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Here’s how ISRO plans to enter the global market for commercial launch services.

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Here’s how ISRO plans to enter the global market for commercial launch services.

On October 23, 2022, the Indian Space Research Organization (ISRO) will launch its largest rocket, LVM3, carrying 36 satellites for the British startup OneWeb Broadband Communication Satellites. The launcher’s introduction into the world market for commercial launch services would be marked by this, according to the news agency PTI.

According to the Indian Space Research Organisation (ISRO), which has its headquarters in Bengaluru, the launch of the “LVM3 – M2/OneWeb India-1 Mission” is slated to occur at 0007 hours IST on October 23 (midnight on October 22).

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“Assembly of the cryo stage and equipment bay (EB) is finished. The vehicle houses and assembles the satellites. Final car inspections are being conducted “, as reported by PTI.

For the purpose of launching OneWeb LEO Broadband Communication Satellites on board the ISRO’s most powerful launcher, LVM3, NewSpace India Limited (NSIL), a CPSE under the Department of Space and the commercial arm of the ISRO, has signed two launch service contracts with M/s Network Access Associated Limited (M/s OneWeb), of the United Kingdom.

“This agreement with M/s OneWeb represents a significant historical turning point for NSIL and ISRO as LVM3 enters the market for global commercial launch services. One LVM3 from the Satish Dhawan Space Center will launch 36 satellites into orbit as part of the Contract, according to ISRO.

OneWeb is a global communications network that connects governments, companies, and communities. It is powered by space. It is putting in place a constellation of satellites in low Earth orbit. Bharti, an Indian company, is a significant investor and shareholder in OneWeb.

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The second launch pad at the Satish Dhawan Space Centre, SHAR, has been completely integrated with two solid strap-on boosters and a liquid core stage of LVM3. After the health checks were successfully completed, the dispenser unit was built together with the integration of 36 OneWeb satellites.

As it moves toward providing high-speed, low-latency communication services all across the world, OneWeb stated in a statement that with this launch, more than 70% of its intended “Gen 1 LEO constellation” will be in orbit. The launch vehicle’s cryogenic upper stage will be integrated in the upcoming days, as well as the payload fairing with its 36 satellites.

According to OneWeb, a further launch will occur this year, and three more launches are planned for the beginning of next year to complete the constellation. ISRO (Indian Space Research Organisation) is gearing up to expand its footprint in the global commercial launch services market, capitalizing on its expertise in space.

technology and cost-effective operations. With a robust track record of successful space missions, ISRO is now aiming to attract international clients by offering. affordable, reliable, and efficient satellite launch services. India’s space agency has long been known for its ability to deliver payloads to space at a fraction of the cost of its competitors.

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One of the primary vehicles ISRO is leveraging for this mission is its Polar Satellite Launch Vehicle (PSLV), which has become a workhorse in the satellite launch industry. The PSLV has been to launch satellites for various countries, including the United States, Germany, and the United Kingdom, establishing ISRO’s reputation as a reliable launch partner.

ISRO is also expanding its capabilities with the development of the GSLV Mk III, which has been designed to carry heavier payloads and facilitate missions to the moon and Mars. This enhanced vehicle, along with future innovations, positions ISRO as a serious contender in the global commercial space race.

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Stock market in red amid India’s diplomatic action against Pakistan

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Stock market in red amid India’s diplomatic action against Pakistan

The stock market opened in red on Thursday, with the Sensex trading below 187.91 points and the Nifty below 46.45 points. The 30-share Sensex rose by 520.90 points or 0.65% to settle at 80,116.49, the highest closing level since December 18. Eight of the 13 major sectors declined at the open, while the broader, more domestically focused small-caps and mid-caps traded flat.

Ajay Bagga, market expert, said that the overhang remains for the next 10 to 15 days, the time it took in the previous two instances from the terrorist strike to the retaliatory Uri and Balakot strikes. On Wednesday, stock markets extended their surge to the seventh day, with Sensex share jumping 520 points to close above 80,000 level for the first time in four months.

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The stock market closed in green for the 7th day on Wednesday, with the 30-share Sensex rising by 520.90 points or 0.65% to settle at 80,116.49, the highest closing level since December 18. During the day, it surged by 658.96 points or 0.82 per cent to 80,254.55. The NSE Nifty rallied 161.70 points or 0.67 per cent to 24,328.95. HCL Tech surged the most by 7.72 per.

Cent after posting an 8.1% increase in consolidated net profit at ₹4,307 crore for March quarter 2024-25, mainly on account of large deals with a total contract value of about ₹25,500 crore. Kotak Mahindra Bank, State Bank of India, Axis Bank, ITC, and UltraTech Cement were also among the laggards, according to PTI Both the Sensex and Nifty reversed their seven-day.

Uptrend and settled lower on Thursday, amid profit-taking and disappointing Q4 earnings of Hindustan Unilever. Selling in blue-chips ICICI Bank, Bharti Airtel, and a largely muted trend in Asian and European equities also dragged the markets down, PTI reported. In the past seven trading days, the BSE benchmark gauge zoomed 6,269.34 points or 8.48 per cent, and the Nifty.

jumped 1,929.8 points or 8.61 per cent ​Indian stock markets experienced significant declines on April 25, 2025, amid escalating geopolitical tensions with Pakistan following a deadly militant attack in Pahalgam, Kashmir, which resulted in 26 civilian deaths. The BSE Sensex fell by 1,195 points during intraday trading, closing 570.8 points lower at 79,227, while the NSE.

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The market downturn was driven by widespread losses across sectors, with 12 out of 13 major indices ending in the red. Broader markets were also affected, as mid-cap and small-cap Nifty50 dropped 207.3 points to settle at 24,039 indices declined over 2%. Investor sentiment was further dampened by India’s strong diplomatic response to the attack, which included.

suspending the Indus Waters Treaty, closing the Attari border crossing, and revoking visa privileges for Pakistani nationals The Indian rupee weakened, closing 0.2% lower at 85.45 against the U.S. dollar, influenced by month-end dollar demand and increased geopolitical uncertainty. Bond yields also rose, reflecting heightened risk aversion among investors

Analysts caution that the ongoing tensions between India and Pakistan could continue to impact market stability. While a full-scale conflict is considered unlikely, the situation remains fluid, and investors are advised to monitor developments closely In Pakistan, the Karachi Stock Exchange’s KSE-100 index fell by 2.12%, or 2,485.85 points, as investors reacted to India’s.

The United Nations has urged both nations to exercise restraint and resolve their differences through peaceful dialogue diplomatic measures and the suspension of the Indus Waters Treaty Indian stock markets slipped into the red on April 25, 2025, following India’s strong diplomatic actions against Pakistan after a deadly terrorist attack in Kashmir. The BSE Sensex.

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