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ISRO signs six agreements with four countries for launching foreign satellites

by Admin
Minister of State for Atomic Energy and Space Dr. Jitendra Singh has said that Indian Space Research Organisation (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 Singh said that about 132 Million Euros will be earned through launching of these foreign satellites on a commercial basis. 
ISRO signs six agreements with four countries for launching foreign satellites

The Minister said, starting from 1999, a total of 342 foreign satellites belonging to 34 countries have been successfully launched on a commercial basis. India decided to go to space when Indian National Committee for Space Research (INCOSPAR) was set up by the Government of India in 1962. Indian Space Research Organisation, formed in 1969, and superseded the erstwhile INCOSPAR. ISRO embarked on its mission to provide the Nation space based services and to develop the technologies to achieve the same independently.

Throughout the years, ISRO has upheld its mission of bringing space to the service of the common man, to the service of the Nation. In the process, it has become one of the six largest space agencies in the world. ISRO maintains one of the largest fleet of communication satellites (INSAT) and remote sensing (IRS) satellites, that cater to the ever growing demand for fast and reliable communication and earth observation respectively.
ISRO develops and delivers application specific satellite products and tools to the Nation: broadcasts, communications, weather forecasts, disaster management tools, Geographic Information Systems, cartography, navigation, telemedicine, dedicated distance education satellites being some of them. To achieve complete self reliance in terms of these applications, it was essential to develop cost efficient and reliable launch systems, which took shape in the form of the Polar Satellite Launch Vehicle (PSLV). 
The famed PSLV went on to become a favoured carrier for satellites of various countries due to its reliability and cost efficiency, promoting unprecedented international collaboration. The Geosynchronous Satellite Launch Vehicle (GSLV) was developed keeping in mind the heavier and more demanding Geosynchronous communication satellites.
Future readiness is the key to maintaining an edge in technology and ISRO endeavours to optimise and enhance its technologies as the needs and ambitions of the country evolve. Thus, ISRO is moving forward with the development of heavy lift launchers, human spaceflight projects, reusable launch vehicles, semi-cryogenic engines, single and two stage to orbit (SSTO and TSTO) vehicles, development and use of composite materials for space applications.

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