The Indian Space Research Organization (ISRO) has big ambitions and the it s safe to say that the space agency is fulfilling almost all of them. Last year, the company set a record by launching 104 satellites in one go. Now to further fulfill its goals, the ISRO for the first time is partnering with three new firms that will help assemble 27 satellites by 2021. Also Read - ISRO to launch Geo Imaging Satellite with GSLV-F10 on March 5Also Read - Xiaomi teams up with ISRO and Qualcomm to bring NavIC technology to Redmi smartphones
The list of partners includes, Alpha Design Technologies Ltd and its consortium of six SMEs, Bharat Electronics Ltd, and Tata Advanced Systems Ltd. The three companies will help build around three satellites each in one year, totaling up to 27 satellites by the 2021. According to Times of India s report, the satellites in question are said to be developed for building communication, imaging and meteorological purposes. Also Read - Xiaomi, Realme to launch phones with India's own NavIC GPS tech
In the process, ISRO will be providing the necessary guidance to these firms by providing sub-systems from its supply chain. It is said that all three firms will be operating from the new ISRO Spacecraft Integration Test Establishment (ISITE) setup in Bengaluru. While the contract with companies is for three years, there is a good chance that ISRO might extend it for another two years to fulfill the demand for more satellites.
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ISRO hasn t made any official statements about the deal yet and neither has the space agency mentioned any financial details regarding the deal. The news however been confirmed by CMD of Alpha design, Colonel Colonel HS Shankar. TOI quoted Colonel Shankar stating, We signed similar agreements as the Tatas and BEL, and I hope that creates the ecosystem to allow more industries in the future.