The interest comes after the success of ISRO’s missions, including Chandrayaan-3.
Bangalore:
Considering the success of ISRO’s numerous missions, as many as 23 companies have shown interest in acquiring the Indian space agency’s Small Satellite Launch Vehicle technology, a top official said on Thursday.
Indian National Space Promotion and Authorization Center (IN-SPACe) Chairman Pawan K Goenka said they are keen to see how the private sector uses the Small Satellite Launch Vehicle (SSLV) technology.
“There has been a huge response, 23 companies have shown interest (so far) in applying for this technology. Of course, only one of them will get the technology,” he said.
IN-SPACe, an autonomous hub under the Department of Space (DOS), established in 2020 to promote, enable, authorize and oversee non-governmental entities (NGEs) to undertake space activities, had in July published an Expression of Interest (EoI) for Technology Transfer (ToT) from SSLV, with a last date to respond on 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 the private sector. There is a lot happening in that area and the biggest one of course is the transfer of SSLV technology, where we are transferring the technology launch the lock, stock and barrel of the vehicle completely to the private sector,” said Mr Goenka.
Addressing the opening function of the International Conference on Space, organized by the Confederation of Indian Industry (CII), here, he said: This is perhaps the first example where an agency anywhere in the world has completed the complete design of a launch vehicle transferred to the private sector.
Noting that there are 42 applications or space technologies to be transferred to the private sector, Mr. Goenka said ISRO is working very closely with IN-SPACe and vice versa to get the process underway and 19 technologies are ready for transfer.
IN-SPACe is working with the state governments on the manufacturing aspect, he said, adding that the idea is to try to get a comprehensive infrastructure, with a plug-and-play like setup for the industries that focus on manufacturing , where infrastructure will be developed. are provided by the state government.
“We are in the process of signing an MoU with one state and we are working with another state to make that happen,” Mr Goenka added.
He also said that India’s space economy is currently at $8 billion and the vision is to take it to $44 billion by 2033. “A lot of work is being done and everyone will have an important role to play in this,” he said. .
A ‘Catalogue of Indian Standards for Space Industry’ developed by INSPACe and Bureau of Indian Standards (BIS) and containing fifteen standards that will be recommended for private players to follow was also released on the occasion.
Sarah Storey, Deputy High Commissioner of the Australian High Commission, during her speech, reiterated her country’s commitment to collaborate and collaborate with India in the space sector, while Australian Space Agency Chief Enrico Palermo, via a video message at the conference, highlighted common areas of focus for both countries to work together.
Both praised India’s achievements in the space sector, especially the Chandrayaan-3 and Aditya L1 missions.
(Except for the headline, this story has not been edited by DailyExpertNews staff and is published from a syndicated feed.)
