Indian National Space Promotion and Authorisation Centre (IN-SPACe) offers full technology transfer of Polar Satellite Launch Vehicle (PSLV) to Indian private industry.

Key facts

• The Indian National Space Promotion and Authorisation Centre (IN-SPACe) has announced a full transfer of technology of the Polar Satellite Launch Vehicle (PSLV) to the Indian private industry.
• The opportunity is aimed at capable Indian industries that have handled multi-disciplinary turn-key projects and are keen on assimilating PSLV technology to offer commercial launch services in the global medium-lift satellite launch market.
• The Indian Space Research Organisation (ISRO) will provide infrastructural and hand-holding support for a defined period of 30 months or until realisation and launch of two PSLV vehicles by the selected party, whichever is earlier.
• The technology transfer is restricted to private Indian entities; the respondent or at least one consortium member must have experience in the domain of space or aerospace for a period of not less than five years.
• The respondent's annual turnover for any three of the last five years must be greater than Rs 400 crore, or the valuation of the entity must be at least Rs 1,000 crore.