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The Hindu
14 hours ago
- Business
- The Hindu
HAL outbids Adani-backed firm to bag transfer of technology of SSLV from ISRO
In a significant milestone, Hindustan Aeronautics Limited (HAL) was on Friday declared the winner of the bid for the transfer of technology of the Small Satellite Launch Vehicle (SSLV), the ISRO's rocket to place satellites up to 500 kg in low-earth orbit, edging out two consortia, including one led by a defence manufacturer backed by the Adani Group. Fighter jet manufacturer HAL was the standalone bidder for the coveted contract to build the ISRO-designed rocket and was pitted against the two consortia -- one led by Alpha Design Technologies, backed by the Adani Group, and the other led by Hyderabad-based Bharat Dynamics Limited. 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. "Under this technology-transfer agreement, HAL will have the capability to independently build, own and commercialise SSLV launches," Pawan Kumar Goenka, chairman, Indian National Space Promotion and Authorisation Centre (INSPACe), told a press conference here. HAL will be the third company to build rockets after space sector start-ups Skyroot Aerospace and Agnikul Cosmos. Mr. Goenka said nine companies had evinced interest in the transfer of technology of the SSLV, of which three were rejected. Of the remaining six, three chose not to apply. "The SSLV technology transfer marks a pivotal moment in India's transformative commercial space segment, as this is one of the first instances of a space agency transferring complete launch vehicle technology to a company," he said. Mr. Goenka said the Indian Space Research Organisation (ISRO) will handhold HAL and assist it in building two prototype rockets over the next two years. After that, the state-owned company is expected to independently produce six to 10 SSLVs every year, depending on the demand. "HAL will be free to improve on the design and select its own vendors from the third rocket after the two-year period," Mr. Goenka said. The SSLV was developed by the ISRO to launch small satellites into low-earth orbit at a shorter notice, a capability required by the defence forces in times of emergencies. "This collaboration marks a significant step towards strengthening India's commercial satellite-launch capabilities and more specifically, in enabling Indian industry in realising this SSLV," Radhakrishnan Durairaj, Chairman and Managing Director of New Space India Limited (NSIL), said. The move is part of efforts to allow the ISRO to focus more on research and hive off the routine activities of launching satellites, using proven launch vehicles to the industry. "We are looking forward to working closely under the ISRO and IN-SPACe's guidance to progress in phases and realise the end objectives. We are confident of steering a cohesive ecosystem that enables more small satellite launches from India's ports," D K Sunil, Chairman and Managing Director of HAL, said. The technology-transfer agreement will be signed among HAL, NSIL, ISRO and IN-SPACe. The agreement encompasses extensive training and handholding of HAL personnel by ISRO teams, both at ISRO and HAL facilities, for the realisation and launch of two SSLVs in the next two years.
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Business Standard
14 hours ago
- Business
- Business Standard
HAL outbids Adani-backed firm to bag transfer of tech of SSLV from Isro
In a significant milestone, Hindustan Aeronautics Limited (HAL) was on Friday declared the winner of the bid for the transfer of technology of the Small Satellite Launch Vehicle (SSLV), the Isro's rocket to place satellites up to 500 kg in low-earth orbit, edging out two consortia, including one led by a defence manufacturer backed by the Adani Group. Fighter jet manufacturer HAL was the standalone bidder for the coveted contract to build the Isro-designed rocket and was pitted against the two consortia -- one led by Alpha Design Technologies, backed by the Adani Group, and the other led by Hyderabad-based Bharat Dynamics Limited. HAL presented the winning bid of Rs 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. "Under this technology-transfer agreement, HAL will have the capability to independently build, own and commercialise SSLV launches," Pawan Kumar Goenka, chairman, Indian National Space Promotion and Authorisation Centre (INSPACe), told a press conference here. HAL will be the third company to build rockets after space sector start-ups Skyroot Aerospace and Agnikul Cosmos. Goenka said nine companies had evinced interest in the transfer of technology of the SSLV, of which three were rejected. Of the remaining six, three chose not to apply. "The SSLV technology transfer marks a pivotal moment in India's transformative commercial space segment, as this is one of the first instances of a space agency transferring complete launch vehicle technology to a company," he said. Goenka said the Indian Space Research Organisation (Isro) will handhold HAL and assist it in building two prototype rockets over the next two years. After that, the state-owned company is expected to independently produce six to 10 SSLVs every year, depending on the demand. "HAL will be free to improve on the design and select its own vendors from the third rocket after the two-year period," Goenka said. The SSLV was developed by the Isro to launch small satellites into low-earth orbit at a shorter notice, a capability required by the defence forces in times of emergencies. "This collaboration marks a significant step towards strengthening India's commercial satellite-launch capabilities and more specifically, in enabling Indian industry in realising this SSLV," Radhakrishnan Durairaj, Chairman and Managing Director of New Space India Limited (NSIL), said. The move is part of efforts to allow the Isro to focus more on research and hive off the routine activities of launching satellites, using proven launch vehicles to the industry. "We are looking forward to working closely under the Isro and IN-SPACe's guidance to progress in phases and realise the end objectives. We are confident of steering a cohesive ecosystem that enables more small satellite launches from India's ports," D K Sunil, Chairman and Managing Director of HAL, said. The technology-transfer agreement will be signed among HAL, NSIL, Isro and IN-SPACe. The agreement encompasses extensive training and handholding of HAL personnel by Isro teams, both at Isro and HAL facilities, for the realisation and launch of two SSLVs in the next two years.
