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NewSpace India Limited

NewSpace India Limited (NSIL) is a Public Sector Undertaking (PSU) of Government of India and commercial arm of Indian Space Research Organisation (ISRO). It was established on 6 March 2019 under the administrative control of Department of Space (DoS) and the Company Act 2013. The main objective of NSIL is to scale up private sector participation in Indian space programmes.[4][5][6]

NewSpace India Limited (NSIL)
TypePublic Sector Undertaking
Industry
Founded6 March 2019; 3 years ago (2019-03-06) [1]
HeadquartersHFSC Building, ISRO HQ, New BEL Road, ,
Key people
Radhakrishnan Durairaj (CMD)
A. Arunachalam (Director, Technical & Strategy) [2]
Services
OwnerDepartment of Space (DoS) [3]
Websitensilindia.co.in

Objectives

NSIL was setup with the following objectives:[7]

  • Transfer of Small Satellite technology to industry: NSIL will obtain license from DoS/ISRO and sub-license the same to industry
  • Manufacture of Small Satellite Launch Vehicle (SSLV) in collaboration with private sector
  • Production of Polar Satellite Launch Vehicle (PSLV) through Indian industry
  • Production and marketing of Space based products and services, including launch and application
  • Transfer of technology developed by ISRO Centres and constituent units of DoS
  • Marketing of spin-off technologies and products/services, both in India and abroad

Contracts

In 2022, NSIL executed a contract with OneWeb to launch 36 satellites to low earth orbit for their satellite internet constellation.

References

  1. ^ "New Company for Commercial Exploitation of Research and Development (Under The Company Act 2013)". 27 June 2019. Retrieved 21 December 2019.
  2. ^ "NSIL functional directors". Retrieved 15 July 2020.
  3. ^ "NSIL About Us". Retrieved 21 December 2019.
  4. ^ . smartinvestisor.business-standard.com. The Smart Investor. 27 August 2019. Archived from the original on 27 August 2019. Retrieved 27 August 2019.
  5. ^ "NewSpace India Limited (NSIL) - ISRO". www.isro.gov.in. Retrieved 30 April 2022.
  6. ^ Narasimhan, T. E. (5 July 2019). . Business Standard India. Archived from the original on 27 August 2019. Retrieved 27 August 2019.
  7. ^ "NewSpace India Limited". Press Information Bureau, Government of India. 24 July 2019. Retrieved 26 August 2019.

newspace, india, limited, nsil, public, sector, undertaking, government, india, commercial, indian, space, research, organisation, isro, established, march, 2019, under, administrative, control, department, space, company, 2013, main, objective, nsil, scale, p. NewSpace India Limited NSIL is a Public Sector Undertaking PSU of Government of India and commercial arm of Indian Space Research Organisation ISRO It was established on 6 March 2019 under the administrative control of Department of Space DoS and the Company Act 2013 The main objective of NSIL is to scale up private sector participation in Indian space programmes 4 5 6 NewSpace India Limited NSIL TypePublic Sector UndertakingIndustryAerospaceCommunicationsFounded6 March 2019 3 years ago 2019 03 06 1 HeadquartersHFSC Building ISRO HQ New BEL Road Bengaluru Karnataka IndiaKey peopleRadhakrishnan Durairaj CMD A Arunachalam Director Technical amp Strategy 2 ServicesTransponder provisioningSatellite launchSpacecraft and SubsystemsMission SupportGround Infrastructure for Space based NeedsOwnerDepartment of Space DoS 3 Websitensilindia co inObjectives EditNSIL was setup with the following objectives 7 Transfer of Small Satellite technology to industry NSIL will obtain license from DoS ISRO and sub license the same to industry Manufacture of Small Satellite Launch Vehicle SSLV in collaboration with private sector Production of Polar Satellite Launch Vehicle PSLV through Indian industry Production and marketing of Space based products and services including launch and application Transfer of technology developed by ISRO Centres and constituent units of DoS Marketing of spin off technologies and products services both in India and abroadContracts EditIn 2022 NSIL executed a contract with OneWeb to launch 36 satellites to low earth orbit for their satellite internet constellation References Edit Spaceflight portal New Company for Commercial Exploitation of Research and Development Under The Company Act 2013 27 June 2019 Retrieved 21 December 2019 NSIL functional directors Retrieved 15 July 2020 NSIL About Us Retrieved 21 December 2019 ISRO s new commercial arm NewSpace India officially inaugurated smartinvestisor business standard com The Smart Investor 27 August 2019 Archived from the original on 27 August 2019 Retrieved 27 August 2019 NewSpace India Limited NSIL ISRO www isro gov in Retrieved 30 April 2022 Narasimhan T E 5 July 2019 Budget 2019 FM hikes Dept of Space outlay pushes for commercialisation Business Standard India Archived from the original on 27 August 2019 Retrieved 27 August 2019 NewSpace India Limited Press Information Bureau Government of India 24 July 2019 Retrieved 26 August 2019 This article about an Indian company is a stub You can help Wikipedia by expanding it vte This space or spaceflight related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title NewSpace India Limited amp oldid 1124433859, wikipedia, wiki, book, books, library,

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