June 21, 2025 - 20:38
Hindustan Aeronautics Limited (HAL) has successfully secured a significant contract valued at ₹511 crore for the transfer of technology related to the Small Satellite Launch Vehicle (SSLV) from the Indian Space Research Organisation (ISRO). This move positions HAL as the exclusive manufacturer of the SSLV, a vital component in India's growing space capabilities.
The technology transfer process is set to unfold over the next two years, allowing HAL to enhance its expertise in the aerospace sector. The SSLV is designed to cater to the increasing demand for launching small satellites, which has become a crucial aspect of modern space exploration and communication.
With this agreement, HAL is expected to bolster its production capabilities and contribute to India's ambitions in the global space market. The collaboration between HAL and ISRO underscores the importance of indigenous technology and manufacturing in the nation's strategic initiatives, paving the way for future advancements in aerospace technology.
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