Yet another satellite to be launched by India on May 5
The Dollar Business Bureau Come Friday, and India will launch a Satellite from the Sriharikota base. The South Asian Satellite is intended to be used for the South Asian Association of Regional Cooperation (SAARC). It will be launched on 5th May, the Prime Minister informed listeners during his Mann ki Baat Radio address on Sunday and the facilities it would offer to the region. Modi referred to the satellite as one in line with the inclusive development-spirit of the ‘Sabka Saath, Sabka Vikas’ concept. He was quoted in the official PMO website as saying, “It (Sabka Saath, Sabka Vikas) is not limited to the confines of India. It applies to the global context too. And very specially to our neighbouring countries. May our neighbouring countries ...
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 ...
