Antrix

What Antrix does

Antrix Corporation Limited is a wholly-owned Government of India public limited company incorporated on 28 September 1992 under the Companies Act, 1956, operating under the administrative control of the Department of Space (DOS). The company functions as the exclusive commercial marketing arm of the Indian Space Research Organisation (ISRO), monetizing India's space infrastructure across a portfolio of six core service lines: satellite communications (SATCOM), launch services, remote sensing data, spacecraft and subsystems manufacturing, mission support, and ground infrastructure. Antrix also markets NavIC, India's regional satellite navigation system, providing position, velocity, and timing services. The company is ISO 9001:2015 certified and headquartered in Bangalore at the Antariksh Bhavan Campus.

Antrix's commercial catalog is built on ISRO's proven space hardware stack: the PSLV (Polar Satellite Launch Vehicle) workhorse with 42 successful missions by December 2018 and a record-setting 104-satellite single-mission launch in September 2016, the GSLV Mk-III heavy-lift launch vehicle capable of 4t-class GTO and 10t-class LEO payloads, the SSLV small satellite launch vehicle targeting commercial smallsat markets, the IRS (Indian Remote Sensing) satellite constellation, and ISRO's ground station and TTC (Tracking, Telemetry, and Command) infrastructure at Satish Dhawan Space Centre. As of March 2019, Antrix had successfully placed 297 satellites in orbit for customers from 33 countries.

The revenue model spans one-time launch contracts and satellite deliveries, recurring SATCOM capacity subscriptions, subscription-based remote sensing data services, and professional services for mission support and ground infrastructure deployment. Distribution is direct-to-customer via business development personnel and government-to-government channels, with pricing negotiated on a contract basis rather than publicly disclosed. The Indian government mandates that DTH operators procure satellite capacity exclusively through Antrix, creating a regulated domestic franchise. The company currently faces significant legal exposure from the Antrix-Devas S-band dispute, with a $111 million ICC arbitration award upheld by the Netherlands Supreme Court in March 2026.

Name

Antrix

Legal name

Antrix Corporation Limited

Website

https://antrix.co.in

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

11–50 employees

Short description

Antrix Corporation Limited is the commercial arm of ISRO, offering launch services, satellite communications, remote sensing data, spacecraft manufacturing, mission support, and ground infrastructure to international satellite operators, government agencies, and DTH providers across 33 countries.

Ownership category

akta.pro rank

Product category

Space Launch and Satellite Services

NAICS

Satellite Telecommunications (5174), Other Guided Missile and Space Vehicle Parts and Auxiliary Equipment Manufacturing (336419)

SIC

Guided Missiles & Space Vehicles & Parts (3760), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Satellite Network Operations & Capacity Services (NOC, Capacity Leasing, Managed Payload Services) (HDAIAJAI)

Keywords

• Satellite launch services
• Satellite communications
• Remote sensing data
• Spacecraft manufacturing
• Ground station infrastructure

Headquarters

HQ city

Bangalore

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Technology or R&D, Personnel, Operations, Supply Chain

Revenue model

1. Launch Services: Commercial launch services for customer satellites aboard ISRO's PSLV, GSLV, and GSLV Mk-III vehicles. Includes ride sharing and dedicated missions with comprehensive launch solutions supplemented by flight-proven payload separation systems and adaptors developed in-house.
2. SATCOM Services: Satellite communications services providing space segment capacity to service providers.
3. Remote Sensing Data and Services: Data from the constellation of Indian Remote Sensing (IRS) satellites for various applications.
4. Spacecraft and Subsystems Services: Capability to configure, build, and deliver satellites and satellite sub-systems for customers.
5. Mission Support Services: Support services leveraging ISRO's experience of over 70 satellite missions and 40 launches.
6. Ground Infrastructure Services: Design, engineering, procurement, installation, commissioning and maintenance of satellite earth stations and support systems.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Antrix Corporation Limited, the commercial arm of ISRO, provides satellite communications services (SATCOM), commercial launch services using ISRO's PSLV, GSLV, GSLV Mk-III, and SSLV vehicles, remote sensing data from the Indian Remote Sensing (IRS) satellite constellation, spacecraft and subsystem manufacturing, mission support services, ground infrastructure for satellite earth stations, and NavIC regional navigation services to global satellite operators, government agencies, and commercial customers.

