Latest news with #SmallSatelliteLaunchVehicle
Time of India
08-05-2025
- Business
- Time of India
ISRO to launch 52 spy satellites over next 5 years: INSPACe chairman Pawan Goenka
India is stepping up its space-based surveillance capabilities by putting in orbit a constellation of 52 satellites over the next five years with a strong participation from the private sector, the top boss of a key nodal agency has said. "We have fairly strong capabilities already. It is just that it needs constant enhancement," Pawan Kumar Goenka, Chairman, Indian National Space Promotion and Authorization Centre (IN-SPACe) told PTI on the sidelines of the Global Space Exploration Conference-2025 here. Goenka said over the next five years, 52 satellites will be launched to increase the surveillance capabilities for the defence sector. "So far, this was primarily done by ISRO , we will bring in the private sector as we move forward to enhance surveillance capabilities," he said. The satellites will help the Indian Army, Navy, and Air Force, track enemy movements, monitor borders, and improve real-time coordination during military operations. "The private sector will deliver half of the 52 satellites, while the rest will be built by ISRO," said Goenka, who heads the space sector regulator and promoter. Goenka made it clear that decisions to further enhance the surveillance capabilities will have to be taken by the Union Home Ministry and the defence forces. He said ISRO is also in the process of transferring technology of the Small Satellite Launch Vehicle (SSLV) to the private sector. An SSLV is developed to launch small satellites into low earth orbit at a shorter notice, a capability required by the defence forces in times of emergencies. Such vehicles are capable of launching satellites weighing 10kg to 500kg mass into a 500 km circular orbit. An SSLV is a three-stage launch vehicle with all solid propulsion stages and liquid propulsion based Velocity Trimming Module (VTM) as terminal stage. The design drivers of SSLV are low cost, low turn-around time, flexibility in accommodating multiple satellites, launch on demand feasibility, and minimal launch infrastructure requirements. "The transfer of technology for SSLV is imminent now," Goenka said, indicating that it may be announced over the next fortnight.
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Business Standard
07-05-2025
- Business
- Business Standard
India to launch 52 spy satellites over next five years: INSPACe chairman
India will put in orbit a constellation of 52 satellites over the next five years to step up space-based surveillance capabilities, Pawan Kumar Goenka, chairman, Indian National Space Promotion and Authorisation Centre (IN-SPACe) said on Wednesday. He said the move will see strong participation from the private sector. Speaking to PTI on the sidelines of the Global Space Exploration Conference 2025 here, Goenka said, "We have fairly strong capabilities already. It is just that it needs constant enhancement." He said the plan is intended at increasing surveillance capabilities of the defence sector. "So far, this was primarily done by ISRO (Indian Space Research Organisation). We will bring in the private sector as we move forward," he said. The satellites will help the Indian Army, Navy and Air Force track enemy movements, monitor borders, and improve real-time coordination during military operations. "The private sector will deliver half of the 52 satellites, while the rest will be built by ISRO," said Goenka, who heads the space sector regulator and promoter. Goenka, however, clarified that the decisions to further enhance the surveillance capabilities will have to be taken by the Union Home Ministry and the defence forces. He said ISRO is also in the process of transferring the Small Satellite Launch Vehicle (SSLV) technology to the private sector. The SSLV is developed to launch small satellites into low earth orbit at a shorter notice, a key capability required by the defence forces in times of emergencies. They are capable of launching satellites weighing 10-500 kilograms into a 500 kilometre circular orbit. The design drivers of SSLV are low cost, low turnaround time, flexibility in accommodating multiple satellites, launch on demand feasibility, and minimal launch infrastructure requirements. "The transfer of SSLV technology is imminent now," Goenka said, indicating that it may be announced over the next fortnight.
Economic Times
07-05-2025
- Business
- Economic Times
India to launch 52 spy satellites over next five years: INSPACe chairman
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel India will put in orbit a constellation of 52 satellites over the next five years to step up space-based surveillance capabilities Pawan Kumar Goenka , chairman, Indian National Space Promotion and Authorisation Centre ( IN-SPACe ) said on Wednesday. He said the move will see strong participation from the private to PTI on the sidelines of the Global Space Exploration Conference 2025 here, Goenka said, "We have fairly strong capabilities already. It is just that it needs constant enhancement."He said the plan is intended at increasing surveillance capabilities of the defence sector."So far, this was primarily done by ISRO (Indian Space Research Organisation). We will bring in the private sector as we move forward," he satellites will help the Indian Army, Navy and Air Force track enemy movements, monitor borders, and improve real-time coordination during military operations."The private sector will deliver half of the 52 satellites, while the rest will be built by ISRO," said Goenka, who heads the space sector regulator and however, clarified that the decisions to further enhance the surveillance capabilities will have to be taken by the Union Home Ministry and the defence said ISRO is also in the process of transferring the Small Satellite Launch Vehicle (SSLV) technology to the private SSLV is developed to launch small satellites into low earth orbit at a shorter notice, a key capability required by the defence forces in times of emergencies. They are capable of launching satellites weighing 10-500 kilograms into a 500 kilometre circular design drivers of SSLV are low cost, low turnaround time, flexibility in accommodating multiple satellites, launch on demand feasibility, and minimal launch infrastructure requirements."The transfer of SSLV technology is imminent now," Goenka said, indicating that it may be announced over the next fortnight.
