Fighter Jet Maker Hindustan Aeronautics Limited Bags Transfer of Technology of SSLV From ISRO for ₹511 Crore
- Hindustan Aeronautics Limited secured a ₹511 crore contract announced on Friday to obtain the technology transfer necessary for developing and operating the Indian Space Research Organisation’s compact satellite launcher designed for payloads under 500 kg.
- This follows a rigorous two-step selection where HAL outbid Alpha Design Technologies and Bharat Dynamics in a process to open India's space launch market.
- Under a two-year agreement, ISRO will handhold HAL to develop and launch two SSLVs, after which HAL can independently build, commercialize, and improve designs.
- HAL plans six to 12 SSLV launches yearly post-training, with NSIL conducting 15 launches before HAL's roll-out starting October 2025, aiming at small satellite demand locally and abroad.
- This transfer marks a key shift in India's commercial space sector by enabling private launch capacity with launch liability shared between HAL and the Government of India.
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HAL Selected for Transfer of Technology for Small Satellite Launch Vehicle by IN-SPACe
Get latest articles and stories on India at LatestLY. In a significant milestone, Hindustan Aeronautics Limited (HAL) has been selected for the Transfer of Technology (ToT) of the Small Satellite Launch Vehicle (SSLV) by the Indian National Space Promotion and Authorisation Centre (IN-SPACe). India News | HAL Selected for Transfer of Technology for Small Satellite Launch Vehicle by IN-SPACe.
Fighter jet maker Hindustan Aeronautics Limited bags transfer of technology of SSLV from ISRO for ₹511 crore
HAL presented the winning bid of ₹511 crore to emerge as the sole manufacturer of the SSLV after the completion of the process of transfer of technology that is expected to take place over the next two years.
·New Delhi, India
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