Latest news with #SSLVs
The Hindu
3 hours ago
- Business
- The Hindu
HAL outbids Adani-backed firm to bag transfer of technology of SSLV from ISRO
In a significant milestone, Hindustan Aeronautics Limited (HAL) was on Friday declared the winner of the bid for the transfer of technology of the Small Satellite Launch Vehicle (SSLV), the ISRO's rocket to place satellites up to 500 kg in low-earth orbit, edging out two consortia, including one led by a defence manufacturer backed by the Adani Group. Fighter jet manufacturer HAL was the standalone bidder for the coveted contract to build the ISRO-designed rocket and was pitted against the two consortia -- one led by Alpha Design Technologies, backed by the Adani Group, and the other led by Hyderabad-based Bharat Dynamics Limited. HAL presented the winning bid of ₹511 crore to emerge as the sole manufacturer of the SSLV after the completion of the process of transfer of technology that is expected to take place over the next two years. "Under this technology-transfer agreement, HAL will have the capability to independently build, own and commercialise SSLV launches," Pawan Kumar Goenka, chairman, Indian National Space Promotion and Authorisation Centre (INSPACe), told a press conference here. HAL will be the third company to build rockets after space sector start-ups Skyroot Aerospace and Agnikul Cosmos. Mr. Goenka said nine companies had evinced interest in the transfer of technology of the SSLV, of which three were rejected. Of the remaining six, three chose not to apply. "The SSLV technology transfer marks a pivotal moment in India's transformative commercial space segment, as this is one of the first instances of a space agency transferring complete launch vehicle technology to a company," he said. Mr. Goenka said the Indian Space Research Organisation (ISRO) will handhold HAL and assist it in building two prototype rockets over the next two years. After that, the state-owned company is expected to independently produce six to 10 SSLVs every year, depending on the demand. "HAL will be free to improve on the design and select its own vendors from the third rocket after the two-year period," Mr. Goenka said. The SSLV was developed by the ISRO to launch small satellites into low-earth orbit at a shorter notice, a capability required by the defence forces in times of emergencies. "This collaboration marks a significant step towards strengthening India's commercial satellite-launch capabilities and more specifically, in enabling Indian industry in realising this SSLV," Radhakrishnan Durairaj, Chairman and Managing Director of New Space India Limited (NSIL), said. The move is part of efforts to allow the ISRO to focus more on research and hive off the routine activities of launching satellites, using proven launch vehicles to the industry. "We are looking forward to working closely under the ISRO and IN-SPACe's guidance to progress in phases and realise the end objectives. We are confident of steering a cohesive ecosystem that enables more small satellite launches from India's ports," D K Sunil, Chairman and Managing Director of HAL, said. The technology-transfer agreement will be signed among HAL, NSIL, ISRO and IN-SPACe. The agreement encompasses extensive training and handholding of HAL personnel by ISRO teams, both at ISRO and HAL facilities, for the realisation and launch of two SSLVs in the next two years.
