Space tech to offer crores for pvt sector soon
Indian space segment is looking at $16 billion market in next five years - an opportunity for the private industry to make hay while the sun shines
Antrix Corporation, the commercial arm of the Indian Space Research Organisation (ISRO), is providing a major push for the Indian private Industry to participate in the country's space programme in a big way to play a direct and active role in India's space segment, expected to touch $16 billion (about Rs 1.07 lakh crore) in the next five years.
Antrix Corporation chairman and managing director, S Rakesh, said globally the space market would cross $335 billion (about Rs 22.44 lakh crore) in the same period, during which all space agencies put together would totally launch a whopping 2,500 satellites.
Although no figure on how many satellites ISRO would launch in that period was disclosed, D Radhakrishnan, director (launch services & missions), Antrix Corporation, said in the early part of the next financial year alone (2017-18), ISRO is looking at launching a whopping 68 satellites. In June this year, ISRO set its own record of launching 20 satellites in just one launch using its warhorse polar satellite launch vehicle (PSLV) launcher from Sriharikota.
With the intensity of the space programme plans increasing, the endeavour would require the private Indian industry to play a major role, he said. "We see a large growth in the space segment in the future and want the industry to avail the space technologies developed by ISRO and come up with a clear-cut investment plan so they can come up in a big way," he said.In line with that, a three-day Bangalore Space Expo 2016, scheduled to begin on September 1, has been planned as a critical platform to provide the first major push for the Indian private industry to actively get involved in the country's space programme. "We hope this event would be a game-changer as far as the Indian private industry is concerned," said Rakesh. "The Bangalore Space Expo 2016 is an initiative to give a big push to the industry to ultimately be able to make satellite systems and mini-satellites."
He said the private industry could look at developing small satellite systems initially before gradually moving to manufacture larger satellite systems.
The Antrix Corporation CMD however said the road to such an involvement would not be easy and will not be accomplished overnight. The private industry would require at least Rs 20,000-30,000 crore ($2.98-4.48 billion) of total investment for the required infrastructure, facilities and services to be able to manufacture the first complete satellite before subsequently be able to make more.
NANO SATELLITE LAUNCHING
Radhakrishnan said they were looking at launching nano-satellites in the coming months.
Space scientists said the present trend was satellites becoming smaller with more systems and subsystems being packed into smaller areas. Sources have revealed that the delegation of Swiss space scientists who have arrived to familiarise itself with the Indian start-up atmosphere in the space technology segment, are set to discuss with ISRO the possibility of launching their own cube satellite, CubETH - which is as small as 10X10X10 cms and weighs less that 1 Kg - which aims at being the first nano-satellite to achieve precise orbit determination as well as altitude determination using signals of American GPS and Russian GLONASS constellation of global positioning system satellites. "Small satellites will be the large market," said Rakesh. "Therefore, we are getting across to the private industry to facilitate technology transfer to industry for building subsystems with minimum investments in partnership with ISRO."
GSLV FOR COMMERCIAL LAUNCHES?
Rakesh said they were looking for commercial launches for the Geostationary Satellite Launch Vehicle (GSLV), too, which has hitherto not happened as the Mark-III version of the launcher as well as a cryogenic engine to propel it was under development.
Now, with the cryogenic engine for the Mark-II version ready, Antrix Corporation is positioning itself to market the GSLV launchers for commercial launches of foreign satellites. The GSLV Mark-III's first developmental flight would carry the GSAT-19E, weighing 3.5 tonnes, but ultimately the launcher is being designed to carry payloads upwards of 4 tonnes, he said.
BANGALORE SPACE EXPO 2016
The 5th edition of Bangalore Space Expo would be held at Bangalore International Exhibition Centre from September 1-3 with the theme "Industry participation in space systems production, infrastructure creation and applications delivery".
The event will provide a platform for space start-ups and entrepreneurs entering into space market with innovative concepts like internet from space and moon exploration and will showcase their ideas, concepts and technologies at the event.
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