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ISRO ready to tap growing launch market; to involve pvt players as well; heres plan

ISRO ready to tap growing launch market; to involve pvt players as well; heres plan

Known for frugal and yet successful innovation, Indian Space Research Organization (ISRO) is all set to tap the growing international demand for products and services for outer space.

The Indian space agency wants to build on its growing reputation for low-cost yet effective satellite launching capabilities to become a key player in the global space arena.

To boost its satellite launching credentials further, several big-bang activities are being planned by Isro over the next five years: among them are a repeat mission to the moon to deploy a rover and 60 satellite launches.

Isro is also working on a smaller rocket that can be assembled in three days, effectively giving it the capability to launch satellites every week. Today, it takes around six weeks to assemble a rocket.

Yet given the scale of the opportunity globally and its own financial and manpower limitations — its 2017-18 budget is $1.4 billion as against Nasa’s $19.1 billion —Isro is not looking to go alone.

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ISRO ready to tap growing launch market; to involve pvt players as well; heres plan
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