• About us
  • Contact us
  • Our team
  • Terms of Service
Wednesday, April 1, 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’s SSLV, private players Skyroot, Agnikul eye share in small satellite business

Press Trust of india by Press Trust of india
August 19, 2024
in BUSINESS
A A
0
ISRO launches India’s third moon expedition with an eye on future inter-planetary missions, soft landing on Aug. 23

Representational Photo

FacebookTwitterWhatsapp

New Delhi: ISRO’s latest satellite launch vehicle ‘?SSLV’? is the first rocket in its category to be ready for commercialisation with two others, ‘Vikram’ from Skyroot and ‘Agnibaan’ from Agnikul Cosmos, expected to vie for market share to place small satellites in orbit.

According to industry estimates, the satellite launch market in India is expected to grow from USD 720 million in 2022 to USD 3.5 billion by 2033 and small satellites are likely to be the most preferred modes for a number of applications ranging from providing internet connectivity to earth observation.

More News

Conflicts hit global supply chains, India strengthening its role as reliable semiconductor supplier: Modi

‘False, fabricated’: Rijiju slams oppn over claims on FCRA amendment Bill

Rescind FCRA amendments in interest of Constitutional morality: CPI(M)

Load More

Space start-ups such as Pixxel and Satsure have already announced plans to have constellations of small satellites for the range of services they plan to offer and Indian launch vehicles will vie to be the preferred rockets to place these satellites in orbit.

“Larger launch vehicles are there, but with a large number of satellites being launched, companies do not want to wait, they want to launch a satellite as soon as they can and small vehicles are tailor made for them,” Lt Gen A K Bhatt (retd), Director General of Indian Space Association, told PTI.

Pixxel is also considering using ISRO’s launch vehicles to place its hyper-spectral satellites in orbit later this year.

“Right now, of the six satellites we are building, three of them will launch with SpaceX and three with ISRO,” Pixxel CEO Awais Ahmed told PTI in July.

Bhatt said the Indian National Space Promotion and Authorization Center (IN-SPACe) was also in discussion with various government ministries for having a constellation of small satellites to meet their requirements.

“These satellites will be built by Indian companies and will help create a market for home-grown launch vehicles,” he said.

Hyderabad-based Skyroot Aerospace carried out the test of the Stage 2 engine that will power the Vikram-1 rocket it plans to launch later this year. The Stage 2 engine, named Kalam-250, will propel the launch vehicle from atmospheric space into the deep vacuum of outer space.

IIT-Madras incubated Agnikul Cosmos is also expected to launch its orbital rocket Agnibaan next year.

After the launch of the Small Satellite Launch Vehicle (SSLV) on August 16, ISRO Chairman S Somanath announced that the development of the launch vehicle was complete and the rocket was ready to be transferred to the industry for mass production.

“We are hoping that this will really help the industries scale their competence and capabilities to build smaller rockets,” Somanath said.

On technology transfer, IN-SPACe has started to find out which industry consortium will take it up. They will work with ISRO for the next two years to understand the technology, he said.

Somanath said IN-SPACe had organised a one-day interaction with industry players to understand issues that they may have related to technology transfer and how to do it, and expectations from ISRO for them.

“It is not just manufacturing technology that we are transferring. We are also transferring the knowledge on how things are done. They need to come inside ISRO and work with us and learn the techniques. We are teaching them how to build the rocket,” he said.

“We will look at various criteria, including manufacturing, facilities and financial strength. There will be a technology transfer fee that they will have to pay,” Somanath said.

Previous Post

Air India cabin crew assaulted at London hotel; airline pursuing matter with local police

Next Post

GCC urges Centre to restore J&K’s statehood

Press Trust of india

Press Trust of india

Related Posts

Conflicts hit global supply chains, India strengthening its role as reliable semiconductor supplier: Modi

India a step closer to realising first human space flight programme: PM
March 31, 2026

Sanand (Gujarat):  Prime Minister Narendra Modi on Tuesday said the 21st Century has brought several challenges and global supply chains...

Read moreDetails

‘False, fabricated’: Rijiju slams oppn over claims on FCRA amendment Bill

Naga talks followed up with utmost sincerity: Rijiju
March 31, 2026

New Delhi:  Union minister Kiren Rijiju on Tuesday asserted that the FCRA amendment Bill only seeks to stop the use...

Read moreDetails

Rescind FCRA amendments in interest of Constitutional morality: CPI(M)

March 31, 2026

New Delhi: The CPI(M) on Monday demanded the rescinding of the Foreign Contribution (Regulation) Amendment Bill, 2026, in the interest...

Read moreDetails

LS passes insolvency law amendments; FM says bill will help maximise value for stakeholders

FM announces high-level panel on Banking for Viksit Bharat; PFC, REC restructuring
March 30, 2026

New Delhi: The Lok Sabha on Monday passed a bill to amend the insolvency law to provide for strict timelines,...

Read moreDetails

Economic fundamentals strong, rupee doing ‘absolutely fine’: FM

LS passes Finance Bill; tax benefits for debt mutual funds removed
March 30, 2026

New Delhi: Finance Minister Nirmala Sitharaman on Monday said the country's economic fundamentals are strong, and compared to other emerging...

Read moreDetails

Impact of PM Surya Ghar Muft Bijli Yojana felt across India: PM

Pahalgam terror attack: PM Modi steps up diplomatic offensive against Pak
March 29, 2026

New Delhi: Prime Minister Narendra Modi on Sunday highlighted the benefits of the 'PM Surya Ghar Muft Bijli Yojana' and...

Read moreDetails
Next Post

GCC urges Centre to restore J&K’s statehood

  • 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.