Mint
14 hours ago
- Business
- Mint
Questions raised as HAL outbids Adani Defence, Bharat Dynamics in Isro's ‘privatisation' attempt
New Delhi: Almost three years since its first demonstrator mission launch, a ₹511-crore contract to privatize Indian Space Research Organisation's (Isro) small satellite launch vehicle (SSLV) was awarded toHindustan Aeronautics Ltd by the government's nodal space agency on Friday. However, considering that HAL is a public sector undertaking overseen by the defence ministry, analysts, observers and proxy advisory firms are questioning the efficacy of the announcement, insisting it does not truly qualify as 'privatization' of the government-built rocket. The contract will see HAL take full ownership of the rocket that Isro built and first launched in August 2022. Pawan Kumar Goenka, chairman of Indian National Space Promotion and Authorization Centre (In-Space), said the project is 'not just a manufacturing contract—HAL will do end-to-end manufacturing, supply chain procurement, winning orders from clients, (and ) launching and maintaining the rocket in the long run". Isro will handhold HAL through the making and validation of the small rocket for two years. Beyond this period, Goenka said HAL can onboard Isro as an advisor on a commercial contract basis. As of 20 June, the Union government holds a 71% stake in HAL. Also read | Hindustan Aeronautics: Here's all you need to know before investing 'The bid from HAL was carefully selected by In-Space, Isro, and NewSpace India Ltd (NSIL) through two bidding rounds. The first round saw the participation of nine companies, from which six were shortlisted. In the second round, three of the bidders dropped out, leaving HAL, and two consortiums—led by Alpha Design Technologies and Bharat Dynamics—as the finalists," Goenka said. Alpha Design is owned by Adani Defence Systems and Technologies Ltd. Neither HAL, NSIL or In-Space disclosed the cost of making the small rockets. Radhakrishnan Durairaj, chairman and managing director of NSIL, which is Isro's commercial space operations division, said the information 'would allude to SSLV's competitiveness on a global scale" and thus could not be disclosed. Industry stakeholders said the decision may not bode well for Isro's privatisation in the long run. Shriram Subramanian, founder and managing director of proxy advisory firm InGovern Research, said the move is 'strange, seeing that the contract was delivered to HAL without validating the firm's capability of delivering space projects as per timelines". Also read | How ISRO's 100th mission reflects its original startup spirit One hand to the other HAL, in partnership with Larsen and Toubro Ltd, was previously awarded an ₹860-crore contract to manufacture five units of Isro's larger rocket variant—the Polar Satellite Launch Vehicle (PSLV)—in September 2022. The initial timeline to deliver the first of the five PSLVs was two years. 'We are on track with the engineering efforts, and results from the PSLV contract will be seen very soon," said Barenya Senapati, director of finance at HAL, fielding questions on the company's space contract execution capability during Friday's announcement. 'Our air force engineering division is separate from our new space business, so the two work very differently and are not interconnected," Senapati said, without disclosing when the first PSLV will be delivered. The SSLV award may compound pressure on HAL at a time when the public sector undertaking has been in the firing line of the Indian Air Force itself in terms of its failure to deliver its contract of indigenous 'Tejas' combat aircrafts. 'In a way, this is a good thing for the other private startups," said Narayan Prasad Nagendra, space industry consultant and chief operating officer of Dutch space supply chain firm, Satsearch. 'HAL's contract is essentially a representation of a government contract shifting funds from one hand to another without specifically achieving anything. If at all, given HAL's current track record in space, this will make way for private startups such as Skyroot Aerospace and Agnikul Cosmos to win more clients and take a market lead," he added. Also read | Space tourism: Can Isro beat Blue Origin? On the flipside, others said the move may have come out of necessity. Chaitanya Giri, space fellow at global think-tank Observer Research Foundation, said that 'since the other two final bids for the SSLV were through consortia, In-Space and Isro were really left with only one choice to execute a clean, simple contract for the SSLV". However, Giri added that 'the move to award the contract to HAL cannot strictly be called privatization—it is better to be referred to as commercialization by bringing a legacy Indian industry name into the nascent field". 'It also shows that the Indian government is not yet fully confident in India's private space firms, which could be another reason behind HAL winning the small rocket contract," Giri added. In-Space's Goenka, however, said HAL winning the contract 'was not a subjective decision". 'HAL was the highest bidder, and also cleared In-Space and Isro's technical evaluation process in terms of its capability under all parameters, thereby emerging with the contract as per the official process," he said.
