Private Sector Participation In Space

Encouraged by high-profile successes elsewhere, India wants its private space companies to increase their share of the global launch market by fivefold within the next decade — an effort boosted by the personal support of Prime Minister Narendra Modi. At the end of 2022, Skyroot Aerospace, whose investors include Sherpalo Ventures and Singapore's...

The government will soon unveil a new space policy to further increase private participation. This step could see the rise of India's own ‘SpaceX-like ventures’, state Principal Scientific Advisor Ajay Kumar Sood. SpaceX, founded by Elon Musk in 2002, is a private space transportation company that designs, manufactures and launches advanced roc...

Sources in the Ministry of Space said that 27 proposals from private entities were received so far for undertaking various space activities in India.

Union Minister for Electronics and IT, Communications and Law and Justice, Ravi Shankar Prasad on Friday lauded Prime Minister Narendra Modi-led Centre for allowing private companies to participate in India's space sector.

Dismissing fears about privatisation of the Indian Space Research Organisation, ISRO, its Chairman and Space Department Secretary K Sivan said the recently announced space sector reforms - allowing participation of private players - will allow the agency to move away from the routine and better utilise its resources for "technology development and ...

The recently announced space sector reforms are not aimed at privatisation of Indian Space Research Organisation (ISRO), its Chairman and Secretary in the Department of Space, K Sivan asserted on Thursday.

In a major reform in the India's space arena, the private sector will now be allowed to carry out space activities like building of rockets, satellites and providing launch services, ISRO chief K Sivan said on Thursday.

The Union cabinet today gave a green signal to a series of reforms in the space sector which would boost private sector participation in all spheres. This would include some of the planetary exploration missions which will be opened through an 'announcement of opportunity' mechanism, the government said.

Encouraged by high-profile successes elsewhere, India wants its private space companies to increase their share of the global launch market by fivefold within the next decade — an effort boosted by the personal support of Prime Minister Narendra Modi. At the end of 2022, Skyroot Aerospace, whose investors include Sherpalo Ventures and Singapore's...

The government will soon unveil a new space policy to further increase private participation. This step could see the rise of India's own ‘SpaceX-like ventures’, state Principal Scientific Advisor Ajay Kumar Sood. SpaceX, founded by Elon Musk in 2002, is a private space transportation company that designs, manufactures and launches advanced roc...

Sources in the Ministry of Space said that 27 proposals from private entities were received so far for undertaking various space activities in India.

Union Minister for Electronics and IT, Communications and Law and Justice, Ravi Shankar Prasad on Friday lauded Prime Minister Narendra Modi-led Centre for allowing private companies to participate in India's space sector.

Dismissing fears about privatisation of the Indian Space Research Organisation, ISRO, its Chairman and Space Department Secretary K Sivan said the recently announced space sector reforms - allowing participation of private players - will allow the agency to move away from the routine and better utilise its resources for "technology development and ...

The recently announced space sector reforms are not aimed at privatisation of Indian Space Research Organisation (ISRO), its Chairman and Secretary in the Department of Space, K Sivan asserted on Thursday.

In a major reform in the India's space arena, the private sector will now be allowed to carry out space activities like building of rockets, satellites and providing launch services, ISRO chief K Sivan said on Thursday.

The Union cabinet today gave a green signal to a series of reforms in the space sector which would boost private sector participation in all spheres. This would include some of the planetary exploration missions which will be opened through an 'announcement of opportunity' mechanism, the government said.