ISRO Forms Company To Launch Satellites
BENGALURU—India’s state space agency has set up a commercial arm, the New Space India Limited, or NSIL—to exploit new research and technology and launch satellites.
The Indian government has incorporated NSIL as a central public sector enterprise to commercially leverage the research and development (R&D_ work of the Indian Space Research Organization (ISRO) as well as constituent units of the Department of Space, according to Jitendra Singh, India’s minister of state for space and atomic energy.
Another public sector undertaking (PSU) that acts as a commercial arm of ISRO is Antrix Corporation Ltd.
NSIL’s jobs will include small satellite technology transfer to industry. Its other functions will be building ISRO’s Small Satellite Launch Vehicles (SSLV) together with the private sector, and co-production of the Polar Satellite Launch Vehicle (PSLV).
The new venture will look after the mass production and marketing of space-based products and services, and help market spin-off technologies and products both in India and abroad.
The NSIL will “enable Indian industries to scale up [the] high-technology manufacturing and production base for meeting the growing needs of the Indian space program and further spur the growth of Indian industries in the space sector,” Singh says.
The formation of NSIL is part of the Indian government’s continuing efforts to build a consortium of private manufacturers and state-run enterprises to build hardware for launch vehicles. The initiative is aimed at helping the space agency focus on R&D while companies work on satellite and rocket manufacturing.
—Asia Pacific Staff