NIBE’s subsidiary -- Nibe Space has signed Memorandum of Understanding (MoU) with leading infra & Defence Companies and Startups of India namely Larsen & Toubro; Centum Electronics; Space Fields; SISIR Radar; CYRAN AI Solutions; AgniKul Cosmos; DV2JS Innovation LLP; Thales Alenia Space, France; and Thales India.
MoU aims to collaborate as a consortium for supply of equipment, services, skills, systems and support services etc. for its aim to build and operate a Private Earth Observation Constellation & corresponding ground segment to provide constellation on lease basis, offer images and analytics as a service. These MoUs are valid for a period of 12 to 24 months as stated in the respective agreements.
NIBE (Formerly known as Kavita fabrics) manufactures synthetic fabrics in the form of semi-finished sarees and dress materials. These products are offered in various designs as per customer requirements.
