Photo: Mathrubhumi English
ISRO Signs 6 Agreement With 4 Countries For Satellites Launch In 2021-2023: Govt
The ISRO signed 6 agreements with 4 countries to launch foreign satellites during 2021-2023, said Union Minister Jitendra Singh on December 16. The launch will generate 132 million euros earning. "Its commercial arm New Space India Limited, a government's company under the Department of Space launching the satellites by India's mainstay rocket PSLV," said Jitender Singh. Notably, 124 indigenous satellites including 12 student satellites have… read-more
Tags: ISRO, Jitendra Singh, NSIL, rajya sabha, Union Minister
Courtesy: ANI
Photo: The Wire
ISRO's NSIL To Invest Rs 10,000 Crore In Next 5 Years; Make PSLV
ISRO's commercial arm Newspace India Limited is planning to invest Rs 10,000 crore in five years. Started in 2019, the NSIL earned Rs 300 crore revenue for the first year and aims to generate Rs 400 crore in 2020-21. Planning to raise the equity and debt mix amount, it looks to create PSLV to tap the global satellite launch demand including four international launches by 2023. Additionally, NSIL eyes to own already installed satellites.
Tags: ISRO, NSIL, Space, PSLV, Newspace India Limited
Courtesy: The New Indian Express
