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Wednesday, September 18, 2024

23 Companies Interested In ISRO’s Small Satellite Launch Vehicle Technology

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Bengaluru

As many as 23 companies have evinced interest in acquiring the Indian space agency’s Small Satellite Launch Vehicle technology, said a top official who termed it a ”tremendous response”.

Chairman of Indian National Space Promotion and Authorisation Centre (IN-SPACe) Pawan K Goenka said on Thursday that they are keen to see how the private sector uses the Small Satellite Launch Vehicle (SSLV) technology.

”There has been a tremendous response, 23 companies have (so far) shown interest in applying for this technology. Of course only one of them will get it,” he said.

IN-SPACe, an autonomous nodal agency under the Department of Space (DOS), formed in 2020 to promote, enable, authorise and supervise non-government entities (NGEs) to undertake space activities, had in July floated an Expression of Interest (EoI) for transfer of technology (ToT) of SSLV with the last date to respond to it being September 25.

”Technology transfer is something we are working on very aggressively, because we really want to see how ISRO’s technology is leveraged by private sector. A lot is happening in that area and the biggest one is of course SSLV technology transfer, where we are transferring the launch vehicle lock, stock, and barrel completely to the private sector,” Goenka said.

Addressing the inaugural function of the International Conference on Space here, organised by the Confederation of Indian Industry (CII), he said, this is perhaps the first ever example where an agency anywhere in the world has transferred the full design of a launch vehicle to the private sector.

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