India Today
12-05-2025
- Business
- India Today
India Space Congress in June to discuss emerging trends, technology
Nearly 1,000 policymakers and experts from more than 30 nations will gather in Delhi in June for the three-day India Space Congress to deliberate on the new opportunities in the country's space space sector regulator Pawan Kumar Goenka and industry leaders will deliberate on issues such as satellite communications, geospatial applications, deep-space exploration, emerging technologies, Earth observation and strategic trade fourth India Space Congress, organised by the Satcom Industry Association-India (SIA-India), will be held in the national capital from June 25-27 under the theme "Pioneering Innovations in Space Technology: India's Journey Towards Global Partnership". "Country sessions will also bring delegations from Europe, Asia-Pacific, North America, and the Middle East, highlighting opportunities for bilateral cooperation in capacity-building, joint missions and industrial co-development," SIA-India said in a more than 35 focused thematic sessions, the India Space Congress will cover crucial domains such as satellite communications, geospatial applications, deep-space exploration, emerging technologies, Earth observation and strategic trade will spotlight advancements in artificial intelligence, machine learning, big data, quantum communication, hyperspectral imaging and space-based biomanufacturing, as well as evolving challenges in orbital debris mitigation, security and global regulatory Indian National Space Promotion and Authorisation Centre (IN-SPACe) chairman Goenka, other speakers include M Ravichandran, Union Ministry of Earth Sciences secretary; Abhay Karandikar, Department of Science and Technology secretary; National Institute of Advanced Studies director Shailesh Nayak; Kai-Uwe Schrogl, International Institute of Space Law president; and SIA-India president Subba Rao former scientific secretary VS Hegde; and senior retired defence leaders Lt Gen VG Khandare, principal advisor in the defence ministry; and Lt Gen (Dr) PJS Pannu will also take Watch
Time of India
12-05-2025
- Business
- Time of India
India Space Congress in June to discuss emerging trends in sector
Nearly 1,000 policymakers and experts from more than 30 nations will gather in Delhi in June for the three-day India Space Congress to deliberate on the new opportunities in the country's space sector. India's space sector regulator Pawan Kumar Goenka and industry leaders will deliberate on issues such as satellite communications , geospatial applications , deep-space exploration , emerging technologies, Earth observation and strategic trade corridors. #Operation Sindoor The damage done at Pak bases as India strikes to avenge Pahalgam Why Pakistan pleaded to end hostilities Kashmir's Pahalgam sparks Karachi's nightmare The fourth India Space Congress, organised by the Satcom Industry Association-India ( SIA-India ), will be held in the national capital from June 25 to 27 under the theme "Pioneering Innovations in Space Technology : India's Journey Towards Global Partnership". "Country sessions will also bring delegations from Europe, Asia-Pacific, North America, and the Middle East, highlighting opportunities for bilateral cooperation in capacity-building, joint missions and industrial co-development," SIA-India said in a statement. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Direct Shopping From Adidas Francchise Store, 60% Discount Original Adidas Shop Now Undo With more than 35 focused thematic sessions, the India Space Congress will cover crucial domains such as satellite communications, geospatial applications, deep-space exploration, emerging technologies, Earth observation and strategic trade corridors. Discussions will spotlight advancements in artificial intelligence, machine learning, big data, quantum communication, hyperspectral imaging and space-based biomanufacturing, as well as evolving challenges in orbital debris mitigation , security and global regulatory alignment . Live Events Besides Indian National Space Promotion and Authorisation Centre (IN-SPACe) chairman Goenka, other speakers include M Ravichandran, Union Ministry of Earth Sciences secretary; Abhay Karandikar, Department of Science and Technology secretary; National Institute of Advanced Studies director Shailesh Nayak; Kai-Uwe Schrogl, International Institute of Space Law president; and SIA-India president Subba Rao Pavuluri. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories ISRO's former scientific secretary VS Hegde; and senior retired defence leaders Lt Gen VG Khandare, principal advisor in the defence ministry; and Lt Gen (Dr) PJS Pannu will also take part.
