December 11, 2023

Cosmicport formalized its commitment to Tamil Nadu’s space and defense sector at the Global Investors Meet (GIM) 2024 in Chennai, with an MoU signed with the Tamil Nadu government for a ₹200 Cr investment.

During the District Investment Conclave on November 30, 2023, MP Kanimozhi Karunanidhi presented the executed MoU to Cosmicport’s representatives. As part of this commitment, Cosmicport is constructing its headquarters in Thoothukudi, with an initial 15,000 sq. ft. R&D facility on 1.4 acres, set to expand between 2025-2026.