ISRO WELCOMES PRIVATE SECTOR
- After almost 150 missions and three decades of space faring, the ISRO is on a mission like never before, handholding the private industry for AIT of satellites.
- The Indian Space Research Organisation has issued a tender to the private sector for Assembly, Integration, and Testing (AIT) of 30-35 satellites.
- This attempt has been made to increase the number of satellites.
REQUEST FOR PROPOSAL (RFP)
- ISRO has issued a RFP to the private sector to build 30-35 satellites over three years. 4-5 companies will be selected after proper evaluation of their capacity.
- The selected companies will be responsible for the AIT of the satellites at ISRO facilities.
- ISRO is expecting to get the responses to the RFP by first week of December, the complete selection of the companies will be by January 5 and contracts will be signed by February 5.
- ISRO seeks to setup a joint venture company with a consortium of industries and this JV will lead the launch of first PSLV around 2020-21.
- RISING DEMAND- Currently, ISRO is launching 3-4 launches per year but the demand is rising to 16-18 satellites. ISRO is aiming to undertake 60-70 satellites vehicle launch programmes in the next five years including PSLV launches by private units.
- TO BRIDGE THE GAP- Somehow, ISRO is unable to keep pace with satellite fabrication. To bridge the gap, the ISRO has roped in the private sector to bridge the gap.
- FOR FUTURE- The ISRO also wants to seed such an ecosystem where the private sectors take a lead in the future.
- TO CREATE A ROBUST SPACE INDUSTRY- ISRO is dedicated to teach the process of making satellites and hopes to create a robust space industry in the private sector.
- Now, the space agency envisages handling over the PSLV programme to a bunch of the private units, replicating the practice followed in USA and Europe.
- This new and bold move could in times pave the way for India being a global hub for the space sector.