India Let Private Players To Establish And Operate Rocket Launch Sites
- ByStartupStory | June 26, 2021
India has decided to allow private companies to build and operate rocket launch sites within and outside the country. Similarly, any rocket launch from Indian or overseas territory can be carried out only with authorization from the Indian National Space Promotion & Authorization Center (IN-SPACe), an independent body constituted by the Government of India, under the Department of Space (DOS). As per the Draft National Space Transportation Policy-2020 brought out by the Department of Space the launch could be from own or leased launch site and also from mobile platforms (land, sea, or air).
“The Draft National Space Transportation Policy-2020 is comprehensive covering all aspects of rocket launching, launchpads, reentry of a space object and others, ” Srinath Ravichandran, co-founder and CEO Agnikul Cosmos told IANS. “Policy is well made overall. Good, it allows for launches abroad and building our launch sites,” Skyroot Aerospace’s Co-Founder and CEO Pawan Kumar Chandana. The compliance and approvals of the administration controlling the territory from where the Launch is performed shall be ensured by the proposer and the proof of compliance/approvals shall be enclosed with the application for authorization.
India is also witnessing the advent of a “New Space” wherein the private players in the space sector aim to tap the commercial potential of small satellite launch services by developing small satellite launchers for the global market. The Indian players, who are engaged in the launch vehicle development, are also eager to leverage the national facilities already established by the Government.
The recent reforms announced by the Government towards unlocking the potential of the space sector in the country are expected to attract entrepreneurs to invest in cost-effective & quick turn-around space transportation systems commensurate with the significant global commercial launch services market, the Department of Space said.
Follow Startup Story
Related Posts
