ISRO earns $279 million in foreign exchange through satellite launches
2 years, 5 months ago

ISRO earns $279 million in foreign exchange through satellite launches

The Hindu  

The Indian Space Research Organisation, through its commercial arms, has earned $279 million in foreign exchange by launching satellites for global clients, Union Minister Jitendra Singh told the Lok Sabha on July 27. In a written reply to a question, Mr. Singh said ISRO in association with its commercial arms has successfully launched 345 foreign satellites from 34 countries on-board Polar Satellite Launch Vehicle. "Total foreign exchange revenue earned through launching of foreign satellites amounts to $56 million and 220 million Euros approximately," Mr. Singh said, without mentioning any time-frame for such launches. The PSLV-C53 was the second dedicated commercial mission for NewSpace India Limited, a Central Public Sector Enterprise under administrative control of the Department of Space, Mr. Singh said.

Foreign Exchange Satellite Million Singh Foreign Pslv  exchange  satellite  million  mission  satellites  279  singh  mr  foreign  commercial  vehicle  earns  isro  launches

History of this topic

Isro earned $427 mn from US, EU space missions in 10 years: MoS space
1 week, 2 days ago

Isro earned $427 mn from US, EU space missions in 10 years: MoS space

Live Mint  

New Delhi: The Indian Space Research Organisation has generated over $400 million in revenue from commercial satellite launches conducted over the past decade for the US and the European Union, Union minister of state for space Jitendra Singh said on Tuesday. This shows the kind of progress that India has made in the space economy, and its current stature as …

India's Data-Driven Strategy to Capture Market Beyond SpaceX
2 months, 3 weeks ago

India's Data-Driven Strategy to Capture Market Beyond SpaceX

The Hindu  

India is exploring a new strategy to capture a larger market share in the commercial space sector. The country plans to focus on providing cost-effective services and hardware to sectors such as communications, agriculture and commodities. This will involve providing data analytics and interpretation services, as well as building small satellites and launching them cheaply into orbit. While the Indian …

Import expenses 12 times of export earning in space-technology sector
1 year, 11 months ago

Import expenses 12 times of export earning in space-technology sector

The Hindu  

There’s a wide chasm between expenses on imports and earnings from exports in the space technology industry, suggests data made public as part of a response by Space Minister Jitendra Singh, in the Lok Sabha on February 8. In response to a question by DMK MP Kanimozhi Karunanidhi on the “.details of total imports and exports carried out in space …

ISRO lines up science missions for 2023; satellite launch market set for rocket-themed game of thrones
2 years ago

ISRO lines up science missions for 2023; satellite launch market set for rocket-themed game of thrones

The Hindu  

Indian Space Research Organisation will turn its focus on science experiments in 2023 with dedicated missions to the Sun - Aditya - and the moon - Chandrayaan-3 - even as the nascent start-up sector is set to soar in the space applications segment. The upcoming year will also witness a series of experiments on India's maiden human space flight - …

ISRO earns ₹1,100 crore in five years from foreign launches
2 years ago

ISRO earns ₹1,100 crore in five years from foreign launches

The Hindu  

The Indian Space Research Organisation had earned approximately ₹1,100 crore in the last five years from the launch of foreign satellites, Minister for Space Jitendra Singh, told Rajya Sabha on Thursday in response to a query. In the last five years, January 2018 - November 2022 ISRO, via its commercial arms, successfully launched 177 foreign satellites from 19 countries — …

ISRO eyes next generation launch vehicle for heavier payloads
2 years, 2 months ago

ISRO eyes next generation launch vehicle for heavier payloads

The Hindu  

As India eyes setting up its own space station by 2035, the Indian Space Research Organisation has proposed to the industry to collaborate with it in developing a reusable rocket capable of carrying heavier payloads into orbit. Dubbed as the Next-Generation Launch Vehicle, ISRO Chairman S Somanath said the space agency was working on the design of the rocket and …

Isro eyes next generation launch vehicle for heavier payloads
2 years, 2 months ago

