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NewSpace India Limited

From Wikipedia, the free encyclopedia
Public Sector Undertaking of Indian space agency

NewSpace India Limited
Company typePublic Sector Undertaking
Industry
Founded6 March 2019; 6 years ago (2019-03-06)[1]
HeadquartersHFSC Building, ISRO HQ, New BEL Road,,
Key people
Radhakrishnan Durairaj (CMD)
A. Arunachalam (Director, Technical & Strategy)[2]
Services
OwnerDepartment of Space (DoS)[3]
Websitensilindia.co.in

NewSpace India Limited (NSIL) is aPublic Sector Undertaking (PSU) of theGovernment of India, under theDepartment of Space.[4] NSIL is responsible for producing, assembling and integrating the launch vehicle with the help of industry consortium. It was established on 6 March 2019 under the administrative control of theDepartment of Space (DoS) and theCompany Act 2013. The main objective of NSIL is to scale up private sector participation in Indian space programmes.[5][6][7]

Objectives

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NSIL was setup with the following objectives:[8]

  • Transfer of Small Satellite technology to industry: NSIL will obtain license from DoS/ISRO and sub-license the same to industry
  • Manufacture ofSmall Satellite Launch Vehicle (SSLV) in collaboration with private sector
  • Production ofPolar Satellite Launch Vehicle (PSLV) through Indian industry
  • Production and marketing of Space-based products and services, including launch and application
  • Transfer of technology developed by ISRO Centres and constituent units of DoS
  • Marketing of spin-off technologies and products/services, both in India and abroad

Contracts

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In 2022, NSIL executed a contract withOneWeb to launch 36 satellites tolow Earth orbit for theirsatellite internet constellation. NSIL again successfully deployed another set of 36 OneWeb satellites on 26 March 2023.[9][10][11]

TheMinistry of Defence signed a ₹3,000-crore agreement with NSIL, a subsidiary ofISRO, for the procurement of the advanced communication satellite, GSAT 7B, to meet the requirements of the Indian Army.[4][12]

An agreement was reached between NSIL andArianespace for a long-term collaboration to enable satellite launch missions. As part of the Memorandum of Understanding,Ariane 6 of Arianespace and themedium-lift launch vehicleLVM3 of ISRO will answer the demand for launching larger communication or earth observation satellites as well as satellites for mega constellations, thereby satisfying the needs of the global launch service market.[13]

A launch service agreement has been signed by Space Machines Company and NSIL on 26 June 2024 for the launch of second Optimus spacecraft aboard theSSLV in 2026. The mission will tackle the issue ofspace debris piling up around Earth, which poses a threat to astronaut safety as well as upcoming space missions. The mission is a component of the International Space Investment India Projects program and is supported by theAustralian Space Agency with grant of $8.5 million.[14] Following the inaugration of a new NSIL facility inGIFT city,Gujarat, NSIL signed a contract with GalaxEye in February 2026 towards reselling under lincence satellite data and solutions.[15]

See also

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Portals:

References

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  1. ^"New Company for Commercial Exploitation of Research and Development (Under The Company Act 2013)". 27 June 2019.Archived from the original on 21 December 2019. Retrieved21 December 2019.
  2. ^"NSIL functional directors".Archived from the original on 15 July 2020. Retrieved15 July 2020.
  3. ^"NSIL About Us".Archived from the original on 21 December 2019. Retrieved21 December 2019.
  4. ^ab"Army set to get its own satellite worth ₹3,000 crore by 2026".Hindustan Times. 29 March 2023.Archived from the original on 8 June 2023. Retrieved31 March 2023.
  5. ^"ISRO's new commercial arm NewSpace India officially inaugurated".smartinvestisor.business-standard.com. The Smart Investor. 27 August 2019. Archived fromthe original on 27 August 2019. Retrieved27 August 2019.
  6. ^"NewSpace India Limited (NSIL) - ISRO".www.isro.gov.in. Archived fromthe original on 19 March 2022. Retrieved30 April 2022.
  7. ^Narasimhan, T. E. (5 July 2019)."Budget 2019: FM hikes Dept of Space outlay, pushes for commercialisation". Business Standard India. Archived fromthe original on 27 August 2019. Retrieved27 August 2019.
  8. ^"NewSpace India Limited". Press Information Bureau, Government of India. 24 July 2019.Archived from the original on 26 August 2019. Retrieved26 August 2019.
  9. ^"Successful launch of 36 OneWeb Satellites with ISRO/NSIL marks key milestone to enable global connectivity".OneWeb. 27 March 2023.Archived from the original on 26 March 2023. Retrieved27 March 2023.
  10. ^"PM Modi congratulates ISRO for launch of 36 satellites".Hindustan Times. 26 March 2023.Archived from the original on 26 May 2023. Retrieved31 March 2023.
  11. ^Kandavel, Sangeetha (26 March 2023)."ISRO puts 36 OneWeb satellites in orbit".The Hindu.ISSN 0971-751X.Archived from the original on 7 June 2023. Retrieved31 March 2023.
  12. ^"Ministry of Defence signs 3 contracts worth Rs 5,400 crore to boost defence capabilities".India Today. 30 March 2023.Archived from the original on 10 April 2023. Retrieved31 March 2023.
  13. ^"NSIL signs MoU with French company for long-term partnership to support satellite launch missions".The Hindu. 31 January 2024.ISSN 0971-751X. Retrieved3 February 2024.
  14. ^"Isro's arm NSIL to launch largest-ever Australian sat with its new rocket".The Times of India. 27 June 2024.ISSN 0971-8257. Retrieved28 June 2024.
  15. ^"Inauguration of new NSIL office at GIFT City, Gandhinagar, Gujarat".www.isro.gov.in. Retrieved13 February 2026.
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