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Projects: Indian StartUps to launch space satellites

Fiinews by Fiinews
October 12, 2022
in Projects
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Dr Jitendra Singh speaking on StartUps in Space industry on 10 Oct 2022.

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L&T-HAL producing five PSLVs

Indian StartUps will soon launch Space satellites as well as satellite constellations and try their rockets, Minister of State for Space Dr Jitendra Singh said on 10 Oct 2022.

The Minister also informed that five PSLVs are being domestically produced by L&T and HAL, while OneWeb is all set to launch their satellites through ISRO and NSIL.

Speaking at the India Space Conclave in Delhi on the occasion of first anniversary of the Indian Space Association, ISpA, Dr Jitendra Singh said, “Space reforms have unleashed the innovative potentials of start-ups and within a short span of time, from a couple of Space Start-ups three-four years back, today we have 102 start-ups working in cutting-edge areas of space debris management, nano-satellite, launch vehicle, ground systems, research etc.”

With the integration of R&D, Academia and Industry with equal stake, it is safe to say that a Space Revolution led by ISRO along with the Private Sector and Start-ups is on the horizon, he added.

“The strength and innovative potential of our young and private industrial enterprise will take a lead in the global space technology disruption in times to come.”

He hoped that India’s young technology wizards shall breach new barriers in the field of Space Technology while they set out to address the limitless opportunities offered by the Space Domain.

Dwelling on the strategic relevance of Space in view of recent global conflicts, Dr Jitendra Singh said, “Space, a dual-use technology domain, is emerging as an important multi-faceted enabler that provides unprecedented reach.”

He added that many nations are today focusing on developing their military space capabilities to ensure its safe, secure and friendly use along with deterrence capability to deny it to adversaries, when necessary.

The Minister also unveiled a sector report titled “Developing the space ecosystem in India: focussing on inclusive growth”.

“The achievements of ISRO have earned us both global recognition as well as admiration and it’s no less than an honour when ISRO is carving a special place in astronomical space with the World’s largest constellation of remote-sensing satellites.” fiinews.com

Tags: Ministry of Space
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