India earned Rs.209 crore by launching five British satellites
Source: PIB, Government of India Revenue accrued by launching satellites The total value of the transaction agreement entered into between Antrix Corporation Limited, the commercial arm of Department of Space and DMC International Imaging (DMCii), a wholly owned subsidiary of Surrey Satellite Technology Limited (SSTL), UK for launch of 5 British Satellite’s viz. DMC3-1, DMC3-2, DMC3-3, CBNT-1 and De-orbitsail, is 28 million euros (Rs.209.41 crores). The total revenue of 28 million euros (Rs.209.41 Crores) has accurued to Antrix as these satellites have been launched under commercial agreement between Antrix Corporation Limited and M/s. DMCii. From 1999 till date, 45 foreign satellites from 19 countries have been successfully launched using PSLV under commercial arrangement between Antrix Corporation Limited and the foreign ...
ISRO earns $17 mn and 78.5 mn Euros through launching of satellites of foreign countries
Source: PIB, Government of India The Government, through Antrix Corporation Limited (Antrix), the commercial arm of Department of Space, is generating income through launching of satellites of foreign countries on-board ISRO’s launch vehicle. Till date, 45 satellites from 19 countries have been successfully launched using ISRO’s Polar Satellite Launch Vehicle (PSLV), under commercial arrangement. The total income earned through launching of these satellites of foreign countries amounts to approximately $17 Million and 78.5 Million Euros. The launch missions conducted by ISRO for launching Indian satellites are intended for National development. The Antrix has signed agreements for launching 28 more foreign satellites from 6 countries viz., Algeria (3), Canada (4), Germany (4), Indonesia (2), Singapore (6) and USA (9). The launches ...
