Overview
- HAL’s ₹511 crore bid outpaced Alpha Design Technologies and Bharat Dynamics to win the SSLV technology for 500 kg small satellite launches into low Earth orbit.
- The technology transfer agreement is expected to be signed soon, with ISRO set to guide HAL through two prototype builds over the next two years.
- Upon completion of the handholding phase, HAL can redesign the SSLV and select its own vendors to ramp up annual production to six–12 vehicles based on market demand.
- Developed by ISRO, the three-stage solid-fuel SSLV with a liquid velocity trimming module offers rapid assembly and minimal launch infrastructure for on-demand missions.
- The move marks a major advance in India’s bid to build a $44 billion space economy by 2033 and cement its role as a global hub for small satellite launches.