Isro eyes next generation launch vehicle for heavier payloads

Deccan Chronicle  

NEW DELHI: As India eyes setting up its own space station by 2035, the Indian Space Research Organisation has proposed to the industry to collaborate with it in developing a reusable rocket capable of carrying heavier payloads into orbit. Dubbed as the Next-Generation Launch Vehicle, ISRO Chairman S Somanath said the space agency was working on the design of the …

Explained | The partnership between OneWeb and NewSpace India, ISRO’s commercial arm
2 years, 3 months ago

Explained | The partnership between OneWeb and NewSpace India, ISRO’s commercial arm

The Hindu  

The story so far: Satellite communications company OneWeb on Tuesday announced the arrival of 36 satellites at the Satish Dhawan Space Centre in Sriharikota for its joint venture with NewSpace India Limited, the commercial arm of Indian Space Research Organisation. The OneWeb-NSIL partnership The launch of the next round of OneWeb satellites will be the company’s 14th overall and the …

Small Satellite Launch Vehicle in final stages of development: Union Minister
3 years ago

Small Satellite Launch Vehicle in final stages of development: Union Minister

The Hindu  

The development of the Indian Space Research Organisation’s Small Satellite Launch Vehicle is in the final stages, and the first developmental flight is planned for the first quarter of 2022, Union Minister of State Jitendra Singh informed Parliament. The hardware and structures for the project, including solid motor cases, nozzle sub-systems, mandrels for the casting of solid motors, inter-stage structures, …

Isro to launch SSLV in the first quarter of 2022, lift-off satellites from four countries during 2021-2023
3 years ago

Isro to launch SSLV in the first quarter of 2022, lift-off satellites from four countries during 2021-2023

India Today  

The Small Satellite Launch Vehicle being developed by the Indian Space and Research Organisation is in the final stages of development and its maiden launch is set to be conducted in the first quarter of 2022. "The development of SSLV has been primarily envisaged to build a cost-effective launch vehicle with high launch frequency and quick turnaround capability in order …

ISRO launches 19 satellites under new business unit
3 years, 10 months ago

ISRO launches 19 satellites under new business unit

Deccan Chronicle  

NELLORE: Entering the new-age of space commerce, the Indian Space Research Organisation on Sunday launched 19 satellites into space from Brazil, the USA and India with textbook precision in its first launch of the year. This was the first dedicated mission of Isro’s commercial arm NewSpace India Limited, a public sector unit set up under the department of space in …

India launched 328 satellites from 33 different countries till date: Centre
3 years, 10 months ago

India launched 328 satellites from 33 different countries till date: Centre

Hindustan Times  

Union Minister Jitendra Singh on Wednesday said that ₹900 crore was allocated to the Indian Space Research Organization for the financial year 2020-21 for developing capacity for the launching of satellites. The total number of satellites launched till date is 328 from 33 different countries and the revenue earned till date is 25 million US dollars and 189 million Euros …

India's Nasa: Why privatisation of Isro is the right call
4 years, 6 months ago

India's Nasa: Why privatisation of Isro is the right call

India Today  

Space is vast and intriguing. IN-SPACe will work on the mechanism for Isro's engagement with industries and to meet demands of the private sector in space programmes. The announcement of opening up of India's space sector to private players does not mean that Isro did not have partnerships with private companies earlier. There has been a demand for greater involvement …

ISRO ready to support, invest in building capability of private space launch firms: VSSC Chief
5 years, 4 months ago

ISRO ready to support, invest in building capability of private space launch firms: VSSC Chief

Firstpost  

For the private sector to take up launch service, Parliament will first have to pass the Space Activities Bill. The Indian Space Research Organisation will support the country’s private space sector in space activity, including firms that offer launch vehicle services for satellites, according to a senior ISRO official. The space agency is in the middle of handing over the …

ISRO's commercial arm launched 239 satellites in last 3 years: Govt
5 years, 5 months ago

ISRO's commercial arm launched 239 satellites in last 3 years: Govt

India TV News  

A total of 239 satellites were launched by ISRO's commercial arm Antrix Corporation in the last three years, garnering revenue of Rs 6,289 crore, the government informed Parliament on Wednesday. In reply to a question in Lok Sabha, the Minister of State in the Prime Minister's office Jitendra Singh said the government has already set up NewSpace India Limited under …

Discover Related