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ISRO arm NSIL signs $18-mn deal with Australia for commercial satellite launch
Livemint
·
1y ago
Medial
The Australian government has signed an $18-million deal with the Indian Space Research Organisation's (Isro's) commercial arm, NewSpace India Limited (Nsil), for a satellite launch project. As part of the partnership, Australian firm Space Machines will launch a satellite inspection and observation payload aboard Isro's Small Satellite Launch Vehicle (SSLV) in 2026. The collaboration is one of India's first cross-border investments in the space sector and aims to boost the private space economy. Isro and the Australian government also announced joint space conferences scheduled for November to encourage further collaboration.
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Isro successfully launches earth observation satellite aboard SSLV-D3
Economic Times
·
11m ago
Medial
The Indian Space Research Organisation (ISRO) has successfully launched an earth observation satellite (EOS) using a Small Satellite Launch Vehicle (SSLV) from the Satish Dhawan Space Centre in Andhra Pradesh. This launch marks the completion of the SSLV Development Project and paves the way for commercial missions using SSLVs. The satellite, EOS-08, is designed for various applications including soil moisture assessment and disaster management. It carries three payloads for imaging, remote sensing, and monitoring purposes. The launch is expected to boost the commercial arm of ISRO as it expands its launch capabilities.
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Space startups, industry bodies welcome GST exemption for satellite launch services
Economic Times
·
2y ago
Medial
The GST Council, at a meeting on Tuesday, decided that GST exemption on satellite launch services supplied by ISRO, Antrix Corporation Limited and New Space India Limited (NSIL) may be extended to such services supplied by organisations in the private sector also to encourage startups.
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ISRO's SSLV, private players Skyroot, Agnikul eye share in small satellite business
YourStory
·
11m ago
Medial
Indian Space Research Organisation's (ISRO) Small Satellite Launch Vehicle (SSLV) is set to become the first rocket of its kind ready for commercial use, while startups Skyroot and Agnikul Cosmos also compete for the market. The satellite launch industry in India is forecast to grow from $720 million in 2022 to $3.5 billion by 2033, with small satellites being the preferred option. Pixxel plans to use both ISRO and SpaceX for its constellation of small satellites, while IN-SPACe is discussing satellite constellations with government ministries to boost demand for indigenous launch vehicles.
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IIFCL seeks infra tag for space sector; keen to finance satellite vehicles manufacturing: MD
Livemint
·
8m ago
Medial
State-owned infrastructure finance company IIFCL has urged the Indian government to include the space sector in the harmonized list of infrastructure, in order to facilitate easier financing for satellite vehicle manufacturing in the country. Currently, IIFCL's subsidiary IPL provides advisory services to the Indian Space Research Organisation (ISRO), and has assisted in the transfer of 13 satellites from ISRO to NewSpace India Ltd (NSIL). IIFCL is seeking to engage with the space sector by providing funding for satellite vehicles and related areas. The government's recent liberalisation of the FDI policy in the space sector has increased private sector participation.
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ISRO targets first Gaganyaan mission launch by December: Chairman
YourStory
·
11m ago
Medial
The Indian Space Research Organisation (ISRO) aims to launch the first mission of its Gaganyaan project, a manned space mission, by December. The rocket hardware for the mission has arrived at the Satish Dhawan Space Centre, and the crew module integration is taking place at the Vikram Sarabhai Space Centre. The target is to complete the wiring and testing by November, with the launch occurring possibly in December. The success of the Small Satellite Launch Vehicle mission will pave the way for commercial missions using the vehicle. ISRO will transfer technology to industry partners interested in commercial launches.
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India to use SpaceX rocket to launch communications satellite
Reuters
·
1y ago
Medial
India's space agency, NewSpace India Ltd (NSIL), has announced plans to partner with SpaceX to launch a communications satellite using the Falcon-9 rocket. This collaboration with Elon Musk's venture aims to enhance broadband communication in remote and unconnected regions of India. The launch is scheduled for the second quarter of this year and will involve a high-capacity satellite weighing 4,700 kg. Musk is also discussing investments for expanding Starlink satellite broadband and establishing a Tesla factory in India, although he is facing some resistance from domestic industries.
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SpaceX signs deal to launch key European satellites
Economic Times
·
1y ago
Medial
SpaceX, the American aerospace manufacturer, has reportedly signed a deal to launch key satellites for European companies. The agreement, worth around $92 million, will see SpaceX launch up to six satellites for a group of European companies. This collaboration marks a significant step for SpaceX in expanding its international presence in the satellite launch market.
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ISRO's 101st launch takes off but encounters failure in third stage
Economic Times
·
2m ago
Medial
The Indian Space Research Organisation's (ISRO) 101st launch of the EOS-09 satellite faced failure due to an anomaly in the third stage of the Polar Satellite Launch Vehicle (PSLV-C61). The PSLV's performance was normal up to the second stage, but an issue with the third stage motor's chamber pressure resulted in the mission being incomplete. Former ISRO Chairman S Somanath highlighted the educational nature of failures in complex space missions.
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ISRO proposes to build Earth Observation satellite for Mexico
Economic Times
·
8m ago
Medial
The Indian Space Research Organisation (ISRO) is set to launch the NASA-ISRO Synthetic Aperture Radar (NISAR) satellite next year and has expressed interest in building an Earth Observation (EO) satellite for Mexico to strengthen their 75-year-old diplomatic relationship. Mexico's Ambassador to India met with the ISRO Chairman to discuss expanding cooperation in space technology and applications, including forest fire monitoring and agricultural drought management. The Chairman also mentioned potential collaborations between India and Mexico in the G20 Satellite mission. The Mexican Ambassador congratulated India on its recent achievements in space exploration.
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Spacetech Startup XDLINK Space Labs Raises $7 Mn From Ashish Kacholia, Others
Inc42
·
10m ago
Medial
- Hyderabad-based startup raises seed funding for its first commercial mission - XDLINX Space Labs secures funding round with participation from E2MC, Mana Ventures, and one undisclosed family office - Startup plans to use funds to develop its own satellite and launch first commercial mission - XDLINX Space Labs offers end-to-end nano and micro satellite platforms with hosted payloads - Founded by Gandupalli and Karthik Govindhasamy - Seed funding round to fuel the growth and expansion of the startup in the space industry.
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