India to launch 25 foreign satellites from 7 countries this year

Posted on:11 Mar 2016 09:53:46
India to launch 25 foreign satellites from 7 countries this year
11 March 2016 Current Affairs: India will launch 25 foreign satellites in 2016-17, using Polar Satellite Launch Vehicle (PSLV). While 12 of these 25 satellites belong to the USA, the remaining 13 belong to six other countries including Germany, Canada, Algeria, Japan, Indonesia and Malaysia.the minister of state in the Prime Minister's Office (PMO), Jitendra Singh, said, "The PSLV with its string of successful flights has emerged as one of the most reliable launch vehicles in the world".Till date, 57 foreign satellites from 21 countries have been succefully launched on-board PSLV, under the commercial arrangement between Antrix Corporation Limited (Antrix) and the foreign clients".Under the agreement, signed between foreign clients and the Antrix - commercial arm of the Idian Space Research Organisation (ISRO), India will launch three satellites each of Algeria and Canada, four of Germany, one each of Indonesia, Malaysia and Japan and 12 of the USA during 2016-17.In the last three years, from January 2013 till December 2015, the ISRO had launched 28 foreign satellites belonging to nine countries. It had during this period launched seven satellites of Singapore, six of UK, five of Canada, four of the USA, two of Austria and one each of Denmark, France, Germany and Indonesia.The Antrix has earned revenue of 80.6 million euros through launching of these 28 international customer satellites".Six satellites of Singapore out of these total 28 foreign satellites were launched on-board PSLV-C29 on December 16 last year from the Satish Dhawan Space Centre, Sriharikota - the same centre from where India on Thursday successfully put its sixth navigation satellite into the intended orbit in a launch that is just one step away from having its own regional navigation satellite system that will be on par with the US-based Global Positioning System.

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