New Delhi: Union Minister of State Science & Technology; Minister of State Earth Sciences; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh said, ISRO has signed six agreements with four countries for launching foreign satellites during 2021-2023.
In a written reply to a question in the Rajya Sabha today, Dr Jitendra Singh informed that about 132 Million Euros would be earned through launching of these foreign satellites on a commercial basis.
Indian Space Research Organisation (ISRO) through its commercial arm, New Space India Limited (NSIL), a Govt. of India company under Department of Space (DOS), has been launching satellites belonging to other countries on-board Polar Satellite Launch Vehicle (PSLV), on a commercial basis.
NSIL as on date has signed six Launch Service Agreements with customers from four countries for launching foreign satellites into space on-board PSLV during 2021-2023. A total number of 124 indigenous satellites have been put into Earth’s orbit including 12 student satellites.
In another written reply to a similar question in the Rajya Sabha today, Dr Jitendra Singh informed that starting from 1999 till date, a total of 342 foreign satellites belonging to 34 countries have been successfully launched on board Indian Polar satellite Launch Vehicle (PSLV) on a commercial basis.
The Minister said that through launching of foreign satellites on-board Indian launch vehicle, India has earned a Foreign Exchange revenue of approx. 35 Million USD and 10 Million Euros during last 3 years (i.e., 2019- 2021).The type of foreign satellites that were launched through Indian Launch Vehicle includes satellites primarily for Earth Observation, Scientific and Technology demonstration purposes.