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India's aerospace start-ups eye rocket launches and planetary missions

Private firms being allowed to build facilities and work within Isro's premises will throw big opportunities for country's aerospace startups

PSLV-C47, isro
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Experts said there is also huge scope for the commercialisation of the ground operations like mission support, satellite broadband gateways and 5G backhauling

Peerzada AbrarSamreen AhmadGireesh Babu Bengaluru/Chennai
With India allowing private companies to operate within the premises of Indian Space Research Organistaion (ISRO), this is expected to create huge opportunities for the country’s fledgling aerospace start-ups. These could range from building and launching rockets and satellites to providing space services commercially and even being part of planetary exploration missions, say industry insiders.

ISRO has said Indian National Space Promotion and Authorisation Centre (In-SPACe), the new nodal agency which was approved by the Cabinet this week, will take six months to start functioning. In-SPACe will drive the building of satellites, rockets, or launch services through Indian industry.

Speaking to reporters,

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