In 2023, the Indian Space Research Organization (ISRO) will shift its focus to science investigations with dedicated missions to the Sun and Moon, Aditya and Chandrayaan-3 respectively), even as the young start-up industry is expected to boom in the space applications sector. .
Space industry achieved some important milestones in 2022, with NewSpace India Limited (NSIL) awarding 860 crore contract to the space group formed from Larsen & Toubro (L&T) and Hindustan Aeronautics Limited for the commercial development of the following five Polar Satellite Launch Vehicles (PSLVs).
With Skyroot Aerospace’s Vikram-S rocket, the first suborbital launch by a commercial venture, and the launch of Pixel’s hyperspectral satellites Shakuntala and Anand on SpaceX’s Falcon-9 and ISRO’s PSLV in April and November respectively, Indian start-ups Marked his presence. familiar.
The Gaganyaan project, India’s first human space flight, will carry out several experiments in 2023. The first unmanned mission, scheduled for the last quarter of the year, will test the effectiveness of the orbital module propulsion system, the project’s human-rated launch vehicle. , and recovery procedures.
Union Minister of State in the Prime Minister’s Office Jitendra Singh had earlier told Parliament in December that the first runway landing experiment of the Reusable Launch Vehicle (RLV-LEX) would also be conducted by ISRO in early 2023 at the Aeronautical Test Range in Chitradurga, Karnataka. Will go
A customer satellite will be launched into orbit by Skyroot Aerospace, which launched India’s first privately built rocket in November, sometime in 2019. Its highly customizable fireball rocket.
According to Pixxel co-founder and CEO Awais Ahmed, the early orbital launch of many more rocket businesses around the world will result in a rocket-themed game of thrones as they compete for the same set of customers that launch satellites into orbit. We do.
We are developing six commercial hyperspectral imagery satellites which will be ready for launch next year, Ahmed told PTI.
Thybolt 1 and Thybolt 2 were launched by Dhruvaspace on ISRO’s PSLV C-54 mission to demonstrate the feasibility of amateur satellite communications, which will aid ham radio operations. According to CFO Chaitanya Dora Surpureddy, Dhurvaspace has already signed Rs 20 crore commercial deal for development of satellites.
(with agency inputs)
catch all business News, market news, today’s fresh news events and Breaking News Update on Live Mint. download mint news app To get daily market updates.