If it becomes a reality, the Chennai-based company will become the first private player from India to conduct such a mission to the lunar surface.
The payload sent into the upper reaches of the atmosphere were recovered after it splashed into the sea.
They made history for India and the world.
India's first privately developed rocket -- Vikram-S -- is set for launch in a sub-orbital mission with three payloads between November 12 and 16, Hyderabad-based space startup Skyroot Aerospace announced on Tuesday.
AzaadiSAT had around 75 small payloads developed by schoolgirls of 75 rural schools.
More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.
The lead scientist on the project, which was launched by NASA, is also the youngest at 18. Meet the boy from Tamil Nadu who is already working on his next mission.
Microsat-R, an imaging satellite, is meant for military purposes, but the ISRO did not give any details about it.