Hal won the bid to make a small satellite launch vehicle

New -Delhi, June 20 (IANS). Hindustan Aeronautics Limited (HAL) got a bid to make small satellite launch vehicles for the country. This information was issued by the company. The Indian National Space Promotion and Authorization Center (in-Space) announced the SLSLV technology for Slems satellite launch vehicle (SSLV) of Hal, Isro. The statement said it was one of the greatest technology transfer to an Indian commercial unit through Isro to space. The technology transfer agreement will be signed between Hal, Newspace India Limited (NSIL), Isro and in-Space. The agreement involves comprehensive training and assistance to HAL staff through ISRO teams in both ISRO and Hal facilities for the construction and launch of two SSLVs over the next two years. The statement further stated that an intensive assessment process was followed under the revision of the bid with different technology and financial readiness levels. In this process, which lasts a few months, Hal has emerged as the most offering company that reaches and starts SSLV technology. Pawan Goenka, president of the space, said: “Under the transfer agreement of this technology, HAL will have the ability to manufacture, own and commercialize SSLV projections independently.” Goenka said: “India is looking for the realization of the dream of creating a space economy of $ 44 billion by 2033, so it is mandatory to create a strong public-private process model. Hal president DK Sunil said:” We are eager to work together under the leadership of Isro and in-room. We are confident that we are following a streamlined ecosystem that can introduce smaller satellites more than the ports of India. “-Ians ABS/ Share these storytellers