HAL Small Satellite Launch Vehicle Manufacturing
Sector: Telecommunications • Location: Bengaluru, Karnataka, India
Source: The New Indian Express
Hindustan Aeronautics Limited (HAL) will manufacture small satellite launch vehicles (SSLVs) for the first time, with technology transfer support from ISRO. HAL signed an MoU with IN-SPACe, ISRO, and NSIL to build SSLVs. HAL won a Rs 511 crore tender and will receive payments in phases over two years. ISRO will hand-hold HAL for two years to transfer technology, during which HAL will build two veh
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Status
Original status | awarded |
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Description
Description | Hindustan Aeronautics Limited (HAL) will manufacture small satellite launch vehicles (SSLVs) for the first time, with technology transfer support from ISRO. HAL signed an MoU with IN-SPACe, ISRO, and NSIL to build SSLVs. HAL won a Rs 511 crore tender and will receive payments in phases over two years. ISRO will hand-hold HAL for two years to transfer technology, during which HAL will build two vehicles. From the third year, HAL can independently partner with private firms and modify vehicle designs according to government and ISRO guidelines. HAL is expected to start independent deliveries from August 2027, ensuring 6-8 launches annually, with financial responsibility for delays on HAL. |
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Original Currency | USD |
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Source reliability | High |
Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
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