&w=3840&q=100)
Business Standard
6 hours ago
- Business
- Business Standard
Isro transfers SSLV tech to defence major HAL in a ₹511 crore deal
Powering the small satellite market in India, the government on Friday announced the transfer of technology of the Small Satellite Launch Vehicle (SSLV) from the Indian Space Research Organisation (Isro) to public sector aerospace and defence major Hindustan Aeronautics Ltd (HAL) for Rs 511 crore through a competitive bidding process. HAL, along with the launch vehicles of companies like Agnikul Cosmos and Skyroot Aerospace, is expected to have around three rockets launched from India every fortnight in a few years' time, said Pawan Goenka, chairman of the Indian National Space Promotion and Authorisation Centre (IN-SPACe). This comes at a time when HAL, in collaboration with L&T, is involved in the production of the Polar Satellite Launch Vehicle (PSLV).This marks the first time the industry is responsible for the end-to-end production of SSLV rockets. The bidding process for SSLV involved a rigorous eligibility and evaluation framework. After careful scrutiny, three technically qualified bidders were shortlisted: Alpha Design Technologies Ltd, Bengaluru (leading a consortium with Agnikul Cosmos and Walchand Industries Ltd); Bharat Dynamics Ltd, Hyderabad (leading a consortium with Skyroot Aerospace, Keltron and BHEL); and HAL.'As India looks at realising the $44 billion space economy earmarked for 2033, it is imperative to enable a robust public-private partnership model. The SSLV technology transfer marks a pivotal moment in India's transformative commercial space segment, as this is one of the first instances of a space agency transferring complete launch vehicle technology to a company. Under this technology transfer agreement, HAL will have the capability to independently build, own and commercialise SSLV launches,' Goenka Technology Transfer Agreement will be signed among HAL, NewSpace India Ltd (NSIL), Isro and IN-SPACe. The agreement encompasses extensive training and handholding of HAL personnel by Isro teams, both at Isro and HAL facilities, for the realisation and launch of two SSLVs in the next two years.'The three bidders demonstrated a high level of technical competency to absorb the technology, and we appreciate the earnest effort put in by all three bidders in providing extensive documentation in support of the technical evaluation criteria. The launch vehicle system, being multidisciplinary in nature, would require the winning entity — HAL — to undergo rigorous handholding and training under Isro at both Isro's and the entity's facilities. This is aimed at realising the projected launch of two SSLVs from an Indian launch port,' said Rajeev Jyoti, director, Technical Directorate, IN-SPACe. The SSLV, developed by the Indian Space Research Organisation (Isro), is a low-cost rocket designed to place small satellites of up to 500 kg into low-Earth orbit (LEO).Radhakrishnan Durairaj, chairman and managing director, NSIL, said that India is expected to see around six to twelve launches a year of SSLVs in the coming years. 'We are pleased to be part of this SSLV technology transfer process that would enable HAL to develop this launch vehicle that would cater to launch-on-demand needs of global small satellite customers. This collaboration marks a significant step towards strengthening India's commercial satellite launch capabilities, and more specifically in enabling Indian industry in realising this SSLV,' Durairaj added.'In this milestone, India's national ambition takes priority. We're looking forward to working closely under Isro and IN-SPACe's guidance to progress in phases and realise the end objectives. We're confident of steering a cohesive ecosystem that enables more small satellite launches from India's ports,' said D K Sunil, chairman and managing director of HAL. This development reinforces India's commitment to privatising and democratising access to space technology, empowering Indian industry to play a leading role in space manufacturing and increasing small satellite launches, said a government statement.
Time of India
6 hours ago
- Business
- Time of India
Isro-HAL deal: HAL bags Small satellite launch vehicle tech transfer bid from Isro, beating Adani-backed Alpha Design Technologies, BDL-led consortia
Hindustan Aeronautics Limited (HAL) has won the bid for the transfer of technology (ToT) of the Small Satellite Launch Vehicle (SSLV), a key Isro project designed to rapidly launch payloads of up to 500 kg into low Earth orbit. Announcing the decision at a virtual press conference on Thursday, Indian National Space Promotion and Authorisation Centre (IN-SPACe) Chairman Pawan Goenka said HAL was selected over two competing consortia—one led by Alpha Design Technologies (backed by Adani Defence Systems and Technologies) and another by Bharat Dynamics Limited (BDL), PTI reported. "Isro will handhold HAL for two years, during which it must produce two SSLVs using the current design and supplier ecosystem. From the third rocket onwards, HAL will be free to enhance the design and onboard its own vendors," Goenka said. The Bengaluru-based PSU described the win as a major achievement. "It is a matter of pride for HAL to be entrusted with manufacturing SSLVs," said B Senapati, Director (Finance) at HAL. The SSLV, a three-stage vehicle powered entirely by solid propellants with a liquid-fuelled terminal stage (Velocity Trimming Module), has been developed to enable quick-response satellite launches—a critical capability for defence and commercial purposes. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like What She Did Mid-Air Left Passengers Speechless medalmerit Learn More Undo Designed for low cost, fast turnaround, and minimal infrastructure, SSLV offers flexibility in payload configurations and launch-on-demand feasibility. It can deliver satellites between 10 kg and 500 kg into 500 km circular orbits, with deployment possible at short notice, making it ideal for rapid mission readiness. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
