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Home > Press Release > NewSpace India Limited (NSIL) and M/s Dhruva Space Private Limited Entered into a Memorandum of Understanding Towards Collaboration in design, manufacture, Test and Supply of Solar Panels

NewSpace India Limited (NSIL) and M/s Dhruva Space Private Limited Entered into a Memorandum of Understanding Towards Collaboration in design, manufacture, Test and Supply of Solar Panels

CMD, NSIL remarked that the timing of this MoU is critical, as the solar industry is entering into "restructuring phase" in 2026 and the demand for the Solar Panels for satellites are on the rise. The CEO of Dhruva Space highlighted that this collaboration enables the company to leverage ISRO/NSIL’s program management and product assurance expertise to scale manufacturing of space-grade solar panel

Published By: Ishika Rawat
Published: April 1, 2026 16:44:00 IST

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 New Space India Limited (NSIL), a CPSE under Department of Space, involved in End-to-End space business activities and M/s Dhruva Space Private Limited (DHRUVA), an Indian private aerospace company, based out of Hyderabad, involved in multiple space related activities, have signed a Memorandum of Understanding (MoU) to facilitate Collaboration towards design, manufacture, test and supply of solar panels, in line with their pursuit to meet solar panel requirements of global Satellite OEMs. 

 CMD, NSIL remarked that the timing of this MoU is critical, as the solar industry is entering into “restructuring phase” in 2026 and the demand for the Solar Panels for satellites are on the rise. The CEO of Dhruva Space highlighted that this collaboration enables the company to leverage ISRO/NSIL’s program management and product assurance expertise to scale manufacturing of space-grade solar panels. He added that Dhruva has an ongoing engagement with NSIL across Earth observation missions, satellite deployers, and ground segment development, and has already supplied Space-grade solar arrays to the Government of India, New Space companies and global Space agencies.

About NSIL:

 NSIL, the commercial arm of ISRO, is a Central Public Sector Enterprise (CPSE) under the Department of Space, and involved in end-to-end space business activities. NSIL’s Vision i to excel in providing space-related products and services emanating from the Indian Space Programme to global customers and to further spur the growth of Indian Industry in undertaking technologically challenging space-related activities. NSIL’s Mission is to enable a vibrant space eco-system in India by providing an infrastructure for development of space-basedproducts and services. NSIL is pioneering realization of ISRO’s Launch vehicles through Indian Industry consortium; building earth observation and communication satellites and providing space based customized solutions for various government & private users towards a sustainable space economy in the country. For more information, please visit https://www.nsilindia.co.in

About Dhruva:

Dhruva Space, founded in 2012, is a Full-Stack Space Engineering Solutions provider based in Hyderabad, India, and in Graz, Austria. The company is active across Space, Launch, and Ground segments and supports civilian and defense clients worldwide. Dhruva Space offers Satellite/s teamed with Earth Station(s) and Launch Services as an integrated solution or individually as technology solutions to power space-based applications on Earth and beyond.

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