In a groundbreaking development, Pawan Goenka, Chairman of the Indian National Space Promotion and Authorisation Centre (IN-SPACe), announced at the International Space Congress-2023 that the technology behind the Small Satellite Launch Vehicle (SSLV) developed by the Indian Space Research Organisation (ISRO) will be transferred to a private firm by the end of September.

This historic move is the first of its kind worldwide, where the entire design and technology of a launch vehicle will be entrusted to a private entity. Following the issuance of an Expression of Interest (EoI) on July 11, a remarkable 23 companies vied for the opportunity to acquire the Sslv Technology. Chairman Goenka revealed that the selected company will be unveiled shortly, emphasizing that limiting the transfer to a single entity will ensure its commercial viability.

Highlighting the impressive progress made by India’s Private Sector in a relatively short timeframe, Goenka hinted at more technology transfers in the pipeline, with at least 19 more technologies scheduled for transfer to the industry in the coming months.

To support this expansion of the private space sector, IN-SPACe is actively working on providing manufacturing infrastructure for industries. Goenka indicated that discussions for establishing plug-and-play manufacturing facilities are advancing, with Memoranda of Understanding (MoUs) close to being finalized with one state and ongoing negotiations with another.

Furthermore, IN-SPACe, in collaboration with the Bureau of Indian Standards (BIS), unveiled a catalogue comprising the first volume of “Indian Standards for Space.” These standards will serve as recommendations for private players in the industry. While initially voluntary, there is potential for these standards to become mandatory in the future under central authorities.

This development follows closely on the heels of India’s new Space Policy receiving approval from the union cabinet, signaling the nation’s commitment to advancing its capabilities in the space sector.

In a show of international cooperation, Sarah Storey, Deputy High Commissioner of the Australian High Commission to India, reiterated Australia’s dedication to collaborating with India in the space sector. Australian Space Agency Chief Enrico Palermo, through a video message, elaborated on various areas of mutual interest and collaboration opportunities between India and Australia.

The transfer of SSLV technology to the private sector, the establishment of space standards, and increasing international cooperation underline India’s commitment to fostering innovation and growth in its rapidly evolving space industry. Stay tuned for more updates on these exciting developments.