Zawya
14-02-2025
- Business
- Zawya
Adani-backed firm among three finalists in India's small satellite launch rocket privatisation
Indian conglomerate Adani Group is a finalist, alongside two government-linked groups, to take over private production of India's Small Satellite Launch Vehicle, three sources familiar with the matter told Reuters. The SSLV, developed by the Indian Space Research Organisation, is a low-cost vehicle capable of deploying satellites of up to 500 kg (1,100 pounds) into low-Earth orbit, or LEO - the most sought after segment of the satellite launch market. After its first successful launch in 2023, the government moved to transfer the vehicle's production and technology to private industry as part of a broader push to expand India's commercial space sector. That move has been the highest-profile piece of India's privatisation efforts, which the government hopes will help the country claim a greater share of the booming global satellite launch market, dominated by private players such as SpaceX. 'LEO is the name of the game right now, so the potential winner has the opportunity to really tap into a rapidly growing market,' said Damodaran Raman, a director at Deloitte who soecialises in space tech. About 20 companies initially expressed interest in bidding for the SSLV, the first privatisation of its kind under Prime Minister Narendra Modi's policy drive to open up India's space industry. The three finalist consortiums include Alpha Design Technologies, in which Adani Defence Systems and Technologies owns a stake; state-backed Bharat Dynamics Limited; and Hindustan Aeronautics Limited. Reuters could not verify the exact structure of each bidding group. The companies did not respond to Reuters requests for comment. The sources did not want to be named because details of the bids are not public. The winning company is expected to pay India's space agency about 3 billion rupees ($30 million) for the SSLV, covering design know-how, manufacturing processes, quality-assurance training, and up to 24 months of technical support or two successful launches, according to one of the sources. Beyond financial capability, bidders must demonstrate the ability to manufacture, sustain, and sell the SSLV. A second source familiar with the matter said the limited availability of launch slots with major industry players such as SpaceX presents a significant opportunity for new entrants, with the possibility of positioning themselves as a go-to launch partner for South Asia. The global satellite launch vehicle market is projected to grow from $5.6 billion in 2025 to $113 billion by 2030, with low-Earth orbit launches dominating, according to research firm Mordor Intelligence. India accounts for only 2% of the global space economy. The Modi government aims to expand that share fivefold to $44 billion by the end of the decade. Companies vying for the SSLV contract were required to be profitable, with the lead bidder having at least five years of manufacturing experience and an annual revenue of at least 4 billion rupees ($50 million), according to India's space regulator. ($1 = 86.9500 Indian rupees) ($1 = 86.7540 Indian rupees) (Reporting by Nivedita Bhattacharjee in Bengaluru. Editing by Gerry Doyle)
Reuters
14-02-2025
- Business
- Reuters
Exclusive: Adani-backed firm among three finalists in India's small satellite launch rocket privatisation
BENGALURU, Feb 14 (Reuters) - Indian conglomerate Adani Group is a finalist, alongside two government-linked groups, to take over private production of India's Small Satellite Launch Vehicle, three sources familiar with the matter told Reuters. The SSLV, developed by the Indian Space Research Organisation, is a low-cost vehicle capable of deploying satellites of up to 500 kg (1,100 pounds) into low-Earth orbit, or LEO - the most sought after segment of the satellite launch market. After its first successful launch in 2023, the government moved to transfer the vehicle's production and technology to private industry as part of a broader push to expand India's commercial space sector. That move has been the highest-profile piece of India's privatisation efforts, which the government hopes will help the country claim a greater share of the booming global satellite launch market, dominated by private players such as SpaceX. 'LEO is the name of the game right now, so the potential winner has the opportunity to really tap into a rapidly growing market,' said Damodaran Raman, a director at Deloitte who soecialises in space tech. About 20 companies initially expressed interest in bidding for the SSLV, the first privatisation of its kind under Prime Minister Narendra Modi's policy drive to open up India's space industry. The three finalist consortiums include Alpha Design Technologies, in which Adani Defence Systems and Technologies owns a stake; state-backed Bharat Dynamics Limited ( opens new tab; and Hindustan Aeronautics Limited ( opens new tab. Reuters could not verify the exact structure of each bidding group. The companies did not respond to Reuters requests for comment. The sources did not want to be named because details of the bids are not public. The winning company is expected to pay India's space agency about 3 billion rupees ($30 million) for the SSLV, covering design know-how, manufacturing processes, quality-assurance training, and up to 24 months of technical support or two successful launches, according to one of the sources. Beyond financial capability, bidders must demonstrate the ability to manufacture, sustain, and sell the SSLV. A second source familiar with the matter said the limited availability of launch slots with major industry players such as SpaceX presents a significant opportunity for new entrants, with the possibility of positioning themselves as a go-to launch partner for South Asia. The global satellite launch vehicle market is projected to grow from $5.6 billion in 2025 to $113 billion by 2030, with low-Earth orbit launches dominating, according to research firm Mordor Intelligence. India accounts for only 2% of the global space economy. The Modi government aims to expand that share fivefold to $44 billion by the end of the decade. Companies vying for the SSLV contract were required to be profitable, with the lead bidder having at least five years of manufacturing experience and an annual revenue of at least 4 billion rupees ($50 million), according to India's space regulator. ($1 = 86.9500 Indian rupees) ($1 = 86.7540 Indian rupees)
