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Warplane maker HAL wins bid to privatise India's small satellite launch rockets
Warplane maker HAL wins bid to privatise India's small satellite launch rockets

CNA

timea day ago

  • Business
  • CNA

Warplane maker HAL wins bid to privatise India's small satellite launch rockets

BENGALURU :Hindustan Aeronautics Ltd has won the bid to privately make India's small satellite launch rockets, the country's space regulator said on Friday, the government's biggest step yet to open its fast-growing space industry to private players. Reuters reported in February that three consortiums - Alpha Design Technologies, a unit of Adani Defence Systems and Technologies, state-backed Bharat Dynamics and HAL - were the finalists to acquire India's Small Satellite Launch Vehicle (SSLV) technology. Fighter jet maker HAL had applied independently, Indian Space Research Organisation (ISRO) said in a statement on Friday. HAL's wining bid was 5.11 billion rupees ($59 million), Pawan Goenka, the head of Indian National Space Promotion and Authorisation Centre (IN-SPACe) told reporters, adding that the technology transfer phase will take two years. Shares of HAL rose as much as 1.6 per cent to hit session's high at 4,980 rupees after the announcement. The move to hand the SSLV's technology to HAL marks a significant shift for India's space industry, which has already granted satellite communication service licenses to global and domestic firms such as France's Eutelsat and Reliance Jio's satellite venture. By winning the bid to make the rocket, capable of carrying 500kg payloads to low-Earth orbit, HAL will have the capability to independently build, own, and commercialize SSLV launches, Goenka added. About 20 companies had initially expressed interest in bidding for the SSLV, the first privatisation of its kind under Prime Minister Narendra Modi's policy drive to open up India's space industry. The global low Earth orbit launch vehicle market was valued at $13.9 billion in 2023 and is estimated to grow to about $44 billion by 2032, according to Global Market Insights. India, which accounts for only 2 per cent of the global space economy, is eyeing a fivefold expansion to $44 billion by the end of the decade.

Warplane maker HAL wins bid to privatise India's small satellite launch rockets
Warplane maker HAL wins bid to privatise India's small satellite launch rockets

Reuters

timea day ago

  • Business
  • Reuters

Warplane maker HAL wins bid to privatise India's small satellite launch rockets

BENGALURU, June 20 (Reuters) - Hindustan Aeronautics Ltd ( opens new tab has won the bid to privately make India's small satellite launch rockets, the country's space regulator said on Friday, the government's biggest step yet to open its fast-growing space industry to private players. Reuters reported in February that three consortiums - Alpha Design Technologies, a unit of Adani Defence Systems and Technologies, state-backed Bharat Dynamics ( opens new tab and HAL - were the finalists to acquire India's Small Satellite Launch Vehicle (SSLV) technology. Fighter jet maker HAL had applied independently, Indian Space Research Organisation (ISRO) said in a statement on Friday, without disclosing the deal value. Reuters reported earlier that HAL was expected to pay about 3 billion Indian rupees (about $35 million). By winning the bid to make the rocket, capable of carrying 500kg payloads to low-Earth orbit, HAL will have the capability to independently build, own, and commercialize SSLV launches, said Pawan Goenka, the head of Indian National Space Promotion and Authorisation Centre. About 20 companies had initially expressed interest in bidding for the SSLV, the first privatisation of its kind under Prime Minister Narendra Modi's policy drive to open up India's space industry. The global low Earth orbit launch vehicle market was valued at $13.9 billion in 2023 and is estimated to grow to about $44 billion by 2032, according to Global Market Insights. India, which accounts for only 2% of the global space economy, is eyeing a fivefold expansion to $44 billion by the end of the decade. ($1 = 86.6450 Indian rupees)

vivo Poland is hinting at a potential European launch of the X200 FE
vivo Poland is hinting at a potential European launch of the X200 FE

GSM Arena

time4 days ago

  • GSM Arena

vivo Poland is hinting at a potential European launch of the X200 FE

A reader from Poland contacted us with an interesting observation – vivo Poland has been busy promoting the V50 and V50 Lite on Facebook, but it has been dropping hints that an even more interesting launch may be around the corner. Krzysztof Pl asked about the vivo X200 Pro mini and vivo responded (machine translated): 'We have no information about the availability of these models in Poland, but there will be something for Pro Mini fans soon'. A similar response when inquired about the X200 Pro mini and S30 Pro mini reads: 'For fans of these models we have some interesting information... we will talk about it in a few weeks'. Is it a coincidence that this is happening just as vivo announced the launch date for the X200 FE? The vivo X200 Pro mini, S30 Pro and X200 FE are fairly similar – they combine a small 6.31' LTPO display with a flagship Dimensity chipset and feature a 50MP periscope. vivo X200 FE colorways There are differences, of course, e.g. the X200 Pro mini has a large 1/1.28' sensor in the main camera, while the S30 Pro mini has a smaller 1/1.56' sensor. The X200 FE is rumored to be a variant of the S30 Pro mini and it should have the same sensor (a Sony IMX921) in its main camera. The vivo X200 FE will launch on June 23 (Monday) and it looks like Taiwan and Malaysia will be among the first markets to get it. If a European launch is happening as the admin of the vivo Poland Facebook page is suggesting, it may come a bit later ('in a few weeks'). The vivo X200 FE has a '6.31-inch Zeiss Color Master display' A quick look at the vivo Poland homepage shows that vivo has been selling X Pro models going back to the X60 Pro. This will be vivo's first 'FE' model, but we'd be glad to see a wider availability of a premium mini – especially after OnePlus declined to bring the 13T/13s to more markets. Thanks to our reader for sending this in! Source 1 | Source 2

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