'Make-in-India' initiatives of the Government of India, BEL said in a statement. "
BEL, a Navratna PSU under the Ministry of Defence, Government of India, enjoys leadership position in the defence/strategic electronics market in India and on the other hand, Reliasat develops space-based smart satellites and deep space solutions, thereby enabling internet May go. It includes space with high capacity connectivity.
He said the objective of the agreement is to leverage the capabilities of BEL and Reliasat in the field of space.
"This is a significant step that will enable BEL to enter the space sector and strengthen its existing portfolio in line with the 'Atmanirbhar Bharat' and 'Make-in-India' initiatives of the Government of India, BEL said in a statement. "
BEL, a Navratna PSU under the Ministry of Defence, Government of India, enjoys leadership position in the defence/strategic electronics market in India and on the other hand, Reliasat develops space-based smart satellites and deep space solutions, thereby enabling internet May go. It includes space with high capacity connectivity.