Indian Space Research Organisation to launch IRNSS-1H on Thursday
Indian Space Research Organisation to launch IRNSS-1H on Thursday
The 29-hour Countdown For The Thursday Evening Launch Of Indiaâs Navigation Satellite IRNSS-1 Using Rocket Polar Satellite Launch Vehicle (PSLV) Began On Wednesday.
News Nation Bureau | Edited By : Deepak Mahato | Updated on: 30 Aug 2017, 05:54:37 PM
New Delhi:
The 29-hour countdown for the August 31 evening launch of India’s navigation satellite IRNSS-1 H using rocket Polar Satellite Launch Vehicle (PSLV) began on Wednesday.
IRNSS-1 H is India’s first satellite that is co-assembled by Indian Space Research Organisation with a private consortium.
ISRO PSLV C51
The New Space India Limited or NSIL is a Central Government run Public Sector Enterprise stated that it has plans to invest around Rs. 10,000 crore over the next five fiscal years. NSIL has been allocated Rs. 700 crore by the Union Government in this budget 2021-22. NSIL has also been paid an amount of Rs. 10 crore and an authorized capital of Rs. 100 crore.
NSIL plans to capitalise this demand for launch of commercial satellites among other services to raise revenue. Four dedicated launches are lined up over the couple of years, with its revenue mostly earned through services, the officials commented. “We have contracts for four more dedicated launches but our NDAs (non-disclosure agreements) prevent us from revealing more details. All are foreign satellites”, added Radhakrishnan Durairaj, executive director of NSIL said on Friday in Bengaluru.
ISRO s NewSpace India Ltd to invest Rs 10,000 Cr in 5 years
ISRO s commercial arm, NewSpace India Limited, launched its first dedicated commercial mission on February 28, carrying Brazilian satellite Amazonia-1.
0 claps
ISRO s commercial arm NewSpace India Limited (NSIL) on Friday said it was looking at
investing approximately Rs 10,000 crore over the next five years and a manpower requirement of 300 people as it plans to scale up operations.
[ Image Credit: ISRO Official Twitter]
ALSO READ
NSIL, incorporated as a wholly government owned Central Public Sector Enterprise (CPSE) with a paid-up capital of Rs 10 crore on March 6, 2019, would
raise Rs 2,000 crore a year through a mix of equity and debt, Chairman and Managing Director G Narayanan told reporters here.
State-run NewSpace India Ltd (NSIL) has issued a request for proposals (RFP) to make polar satellite launch vehicle (PSLV) rockets by Indian industry for carrying communication or observation satellites into the earth s lower orbits.
FEATURE: NSPO creating opportunities for local space industry
JUST THE BEGINNING: Several firms have found a niche in the nation’s burgeoning space industry, but company leaders said the sector has not yet reached its potential
By Lin Chia-nan / Staff reporter
The National Space Organization’s (NSPO) cubesat program has shed light on a nascent industry of small satellite launch service suppliers in Taiwan.
With the global space industry shifting its focus to smaller satellites, many domestic manufacturers supplying satellite or communications components have become part of the global supply chain, while launch services are newer areas for Taiwan.
The NSPO in 2017 commissioned three university teams to make cubesats and three companies to facilitate their launches as part of the government’s effort to foster a “new space” industry.