Nibe Space Receives IN-SPACe registration for EO Data Dissemination

Nibe Limited is pleased to announce that as a significant milestone in its journey, Nibe Space Private Limited (Subsidiary of the Company) gets the approval for registration with IN-SPACe for operations as a 'Data Disseminator' for the dissemination of Earth Observation (EO) data pertaining to Indian Territory with a Ground Sampling Distance (GSD) greater than 30 cm.

This registration marks a crucial step for Nibe Space to contribute in India's growing space ecosystem by facilitating the controlled and compliant distribution of EO data. With this registration, Nibe Space is now officially recognized under IN-SPACe's regulatory framework, ensuring adherence to national guidelines and policies for space-based data dissemination.

The signing ceremony was held on April 08, 2025 in the presence of Mr. Dnyaneshwar Nibe, Director Nibe Space Private Limited, and Mr. PK Jain, Director, PMA, IN-SPACe, representing IN-SPACe, the nodal agency of the Government of India responsible for regulating space activities and granting authorizations.

Commenting on this achievement, Mr. Dnyaneshwar Nibe stated, "This authorization from IN-SPACe reinforces our commitment to advancing space-based data services in India. We are dedicated to leveraging EO data for various applications while ensuring full compliance with regulatory standards."

He Further commented that Nibe Space remains committed to supporting national and global initiatives by providing high-quality EO data, fostering innovation, and enhancing the accessibility of geospatial intelligence.

Shares of NIBE Ltd was last trading in BSE at Rs. 1215.20 as compared to the previous close of Rs. 1157.35. The total number of shares traded during the day was 403 in over 28 trades.

The stock hit an intraday high of Rs. 1215.20 and intraday low of 1215.20. The net turnover during the day was Rs. 489725.00.

Source : Equity Bulls

Keywords

NIBE INE149O01018 NibeSpace Registration Approval INSPACe DataDisseminator