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OUR COMPANY
Devas Multimedia Pvt. Ltd. (Devas), an Indian company headquartered in Bangalore, was founded in 2004 by a team of successful satellite entrepreneurs and executives. Devas has led indigenous innovation in the arena of satellite communications and technologies to establish a next-generation national satellite system that provides vital services to the masses and government agencies across India. The Devas system is uniquely capable of delivering applications for rural development, e-governance, emergency communications, remote connectivity, and strategic services.
PRESS HIGHLIGHTS
‘No mandatory requirement for reporting contracts (Devas deal) to Cabinet’
An interview with former ISRO Chairman Dr G Madhavan Nair who discusses the processes followed into signing of the deal between Antrix and Devas Multimedia in 2005. Dr. Nair has clarified that it is not mandatory for ISRO to apprise the Space Commission and the Union Cabinet of each and every agreement entered into with private parties by Antrix Corporation.
2011.04.18 Indian Express‎
No scam: Did Isro retreat too soon?
Was the controversy over a contract between Antrix Corporation and Devas Multimedia S-band spectrum allotment a case of much ado about nothing? Yes, going by the report submitted to PM Manmohan Singh by a committee set up to review the contract…
2011.03.14 Deccan Chronicle ‎
Antrix-Devas S-band deal: All eyes now on panel report
A two member high-powered review committee on the Antrix-Devas Multimedia contract was formed by the Prime Minister’s Office. Informed sources said the committee was due to finalise and submit the report by March 9 or 10. On February 9, the PMO had appointed Planning Commission member, Mr B.K. Chaturvedi and Space Commission member and aerospace scientist, Dr Roddam Narasimha, and given them a month’s time to look into any irregularities in the contract.
2011.03.10 The Hindu Business Line‎
Antrix did not deviate from norms: Panel
The B N Suresh Commit¬tee, appointed in November 2009 by Isro/department of space, to inquire in¬to the Isro-Devas agreement has stated that Isro/Antrix did not deviate from already established proce¬dures in agreeing to lease out trans¬ponders to Devas. The report states that :With regard to the agreement with Devas in January 2005, the same procedure of leasing transponders as has been with earlier such leasing of transponders to private service providers has been followed”.
2011.03.10 The Times of India ‎
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The information contained herein is for general informational purposes only and the company does not warrant or provide any representations on its accuracy in the event of omissions or errors.