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 ...
US nominee for Director of National Intelligence startled with ISRO's record launch
The Dollar Business Bureau ISRO's record launch of 104 satellites on February 15, 2017 has created ripples of shock and awe around the world. The USA is no exception in this regard. Even with a string of merits to its national space programs, America finds this hard to believe. Donald Trump's top contender for the position of Director of National Intelligence, Dan Coats, expressed surprise and disbelief when he heard the news, and said that the USA couldn't afford to lag behind. “I was shocked the other day to read that India, on one rocket launch, deposited more than 100 satellites in space,” the flabbergasted former Senator said, during his confirmation hearing for the post. If appointed, Dan Coats will head a ...
India capable of developing space station: ISRO chief
The Dollar Business BureauAfter India’s polar satellite launch vehicle (PSLV) launched a record 104 satellites in a single mission last week, Indian Space Research Organisation (ISRO) on Monday said India has the ability to create a space station, but it needs to have long-term planning and necessary funds. ISRO Chairman A S Kiran Kumar on Monday said: "We have all the capabilities to set up a space station. The day the country takes the decision, we will 'ok' the project. Just draw a policy and provide us necessary funds and time. He was speaking in Indore at the foundation day ceremony of Raja Ramanna Center for Advanced Technology (RRCAT). "We still talk about what would be the immediate benefits of a manned space ...
ISRO launches 20 satellites all at once!
The Dollar Business The Indian Space Research Organisation (ISRO) has launched a record of 20 satellites in a single mission from the Satish Dhawan Space Centre at Sriharikota in Andhra Pradesh. The Polar Satellite Launch Vehicle C-34 (PSLV C-34) has launched 20 satellites including 17 foreign payloads, from US, Germany, Canada and Indonesia. The country’s earth observation-satellite is among the satellites of Google’s Terra Bella’s SkySat Gen2, former NASA employee’s Planet Labs Dove Satellites and 2 satellites made by the students of Sathyabhama Univ, Chennai and College of Engineering Pune. The rocket with the satellite weighs 1288 kg and was launched into orbit at 9.26am. This is considered to be the biggest ever mission for ISRO! The launching of 20 satellites is a demonstration ...
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 ...
'Private players role vital to achieve competitiveness in defence sector'
The Dollar Business Bureau India needs to have a long-term strategy to ensure the growth of the defence industry involving private players as production partners, said former president and scientist APJ Abdul Kalam. Kalam, who has spent decades with the Defence Research and Development Organisation (DRDO) and Indian Spare Research Organisation (ISRO), said that regulations and control procedures should be implemented in managing private industries for manufacturing of defence systems. “Encouraging high-technology tie-ups and joint ventures between Indian and other global defence industries will achieve not only competitiveness but also envisage the product for export. India cannot afford to lose any more time in pondering the issue,” he said. Kalam also insisted for the setting up of a national-level ...
Indias growth key for SAARC nations: Pakistan High Commissioner
The Dollar Business Bureau Pakistan on Monday called India to strive hard for achieving higher growth rates, saying that the growth of Indian economy is key for South Asia and the entire SAARC (South Asian Association for Regional Cooperation). The Pakistan High Commissioner, Abdul Basit called on India to make sure it achieves key economic goals, while expressing confidence that ‘If India rises, the entire SAARC region will also rise with India’. The official further said that there is a need to create a level-playing field and inter-dependencies among the SAARC nations, saying these two factors form the basis for modern economic diplomacy. Stating that politics often drums economies, the Pakistan High Commissioner expressed hope that the economic development ...