ISRO signs agreement with HAL for the transfer of Small Satellite Launch Vehicle (SSLV) technology
In a major step toward privatizing the Indian space sector, ISRO has signed a formal agreement with Hindustan Aeronautics Ltd. (HAL) for the transfer of Small Satellite Launch Vehicle (SSLV) technology. Facilitated by IN-SPACe, this marks the 100th such technology transfer. HAL outbid a consortium led by Alpha Design Technologies for the rights. The agreement aims to complete the technology transfer within 24 months, enabling HAL to independently build SSLVs for domestic and international markets. This move is expected to provide cost-competitive launch services for the growing global small satellite market and increase industry participation.
Key Points
- HAL secured the SSLV technology transfer after outbidding an Adani-backed consortium in a competitive process.
- The transfer is facilitated by IN-SPACe (Indian National Space Promotion and Authorisation Centre) to promote private industry.
- The goal is to enable the private sector to build and launch SSLVs independently for global customers.
- The technology transfer process is scheduled to be completed within a 24-month timeline.
Exam Facts
- 100th transfer of technology agreement facilitated by IN-SPACe.
- SSLV: Small Satellite Launch Vehicle.
- Timeline for transfer: 24 months.
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