ANTRIX LAUNCH ORDERS BOOKED UNTIL MID 2018

                                                                                                                                           ISRO Celebrates Successful, Landmark Mission

NEW MILESTONE:

                 Scripting history, the Indian Space Research Organisation’s (ISRO)  on Monday successfully launched eight satellites into two different orbits through single flight PSLV-C35 rocket mission in its maiden attempt. ISRO most trusted workhorse, the Polar Satellite Launch Vehicle (PSLV), in its 37th flight (PSLV-C35), carried and placed the 377 kg SCATSAT-1 and seven co-passenger satellites into polar Sun Synchronous Orbit (SSO).

New Orders

Expanding its commercial operations, ISRO has bagged orders to launch various satellites to the tune of more than Rs 250 crore. “Our order book size for launching various foreign satellites is about Rs 280 crore,” Antrix Corporation CMD S Rakesh said on Monday. He said it would take more than two years to complete the current orders for launching satellites. 

The Antrix Corporation is the commercial arm of ISRO. Stating that the company is looking at consolidating the performance and achievements of ISRO, he said the company closed last fiscal with a turnover of Rs 1,923 crore and is expected to close the current fiscal with a revenue of around Rs 2,000 crore.

“Discussions are on for getting more orders,” he added. ISRO Chairman AS Kiran Kumar said authorities were in discussions with others for contract manufacturing of meteorological satellites. According to him, Indian meteorological satellites have excellent capabilities.