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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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Financial Express broke the news in Uttar Pradesh, India on Thursday, June 19, 2025.
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