Finance Minister Nirmala Sitharaman lauds spacetech startup's flight-proven satellite battery

Updated On: 31 July, 2026 01:29 PM IST | New Delhi | IANS

This follows the successful deployment of the PowerBank-50 aboard Skyroot Aerospace's Vikram-1 rocket during its maiden mission, 'Aagaman', launched on July 18

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Nirmala Sitharaman. File Pic

Union Finance Minister Nirmala Sitharaman on Friday hailed Hyderabad-based space startup TakeMe2Space after its 'PowerBank-50' became India's first indigenously developed satellite battery to earn the coveted flight heritage status.

Reacting to the milestone on social media platform X, FM Sitharaman wrote, "Brilliant! Until now, Indian satellite builders mostly had to import this critical component at high cost and long waiting times."