ISRO Successfully Launched 177 Foreign Satellites In Last 5 Years, Earns Over $94 million In Forex

Dr Jitendra Singh, Union Minister of State (Independent Charge) Science and Technology; Minister of State (Independent Charge) Earth Sciences; MoS PMO, Atomic Energy and Space, said today that ISRO has successfully launched 177 foreign satellites from 19 countries over the last five years through its commercial arms.

 
ISRO Successfully Launched 177 Foreign Satellites

ISROs Commercial Arm Launched 177 Foreign Satellites: Beneficiary Countries

Dr Jitendra Singh stated in a written reply to a Rajya Sabha question that between January 2018 and November 2022, ISRO successfully launched 177 foreign satellites from countries such as Australia, Brazil, Israel, Italy, Japan, Lithuania, Luxembourg, Malaysia, Canada, Colombia, Finland, France, Netherlands, Republic of Korea, Spain, Switzerland, Singapore, United Kingdom, and USA on PSLV and GSLV-MkIII launchers under a commercial agreement.

Dr Jitendra Singh added that the forex generated by the launch of these 177 foreign satellites would be roughly 94 million USD and 46 million Euro from January 2018 to November 2022.

Reforms For Participation Of Non-Governmental Entities

On the subject of Space Reforms, Dr Jitendra Singh stated that far-reaching reforms in this sector were announced earlier in June 2020 to increase the participation of Non-Governmental Entities [NGEs] in the sector and introduce a commerce-oriented approach to space activities - all steps toward increasing the nation's share of the global space economy.

Private Firm

The upshot of these reforms was India's biggest commercial launch, LVM3, carrying 36 OneWeb satellites, and the recent suborbital launch by an Indian private firm, M/s Skyroot Aerospace, which was the first of its kind.

Furthermore, the establishment of IN-SPACe as a single-window agency for the promotion and assistance of Non-Governmental Entities in conducting end-to-end space activities has sparked significant interest in the Start-up community, with 111 space-startups registered on the IN-SPACe digital platform as of today.

Government Initiatives

Over the previous five years, the government has made various initiatives to enhance and expand the space programme. Significant progress has been achieved in designing and implementing space systems for earth observation, satellite communication, and space science. During this time, there were multiple successful flights of operational launch vehicles and the creation, realisation, and testing of significant technology parts of future launch vehicles.

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