• About us
  • Contact us
  • Our team
  • Terms of Service
Tuesday, June 16, 2026
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home BUSINESS

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

Press Trust of india by Press Trust of india
December 31, 2022
in BUSINESS
A A
0
With SSLV launch on Aug 7, ISRO eyes share in global small satellite market
FacebookTwitterWhatsapp

New Delhi: Indian Space Research Organisation (ISRO) 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 – Gaganyaan project – with the first uncrewed mission expected in the last quarter of 2023 aimed at validating the performance of the human-rated launch vehicle, orbital module propulsion system and recovery operations.

More News

Investors become richer by Rs 18.15 lakh cr in two days of market rally

Indian LNG carrier safely crosses Hormuz, first since US-Iran ceasefire

World looking towards inclusive, human-centric technologies: PM Modi in France

Load More

ISRO further plans to conduct the first runway landing experiment (RLV-LEX) of the reusable launch vehicle early next year from Aeronautical Test Range in Karnataka’s Chitradurga, Union Minister of State in Prime Minister’s Office Jitendra Singh told Parliament this month.

Indian start-ups that marked their arrival with the sub-orbital flight by Skyroot Aerospace’s Vikram-S rocket, the first by a private sector company and the launch of Pixxel’s hyperspectral satellites Shakuntala, on SpaceX’s Falcon-9 rocket in April and Anand onboard ISRO’s PSLV in November.

Skyroot Aerospace, which launched India’s first privately developed rocket in November, plans to put a client satellite in orbit sometime next year, while Agnikul Cosmos, a start-up incubated on the IIT-Madras campus, has also lined up the test flight of its highly customisable Agnibaan rocket.

“We are developing six commercial hyperspectral imagery satellites which will be ready for launch next year,” Awais Ahmed, Pixxel co-founder and CEO, had told PTI.

Ahmed said many more rocket companies around the globe will see their first orbital launches come to fruition which will lead to a rocket-themed game of thrones as they vie for the same set of customers sending satellites into space.

The start-ups are eyeing the huge space applications market in the country, which was earlier the sole domain of ISRO, carving a niche for themselves in the earth imaging sector, developing rockets to launch small satellites, designing cheaper fuels for satellites and even planning to take tourists on a space journey.

“The potential for innovative space applications is immense, especially if established aerospace companies form partnerships with businesses that traditionally haven’t ventured into orbit, e.g. pharmaceutical, agriculture companies,” Chaitanya Dora Surapureddy, Chief Financial Officer, DhruvaSpace, told PTI.

DhruvaSpace had launched two satellites Thybolt 1 & 2 onboard ISRO’s PSLV C-54 mission that demonstrated the ability to conduct amateur satellite communication which will help ham radio operations.

Surapureddy said DhurvaSpace has already bagged its first commercial contract worth Rs 20 crore to build satellites.

“The number of space startups in India has already crossed 100 and these startups have raised funding of more than USD 245.35 million,” Lt Gen A K Bhatt (retd.), Director General, Indian Space Association (ISpA) told PTI.

Agnikul also inaugurated its first launchpad and mission control centre at ISRO’s Satish Dhawan Space Centre at Sriharikota.

In 2022, the industry witnessed some major milestones with NewSpace India Limited (NSIL) authorising the space conglomerate formed by Larsen & Toubro (L&T) and Hindustan Aeronautics Limited a Rs 860-crore contract for the commercial development of next five Polar Satellite Launch Vehicles (PSLVs).

OneWeb also signed up the services of ISRO’s launch vehicle to put 36 satellites in low earth orbit from Sriharikota. A follow-up launch of another 36 satellites is expected next year.

The OneWeb contract for ISRO is learnt to be an outcome of some aggressive bidding by the Indians after the Ukraine conflict knocked off the Russian space launch capabilities off the market.

Chaitanya Giri, space consultant with Research and Information System for Developing Countries likens the aggression in the Indian space sector to the one displayed by Sourav Ganguly’s cricket team.

“Our earlier approach was like Mohammad Azharuddin-led cricket team – very mellow and gentlemanly. The new found aggression is because of India’s rising geopolitical stature. Also, the Russian market has become a no go due to the Ukraine conflict. So is the Chinese market. Now, it is Advantage India,” Giri told PTI.

He said Indian start-ups should also vie for international contracts and not look at ISRO for business.

“ISRO is not an entity that will sustain business for them. Indian space start-ups, MSMEs and big corporates will have to strike business arrangements amongst each other. These B-2-B arrangements need to grow,” Giri said.

Previous Post

3 people killed as vehicle falls into gorge in Kathua

Next Post

Libya says boat with 700 Europe-bound migrants intercepted

Press Trust of india

Press Trust of india

Related Posts

Investors become richer by Rs 18.15 lakh cr in two days of market rally

Equity investors’ wealth plunges Rs 1.36 lakh cr amid sell-off in markets
June 15, 2026

New Delhi:  Investors' wealth surged by Rs 18.15 lakh crore thanks to a two-day rally in the stock market after...

Read moreDetails

Indian LNG carrier safely crosses Hormuz, first since US-Iran ceasefire

1st Indian vessel crosses Strait of Hormuz after US-Iran ceasefire
June 15, 2026

New Delhi: A Liquefied Natural Gas (LNG) carrier, chartered by an Indian firm, safely transited through the Strait of Hormuz...

Read moreDetails

World looking towards inclusive, human-centric technologies: PM Modi in France

World looking towards inclusive, human-centric technologies: PM Modi in France
June 14, 2026

Nice (France):  India is no longer just a consumer of global solutions, but a major contributor to them, Prime Minister...

Read moreDetails

Rupee-dollar fluctuations driven by global, domestic factors: Sitharaman

India loves celebrating and recognising its diversity: Finance Minister Sitharaman
June 14, 2026

Bengaluru: Union Finance Minister Nirmala Sitharaman on Sunday said fluctuations in the rupee against the US dollar are driven by...

Read moreDetails

BRICS countries issue Indore Declaration, announce initiatives to promote agricultural cooperation

BRICS countries issue Indore Declaration, announce initiatives to promote agricultural cooperation
June 13, 2026

Indore:  The BRICS countries on Saturday issued the "Indore Declaration" at the end of a five-day meeting held here under...

Read moreDetails

No shortage of energy in country, LPG, oil supply situation comfortable: Hardeep Singh Puri

Parliament building inauguration: Cong lacks national spirit and sense of pride in India’s progress, alleges Puri
June 13, 2026

Chandigarh/Ludhiana: Union Minister Hardeep Singh Puri on Saturday said there is no shortage of energy in the country and the...

Read moreDetails
Next Post
Libya says boat with 700 Europe-bound migrants intercepted

Libya says boat with 700 Europe-bound migrants intercepted

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2025 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2025 Kashmir Images - Designed by GITS.