The private space sector regulator IN-SPACe floated the PPP tender, with these firms competing against three other leading companies: Bengaluru-based Ananth Technologies Limited (ATL), Centum Electronics, and Hyderabad-based Tata Advanced Systems Limited (TASL), all of which are part of different consortiums. The tender process is expected to conclude by March, with India Infrastructure Finance Company Limited (IIFCL), under the Ministry of Finance, overseeing the bid.