PSLV

NewSpace India and SAB Launch Services sign Launch Services Agreement to fly cubesat on PSLV mission

Retrieved on: 
Tuesday, January 30, 2024

BENEVENTO, Italy, Jan. 30, 2024 (GLOBE NEWSWIRE) -- NewSpace India Limited (NSIL), the commercial arm of ISRO providing Launch Services on-board ISRO’s launch vehicles, and SAB Launch Services (SAB-LS), specialized in Launch Services for small satellites, signed at the end of 2023 a Launch Service Agreement for deploying smallsat in orbit.

Key Points: 
  • BENEVENTO, Italy, Jan. 30, 2024 (GLOBE NEWSWIRE) -- NewSpace India Limited (NSIL), the commercial arm of ISRO providing Launch Services on-board ISRO’s launch vehicles, and SAB Launch Services (SAB-LS), specialized in Launch Services for small satellites, signed at the end of 2023 a Launch Service Agreement for deploying smallsat in orbit.
  • This agreement represents a significant milestone in providing advanced and seamless solutions for small satellites complementing with PSLV and SSLV missions, the launcher portfolio with focus on commercial customers.
  • Mr. Radkakrishnan D, Chairman and Managing Director of NSIL, expressed enthusiasm about the partnership, "Our strategic collaboration with SAB empowers us to better serve the global small satellite community, also in light of our new small launch vehicle SSLV."
  • SAB-LS’s CEO, Marco Mariani, added, "This partnership is a testament to the dedication we've poured into improving our services offer.

Voyager Space Signs Memorandum of Understanding with NewSpace India Limited to Explore Collaborative Opportunities in Space Technology

Retrieved on: 
Friday, July 7, 2023

Under this MOU, Voyager Space and NSIL will explore launch and deployment opportunities for small satellites orbited by SSLV and PSLV.

Key Points: 
  • Under this MOU, Voyager Space and NSIL will explore launch and deployment opportunities for small satellites orbited by SSLV and PSLV.
  • Clay Mowry, Chief Revenue Officer at Voyager Space stated, "We are thrilled to embark on this collaborative journey with NewSpace India Limited.
  • NSIL Chairman and Managing Director Radhakrishnan shared, "We are delighted to enter into this alliance with Voyager Space.
  • By working together, we will create a synergy that accelerates the development of a commercial space economy in India and abroad."

Sprott Physical Silver Trust Updates Its “At-the-Market” Equity Program

Retrieved on: 
Thursday, April 6, 2023

TORONTO, April 06, 2023 (GLOBE NEWSWIRE) -- Sprott Asset Management LP (“Sprott Asset Management”), a subsidiary of Sprott Inc., on behalf of the Sprott Physical Silver Trust (NYSE: PSLV) (TSX: PSLV / PSLV.U) (the “Trust”), a closed-ended mutual fund trust created to invest and hold substantially all of its assets in physical silver bullion, today announced that it has updated its at-the-market equity program to issue up to US$1 billion of units of the Trust (“Units”) in the United States and Canada.

Key Points: 
  • TORONTO, April 06, 2023 (GLOBE NEWSWIRE) -- Sprott Asset Management LP (“Sprott Asset Management”), a subsidiary of Sprott Inc., on behalf of the Sprott Physical Silver Trust (NYSE: PSLV) (TSX: PSLV / PSLV.U) (the “Trust”), a closed-ended mutual fund trust created to invest and hold substantially all of its assets in physical silver bullion, today announced that it has updated its at-the-market equity program to issue up to US$1 billion of units of the Trust (“Units”) in the United States and Canada.
  • The Trust intends to use the proceeds from the ATM Program, if any, to acquire physical silver bullion in accordance with the Trust's objective and subject to the Trust's investment and operating restrictions.
  • The offering under the ATM Program is being made pursuant to a prospectus supplement dated April 6, 2023 (the “U.S.
  • Before you invest, you should read the Offering Documents and other documents that the Trust has filed for more complete information about the Trust, the Sales Agreement and the ATM Program.

Commercial Satellite Imaging Global Market Report 2023: Increasing Requirement for Efficient Monitoring of Vast Land Areas Drives Adoption

Retrieved on: 
Friday, March 10, 2023

The commercial satellite imaging market is expected to register a CAGR of 11.84 % during the forecast period.

