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 ...
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 ...
India to develop and launch 26 satellites indigenously
The Dollar Business Bureau The Government of India, in its latest release on Wednesday, informed that India is currently focusing at indigenous development of satellites and also said that it would use the satellite technology for development of rural areas. According to the official release, the country is intended to develop 26 indigenous satellites under 12th Five Year Plan (2012-17), while it also informed about the country’s 27 satellites that are currently under operation. The release further says that the 26 indigenous satellites include 6 Communication satellites, 13 Earth observation satellites, 4 Navigation satellites and 3 Space science satellites. Whereas the currently operating 27 satellites include 11 Communication Satellites, 12 Earth Observation Satellites, 3 Navigational Satellites and 1 Mars Orbiter ...
