ISRO earns ₹1,100 crore in five years from foreign launches
The Hindu
The organisation successfully launched 177 foreign satellites from 19 countries
The Indian Space Research Organisation (ISRO) had earned approximately ₹1,100 crore in the last five years from the launch of foreign satellites, Minister for Space Jitendra Singh, told Rajya Sabha on Thursday in response to a query.
In the last five years, January 2018 - November 2022 ISRO, via its commercial arms, successfully launched 177 foreign satellites from 19 countries — Australia, Brazil, Canada, Colombia, Finland, France, Israel, Italy, Japan, Lithuania, Luxembourg, Malaysia, Netherlands, Republic ofKorea, Singapore, Spain, Switzerland, United Kingdom and the United States.
In July, Mr. Singh had said that ISRO had earned — over its lifetime — $223 million (~ ₹1,830 crore) from launching foreign satellite aboard the Polar Satellite Launch Vehicles (PSLV)
The latest figures include revenue from PSLV and launches aboard the Geo Synchronous Satellite Launch Vehicle (GSLV-MkIII, now renamed as LVM-3) launchers under commercial agreements. These flights earned the organisation $94 million and €46 million (that in current Rupee values add up to around ₹1,100 crore), the Minister said in a written reply.
Earliert this year, the LVM3, launched 36 OneWeb satellites in a single mission and for the first time an Indian company -- Skyroot Aerospace – sent Vikram S, a 545-kg rocket privately-developed rocket into space on November 18, 2022 as part of a mission called ‘Prarambh.’
Flight AI177 will depart Bengaluru at 1.05 p.m. and arrive at London Gatwick at 7.05 p.m. (local time). From London Gatwick, flight AI178 will depart at 8.35 p.m. (local time) and arrive in Bengaluru at 10.50 a.m. (next day arrival). From Bengaluru, the flight will operate on Mondays, Wednesdays, Thursdays, Fridays and Sundays.