Hindustan Aeronautics Ltd. (HAL) has become the first Indian firm to fully acquire the technology for ISRO's Small Satellite Launch Vehicle (SSLV) for Rs 511 crore. IN-SPACe announced this complete transfer of technology as a significant milestone, enabling HAL to independently own, build, market, and launch the rocket after an initial two-year period of assistance from ISRO.
Hindustan Aeronautics Ltd. (HAL) has become the first Indian firm to fully acquire the technology for ISRO's Small Satellite Launch Vehicle (SSLV) for Rs 511 crore. IN-SPACe announced this complete transfer of technology as a significant milestone, enabling HAL to independently own, build, market, and launch the rocket after an initial two-year period of assistance from ISRO.