Product overview

Antrix Corporation Limited is the commercial arm of ISRO (Indian Space Research Organisation), offering a comprehensive portfolio of space-related products and services. The company's offerings include SATCOM Services for satellite communications, Launch Services using ISRO's fleet of PSLV, GSLV, and GSLV Mk-III vehicles, Remote Sensing Data from IRS satellites, Spacecraft and Subsystems building capabilities, Mission Support Services, Ground Infrastructure solutions for earth stations, and NavIC regional navigation services. The portfolio is organized around space-based solutions ranging from launch capabilities to data services and satellite manufacturing, serving international customers across 33 countries with a track record of 297 satellites launched as of March 2019.

Differentiator

Problem solved

Functional benefit

Products and services

• SATCOM Services Satellite communications services enabling service providers with necessary space segment capacity for broadcasting, broadband, and other communication applications.
• Launch Services Launch services for customer satellites using ISRO's launch vehicle fleet including PSLV, GSLV, and GSLV Mk-III, with track record of 297 satellites for customers from 33 countries as of March 2019.
• Remote Sensing Data and Services Data from the constellation of Indian Remote Sensing (IRS) satellites for earth observation applications including agriculture, forestry, geology, water resources, and cartography.
• Spacecraft and Subsystems Services Capability to configure, build, and deliver satellites and satellite sub-systems for various space-based applications and missions.
• Mission Support Services Comprehensive mission support leveraging ISRO's experience of over 70 satellite missions and 40 launches, including mission planning, operations, and technical support.
• Ground Infrastructure for Space Based Needs Turnkey end-to-end solutions for designing, engineering, procurement, installation, commissioning, and maintenance of satellite earth stations and TTC stations with associated support systems.
• NavIC Services Navigation services using India's regional navigation satellite system providing position, velocity, and timing services for the Indian region.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• ISRO (Indian Space Research Organisation)coreStrategic or Co-development PartnerAntrix is the commercial arm and primary marketing organization for ISRO. All services leverage ISRO's launch vehicles (PSLV, GSLV, GSLV Mk-III), satellite systems, and infrastructure. Antrix markets ISRO's space capabilities to domestic and international customers.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Arianespace: European commercial launch service provider offering rideshare and dedicated missions on Ariane, Vega, and Soyuz vehicles. Most direct comparable to Antrix given similar full-service launch brokerage model serving international satellite operators and governments.
• Rocket Lab: Specialized small-satellite launch provider with Electron and upcoming Neutron vehicles. Most direct competitor to Antrix's SSLV in the dedicated small-launch segment, targeting similar commercial and government smallsat customers.
• Glavkosmos: Commercial arm of Russia's Roscosmos offering Soyuz launches and related services. Closely analogous to Antrix as another state-backed commercial marketing organization for national space capabilities, serving similar international launch customers.
• Mitsubishi Heavy Industries (MHI Launch Services): Provider of H-IIA/H3 launch services for commercial and government payloads. Comparable to Antrix as a national-champion launch services arm serving international customers, with similar product breadth across multiple vehicle classes.
• China Great Wall Industry Corporation (CGWIC): Commercial arm of China Aerospace Science and Technology Corporation offering Long March launch services, satellite manufacturing, and ground systems. Closest structural analog to Antrix as a state-owned commercial space services conglomerate.
• Planet Labs: Earth observation company operating the largest commercial satellite constellation. Direct peer to Antrix's IRS remote sensing data services in delivering geospatial imagery and analytics to government and commercial customers.

Broad incumbents

• SpaceX: Dominant commercial launch provider with Falcon 9 and rideshare programs. Competes directly with PSLV for small-sat customers globally and has reshaped commercial launch economics that Antrix must navigate.
• United Launch Alliance (ULA): US-based launch services joint venture between Boeing and Lockheed Martin. Competes for government and commercial GEO/LEO missions overlapping with GSLV and PSLV capabilities, particularly for international sovereign customers.
• Maxar Technologies: Provider of high-resolution earth observation satellites, satellite manufacturing, and geospatial intelligence. Overlaps with Antrix's spacecraft subsystems and remote sensing data services for defense and government customers.
• SES S.A. Global satellite operator providing video, data, and connectivity services via a multi-orbit fleet. Comparable to Antrix's SATCOM capacity leasing business for broadcast, broadband, and enterprise customers worldwide.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Antrix