The thin swatches can quickly change how they reflect heat, smoothing or wrinkling their surfaces in under a second after being stretched or electrically triggered.
Brexit is one of the most used words in British social-media conversations and the developers believe that if this can be monetised, the proceeds could be enormous.
The satellite was to be placed in its intended orbit after manoeuvres from the space agency's Master Control Facility (MCF) at Hassan in Karnataka, about 180 km from Bengaluru.