News18
6 hours ago
- Business
- News18
HAL Wins Landmark Contract To Build India's SSLVs, Targets 6-12 Launches From 2027
Last Updated: ISRO will support HAL in developing first two prototypes over the next two years, after which HAL will take full responsibility for production, launches, global commercialisation. Bengaluru-based Hindustan Aeronautics Limited (HAL) is set to power India's small satellite launch ambitions, as it secured landmark contract to build, launch and market India's indigenous Small Satellite Launch Vehicle (SSLV). Under the agreement executed with ISRO, IN-SPACe, and NSIL, HAL will aim to manufacture at least 6-12 rockets every year from 2027, beginning with the production of two prototypes in the next two years. Designed by ISRO, the compact launcher is optimised to carry payloads of upto 500 kgs – especially mini, micro and nano-satellites – into 400-500 kms low earth orbit. ISRO has already completed three developmental flights for SSLV. These rockets are low-cost, require minimal infrastructure and offer rapid turnaround time – making them ideal for on-demand launches from global customers. 'This is one of the most comprehensive and complex technology transfers ever undertaken by ISRO," said Pawan Goenka, Chairman, IN-SPACe on Friday. 'HAL emerged as the highest bidder in a rigorous two-stage selection process that began with nine applicants and narrowed down to three shortlisted bidders. ISRO will work closely on the development of the first two prototypes in the next two years, after which HAL will independently handle the end-to-end manufacturing, launch and global marketing, and commercialisation of SSLVs," he added. TARGET 6-12 SSLV LAUNCHES EVERY YEAR The three technically-qualified bidders shortlisted were Alpha Design Technologies Ltd, Bengaluru (leading a consortium with Agnikul Cosmos & Walchand Industries Ltd.), Bharat Dynamics Ltd., Hyderabad (leading a consortium with Skyroot Aerospace, Keltron & BHEL); and Hindustan Aeronautics Ltd., Bengaluru (applying independently, not as part of a consortium). 'This is a moment of great pride for us, and it comes with a deep sense of responsibility. We're confident of steering a cohesive ecosystem that enables more small satellite launches from India's ports," said Dr DK Sunil, Chairman & Managing Director (CMD), HAL. The bid payment for Rs 511 crores will be done in a phased-manner over the next two years. It also marks the first instance of a space agency transferring complete launch vehicle technology to a company. HAL will undergo rigorous handholding and training under ISRO at both ISRO's and the entity's facilities. GROWING MARKET FOR SMALL SATELLITE LAUNCHES As the global market for smaller satellites continues to grow, India is positioning itself to become a leading hub for small satellite launches. The strategy is to make these launches highly cost-effective and appealing to the international players. 'SSLV's are especially designed to meet the growing demand for quick small satellite launches. The satellites are getting miniaturised and more constellations are being launched. This collaboration marks a significant step towards strengthening India's commercial satellite launch capabilities and more specifically in enabling Indian industry in realising this SSLV," said Radhakrishnan Durairaj, CMD, NSIL. Notably, HAL is already a key partner of ISRO in the indigenous production of the Polar Satellite Launch Vehicles (PSLV), as well as manufacturing parts of satellites. With the latest contract it has further cemented its position in India's expanding space programme, moving into a more commercial and independent role.
Business Upturn
6 hours ago
- Business
- Business Upturn
HAL wins ISRO's SSLV technology transfer bid, to lead mass production
By Aditya Bhagchandani Published on June 20, 2025, 15:48 IST Hindustan Aeronautics (HAL) on Friday announced that it has emerged as the successful bidder for the technology transfer of the Small Satellite Launch Vehicle (SSLV), developed by the Indian Space Research Organisation (ISRO). The deal includes the entire design and manufacturing technology of the SSLV, along with quality control, launch operations, post-flight analysis, and technical documentation. Additionally, HAL will receive comprehensive training and support for technology absorption. Under this agreement, HAL will lead the mass production of SSLVs to cater to both Indian and global demand, positioning itself as a key player in India's expanding private space ecosystem. The move marks a significant milestone for HAL as it deepens its role in India's space manufacturing sector, especially at a time when the government is pushing for greater private participation in space. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
