ISRO transfers satellite bus technology to private firm: The Indian Space Research Organisation announced the transfer of IMS-1 Satellite Bus technology to Alpha Design Technologies, a Bengaluru-based private company.
NewSpace India Limited (NSIL), the commercial arm of ISRO, facilitated the technology transfer through an agreement signed during an event held at the NSIL headquarters on August 2, the space agency said on its website. The IMS-1 satellite bus was developed by the UR Rao Satellite Centre and is a small satellite platform designed to enable low-cost access to space. This weighs about 100 kilograms and can carry a 30-kg payload.
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The technology transfer documents were formally handed over by D Radhakrishnan, Chairman and Managing Director of NSIL to Col. H S Shankar (Retd.), Chairman and Managing Director of ADTL.
ADTL is one of the two private players identified to receive the transfer of this technology through Interest Exploratory Note (IEN) published by NSIL, it said. This transfer marks the beginning of satellite bus technologies developed by ISRO being transferred to private industries. Further, the PSLV is under productionisation by a consortium of industries.