Indian Space Research Organisation (Isro) has signed six agreements with four countries for launching foreign satellites during 2021-23. Its commercial arm New Space India Ltd inked the pacts for launching the satellites by India’s mainstay rocket PSLV, Union space minister Jitendra Singh said.
In a written reply to a question in the Rajya Sabha on Thursday, Singh also informed that about 132 million euros will be earned through launches of these foreign satellites on a commercial basis.
In another written reply, the minister said that from 1999 to till date, a total of 342 foreign satellites belonging to 34 countries have been successfully launched on board PSLV on a commercial basis. He said that through launches of these foreign satellites, India has earned a foreign exchange revenue of approx $35 million and 10 million euros during the last three years (2019 to 2021). The types of foreign satellites that were launched include satellites primarily for earth observation, scientific and technology demonstration purposes.