Key Points: 
  • The commercial satellite imaging market is expected to register a CAGR of 11.84 % during the forecast period.
  • The increasing requirement for efficient monitoring of vast land areas is one of the key drivers for the commercial satellite market.
  • Increasing government initiatives for satellite imaging to entice global and domestic firms are other vital reasons for the region's market growth.
  • The ASEAN countries' developing commercial satellite business is affecting the worldwide commercial satellite imaging industry.

Spaceflight Inc. Taps Global Launch Vehicle Portfolio to Take Fast-Growing Astrocast IoT Constellation to Orbit

Retrieved on: 
Monday, September 12, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220912005224/en/
    Spaceflight Inc. Taps Global Launch Vehicle Portfolio to Take Fast-Growing Astrocast IoT Constellation to Orbit.
  • (Photo: ISRO)
    This launch represents Spaceflights eighth launch on a PSLV and its fourth supporting Astrocasts nanosatellite Internet of Things (IoT) network and constellation.
  • As Astrocast builds its network and constellation, we can offer them a range of launch options, flexibility and customization to support their long-term plans.
  • In March 2022, the Satellite IoT (SatIoT) network operator extended its multi-launch agreement with Spaceflight to accommodate Astrocasts fast-growing IoT constellation.

Godrej Aerospace strengthens its business in UK

Retrieved on: 
Thursday, August 11, 2022

MUMBAI, India, Aug. 11, 2022 /PRNewswire/ -- Godrej Aerospace, a business of Godrej & Boyce, the flagship company of the Godrej Group, aims to grow 3X in the next 3 years in the UK market. Godrej Aerospace has been manufacturing and supplying complex airworthy systems for aircraft applications, including critical sheet metal brackets, complex fabrications, hydraulic aggregates, crash-proof fuel tanks for helicopters, structural assemblies, and many other products for key global partners. With investments over 12.5 million USD in infrastructure and technology expansion, the company plans to steadily increase its share in the manufacture and supply of complex assemblies and sub-systems. 

Key Points: 
  • MUMBAI, India, Aug. 11, 2022 /PRNewswire/ --Godrej Aerospace, a business of Godrej & Boyce, the flagship company of the Godrej Group, aims to grow 3X in the next 3 years in the UK market.
  • UK continues to remain a key market for Godrej Aerospace and its partnership with global majors has made it a self-reliant leader in the worldwide arena.
  • One of the world's largest OEM of aircraft engines, based in UK, has given approvals and qualified Godrej Aerospace for various special processes.
  • Maneck Behramkamdin, AVP & Business Head, Godrej Aerospace said, "Global OEMs are opening avenues for partnering with Indian manufacturers and UK continues to remain a significant market for us.

Digantara Successfully Launches the World’s First Commercial, Space-Based Space Weather Monitoring System

Retrieved on: 
Wednesday, July 6, 2022

BENGALURU, India, July 06, 2022 (GLOBE NEWSWIRE) -- Digantara , the worlds first space-based active orbital surveillance platform building one-stop solutions for space operations, successfully launched the worlds first commercial, space-based space weather monitoring system, ROBI (ROBust Integrating proton fluence meter).

Key Points: 
  • BENGALURU, India, July 06, 2022 (GLOBE NEWSWIRE) -- Digantara , the worlds first space-based active orbital surveillance platform building one-stop solutions for space operations, successfully launched the worlds first commercial, space-based space weather monitoring system, ROBI (ROBust Integrating proton fluence meter).
  • Since the launch on June 30, Digantara has successfully established communication with ROBI and has been receiving data sets as expected.
  • This will enable Digantara to solve a major problem the space industry is facing tracking and evading space weather events.
  • Space weather is a complex phenomenon, and major space weather events can have significant repercussions on both space and terrestrial systems.

Global Rocket Propulsion Systems Market (2021 to 2026) - Growth, Trends, COVID-19 Impact, and Forecasts - ResearchAndMarkets.com

Retrieved on: 
Thursday, November 11, 2021

The high level of competition among space agencies is significantly high, which was evident for several decades.

Key Points: 
  • The high level of competition among space agencies is significantly high, which was evident for several decades.
  • During the forecast period, the same trend is expected to continue, and countries are projected to spend heavily on space exploration activities.
  • The country is supporting the organic growth of private companies by helping them invest in and penetrate the rocket propulsion systems market in the country.
  • In 2019, a Japanese aerospace start-up, Interstellar Technologies, successfully launched the country's first, privately developed rocket, the Momo-3 unmanned rocket.