Bharat Electronics Limited (BEL) signed a Memorandum of Understanding with Bellatrix Aerospace to develop Very Low Earth Orbit (VLEO) satellite systems. The partnership aims to combine BEL's electronics manufacturing expertise with Bellatrix's electric propulsion technology for next-generation VLEO satellites.

VLEO satellites (operating broadly in the 100-450 km altitude range) offer higher resolution imaging and lower latency than traditional LEO satellites. The collaboration aligns with India's growing space economy, projected to reach $100 billion by 2040. BEL, a Navratna Defence PSU, achieved provisional, unaudited turnover of around ₹26,750 crore in FY 2025-26. The partnership is significant for both defence and civilian space applications.