Delhi Delhi: Space Zone Aerospace, a leading pioneer in space technology, has been awarded the prestigious Aegis Graham Bell Award for innovation in space technology. The honour was presented by Jitin Prasada, Minister of Commerce and Industry, Government of India. The honour recognises the company’s unprecedented contribution in advancing space technology and its unwavering commitment to driving innovation in the aerospace sector.
The 15th edition of the Aegis Graham Bell Award ceremony took place on February 20, 2025, at The Ashok Hotel in New Delhi. The award, instituted in 2010 by the Aegis School of Data Science, aims to promote and recognise outstanding innovations in the Information and Communication Technology (ICT) domain. The event was supported by prestigious partners including the Ministry of Electronics and Information Technology (MeitY), Government of India, Ministry of Education, Government of India and Department of Science and Technology (DST), Government of India. The event was attended by several leading space technology companies who showcased their latest innovations in satellite technology, propulsion systems and advanced aerospace solutions. Space Zone Aerospace demonstrated a cost-effective and sustainable approach to space exploration with its presentation on hybrid propulsion systems. “We are extremely honored to receive this prestigious award,” said Anand Megalingam, Founder and CEO, Space Zone Aerospace.
“This recognition furthers our mission to revolutionize the space industry with innovative, cost-effective and sustainable space solutions. It is a testament to the hard work, passion and dedication of our entire team.” Under the visionary leadership of Megalingam, Space Zone Aerospace has successfully launched two demonstrator rockets from a private launch pad in Chennai in the last two years. Notably, one of these rockets had reusability capabilities, a significant step towards cost-effective and sustainable space access. The company is also at the forefront of developing hybrid propulsion systems, aiming to make space exploration more efficient and environmentally friendly. Dr. Anand Megalingam, Founder and CEO, emphasizes that the real strength of Space Zone Aerospace comes from its dedicated team and esteemed advisors. The company’s core team, which started with small roles, has now grown into a highly skilled workforce playing key roles in fuel grain development, aerodynamics, propulsion, avionics systems and cutting-edge research and development.
