ISRO plans pvt sector hand for PSLV launch in 5 years

Written By Unknown on Senin, 08 April 2013 | 18.00

Moving forward on its plan to rope in the private sector, the Indian Space Research Organisation (ISRO) is looking towards the launch of the first privately-built rocket in the next five years. ISRO has embarked on a move to hive off production of communication satellites and polar satellite launch vehicles (PSLVs) to the industry.

"We are now setting up a national committee to work out the modalities on how to go about it," ISRO chairman K Radhakrishnan told PTI when asked about the agency's plans to rope in the private sector for producing PSLVs and communication satellites. He said the space agency had told the private-sector industry representatives at a meeting in Ahmedabad in January that it was looking at offering contracts to manufacture PSLVs and communication satellites.

"My target is five years from now. In five years, the first PSLV will roll out from a private facility," Radhakrishnan said. He said the proposed national committee would look at various steps in this regard, including revenue models, technology transfer and related matters. The space agency is keen to focus on unique science projects, develop remote sensing satellites and conduct more research and development instead of engaging in the repititive exercise of building communication satellites and launch vehicles.

Currently private sector participation in development of communication satellites is upto 80 percent. If satellites and launch vehicles can be produced by private industry participants, ISRO scientists will be able to concentrate on research and have greater involvement in academic institutions.



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