ISRO inks agreement with HAL for transfer of SSLV technology, Pg14

Key Highlights:

• ISRO signed an agreement with Hindustan Aeronautics Ltd (HAL) for the transfer of Small Satellite Launch Vehicle (SSLV) technology.
• The agreement marks the 100th transfer of technology facilitated by IN-SPACe.
• The technology transfer process is expected to be completed within 24 months.
• HAL will independently build SSLVs for domestic and international markets.

Detailed Insights:

• The agreement aims to increase industry participation in the space sector and enable HAL to offer cost-competitive small-satellite launches.
• ISRO will provide training and technical support to HAL during the technology transfer process.
• SSLV is designed to cater to the increasing demand for launching small satellites into low earth orbits, offering a flexible and cost-effective solution.
• NewSpace India Limited (NSIL) and IN-SPACe are playing crucial roles in promoting and facilitating private sector involvement in space activities.

Key Concepts Involved:

• SSLV: A small satellite launch vehicle designed for launching small satellites into low earth orbit.
• IN-SPACe: An autonomous agency that promotes and regulates private sector participation in space activities in India.
• Technology Transfer: The process of sharing skills, knowledge, technologies, and methods of manufacturing among governments or private sector.