Mint | Private sector participation in LVM3 production could mean a space sector boom

In a recent keynote address at a US- India Business Council event, the chairman of Indian Space Research Organisation (Isro), S. Somnath, spoke about the retirement of the US National Aeronautics and Space Administration’s (Nasa) Space Shuttle programme in 2011. For three decades, the Space Shuttle had ferried astronauts and satellites, even aided in building the International Space Station (ISS).  Read the full article here.

Firstpost | Agnikul’s first test flight: Time for private sector to be wings of Indian space industry

Agnikul’s first rocket, Agnibaan SOrTeD, completed its maiden suborbital test flight, marking a significant milestone for the Indian private space industry.

Accessing space is now easier than ever, creating new growth and innovation opportunities. The Indian Space Research Organisation (ISRO) has developed the Small Satellite Launch Vehicle ( SSLV ) to enable quick and flexible on-demand launches, complementing its existing fleet of Polar Satellite Launch Vehicles (PSLV) and Geosynchronous Satellite Launch Vehicles (GSLV) for heavier payloads. Read the full article here.

Deccan Herald | New guidelines could hamper India’s promising space industry

On May 3, space regulator Indian National Space Promotion and Authorisation Centre (IN-SPACe) released new guidelines and procedures for space activity. These guidelines may have a detrimental effect on India’s emerging private space sector. Read the full article here.

The Diplomat | China’s Military-Civil Fusion Space Program

On April 17, NASA chief Bill Nelson cautioned that China’s “so-called civilian space program is a military program,” emphasizing that the United States is engaged in a space “race” with China. While NASA may have its reasons for securitizing this issue, one cannot overlook China’s rapid advancements in the space sector. China’s objective is to develop and acquire advanced dual-use technology for military purposes and deepen the reform of its national defense science and technology industries, which also serves a broader purpose of strengthening the country’s comprehensive national power. Read the full article here.

Firstpost | How private sector can propel a new wave of space revolution in India

The Government of India amended the FDI policy for the space sector on 5 March 2024. This has liberalised thresholds for various space-related activities. This change comes on the heels of a slew of space reforms by the government that began in 2020. The reforms created a fertile ground for the cropping up of many space start-ups in the country but did not address their funding needs. While the FDI reforms have the potential to address this deficiency, they are insufficient in a vacuum. India’s share of the global space economy is $8 billion, and the government aims for a five-fold increase by 2040. To achieve this, the government will have to place larger bets. Read the full article here.