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SSPI Board of Directors Appoints President of Ursa Space and CEO of Mansat to Leadership, Welcomes Eight New Directors from Across the Satellite Industry

SSPI Board of Directors Appoints President of Ursa Space and CEO of Mansat to Leadership, Welcomes Eight New Directors from Across the Satellite Industry
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NSIL aim to invest 10 crore on ISRO; India world's next space hub?


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. ....

United States , Elon Musk , Radhakrishnan Durairaj , Union Government , Space India , Newspace India Limited , Central Government , Public Sector Enterprise , Polar Satellite Launch Vehicle , Commercial Satellites , ஒன்றுபட்டது மாநிலங்களில் , ராதாகிருஷ்ணன் துறராஜ் , தொழிற்சங்கம் அரசு , இடம் இந்தியா , செய்திமடல் இந்தியா வரையறுக்கப்பட்டவை , மைய அரசு , பொது துறை நிறுவன , போலார் செயற்கைக்கோள் ஏவுதல் வாகனம் , வணிகரீதியானது செயற்கைக்கோள்கள் ,