With this first satellite supply contract, NIBE aims to launch its first high-resolution optical satellite by 2025

Cannes, February 6th, 2025 – Thales Alenia Space, the joint venture between Thales (67%) and Leonardo (33%), has signed a contract with NIBE Space (a subsidiary of NIBE Limited) concerning the supply of a high-resolution optical satellite, marking the first step in NIBE’s Earth Observation constellation project. This initial contract aims to establish the first operational Earth observation’s capabilities for NIBE in India by 2025. This achievement reinforces the partnership initiated in 2024 between Thales Alenia Space and NIBE, for the deployment of India’s first private Earth Observation constellation.

The contract was signed today in Pune during a ceremony graced by the presence of Honorable Chief Minister of Maharashtra Shri Devendra Fadnavis. BlackSky also signed a service agreement for subscription- based imagery and analytics to deliver space-based monitoring services supporting NIBE’s various Indian customers.

“I am extremely pleased that Thales Alenia Space will contribute to developing sovereign Earth Observation capabilities in India,” said Hervé Derrey, CEO of Thales Alenia Space. “Supporting the deployment of India’s first private Earth observation constellation means a lot to our company as this is Thales Alenia Space’s first cooperation on an Indian space program. I would like to thank NIBE for putting its trust in our company. We look forward to making available our long-standing expertise and industrial capabilities in optical and radar sensors and start a promising Space cooperation with India.”

“We are proud to see our partnership with Thales Alenia Space take another concrete step forward with the signing of the contract for a high-resolution optical satellite. This is part of our larger national endeavor, aligned with the Atmanirbhar Bharat vision, to bolster India’s position as a leader in space technology and applications,” said Ganesh Nibe, Chairman & Managing Director of NIBE Limited. “With Thales Alenia Space’s vast global expertise and experience, we look forward to taking India’s space capabilities to newer heights.”

About NIBE Limited:

Established in 2021 under the leadership of Mr. Ganesh Ramesh Nibe, the company and its subsidiaries specialise in manufacturing a wide spectrum of Critical Components catering to the Defence industry such as fabrication of structures and sub-assemblies for programmes such as Modular Bridge, Rudder blade assembly, Pinaka launcher and MRSAM launcher for tri-services of Indian defence, to components of Electronic systems, Small arms (such as assault rifles and LMGs), and Space projects for domestic as well as international applications. NIBE Limited along with its subsidiaries is committed towards continuously refining and adapting its approach, positioning itself as a leader in the defence industry. Moreover, in alignment with the vision of Atmanirbhar Bharat, NIBE Limited extends its commitment to fostering self-reliance in the defence sector.

Source : NIBE Limited