Dubai, Jun 14: The winner of the upcoming World Test Championship final between India and New Zealand will walk away with a prize money of USD 1.6 million along with the Test Championship Mace, the International Cricket Council said on Monday.
India and New Zealand will battle it out for the prestigious title at Southampton on June 18.
"The winners of the much-awaited ICC World Test Championship (WTC) Final between India and New Zealand will take home a purse of $ 1.6 million along with the ICC Test Championship Mace," an ICC statement read.
"The losing team will get USD 800,000 for finishing second in the nine-team competition, which was played over a near two-year cycle, adding context to Test cricket and to crown the first official world champions in the longest format of the game."
The governing body said that the team finishing third among the nine competition nations will get USD 450,000 cheque, while the prize money for the fourth-placed team will be USD 350,000.
"... the one that finishes fifth gets USD 200,000 while the remaining four teams will get USD 100,000 each," it said.
The inaugural World Test Championships saw nine teams competing over a near two-year cycle to add context to Test cricket.
The team claiming the inaugural world champions title in the longest format of the game will get the Test Mace, which was previously given to teams topping the ICC Men's Test Team Rankings.
"In case the final ends in a draw or a tie, the finalists will split the prize money for the first and second places and share possession of the Mace during the time they remain champions," the ICC said.
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New Delhi (PTI): Bengaluru-based space start-up GalaxEye's Mission Drishti satellite was launched on Sunday aboard SpaceX's Falcon 9 rocket from California.
Mission Drishti is the world's first OptoSAR satellite, integrating electro-optical (EO) and synthetic aperture radar (SAR) sensors into a single operational platform, according to the company.
While EO sensors capture high-resolution images during sunlight and clear skies, SAR sensors provide all-weather and all-time images, using radar pulses.
In a statement, Suyash Singh, founder and CEO of GalaxEye, said, "With the satellite (Mission Drishti) now successfully in orbit, our immediate focus is on completing its commissioning. As we move through this phase, we are already witnessing strong global interest in the differentiated datasets enabled by our OptoSAR payload."
The satellite will help address long-standing limitations of conventional systems and enable more reliable and consistent data acquisition across diverse environmental conditions, the company said.
As a dual-use Earth observation satellite, the mission will support use cases across defence, agriculture, disaster management, maritime monitoring, and infrastructure planning.
The satellite is also expected to complement India's broader initiatives, including the 29 active Earth Observation satellites outlined in ISRO's recent annual report.
The launch came after five years of indigenous research and development, and extensive environmental testing and performance validation of the Mission Drishti.
In a statement, Lt Gen AK Bhatt (Retd), director general of Indian Space Association (ISpA), said, "GalaxEye has achieved what only a few global players have, which is seamlessly combining optical and SAR capabilities on a single platform to enable persistent, all-weather intelligence."
What stands out is not just the technology, but its broader impact on how downstream applications will increasingly define value in the space economy, particularly in Earth observation, where timely, decision-grade insights are critical," he added.
ISpA is the premier industry association of space and satellite companies in the country.
Union Minister Jitendra Singh also took note of the Mission Drishti launch, saying the development marked a significant milestone in India's space journey.
In a post on X, the minister said, "The successful launch of the world's first OptoSAR satellite, and the largest privately-built satellite in the country, reflects the immense potential of our young innovators driving nation-building."
GalaxEye aims to scale up Mission Drishti to a constellation of 10 satellites by 2030, developing a robust and sovereign Earth observation infrastructure for India.
