ISRO’s commercial arm, NewSpace India Limited (NSIL), on Friday announced its first “demand-driven” communication satellite mission as part of the space reforms announced by the government in June last year. NSIL, incorporated in March 2019, was mandated to undertake operational satellite missions on a “demand-driven” model, with the responsibility of building, launching, owning and operating the satellite and providing services to its committed customer.
As part of this initiative, NSIL, a Central Public Sector Enterprise (CPSE), under the Department of Space (DOS), is now launching its “first demand driven communication satellite mission” named GSAT-24, which is a four-tonne communication satellite. class Ku-band satellites. NSIL is getting this satellite manufactured by ISRO (Indian Space Research Organisation) and will launch it using Ariane-5 launcher operated by Arianespace. “The entire satellite capacity on GSAT-24 will be leased to its committed customer M. Tata Sky to meet the needs of their DTH application,” a statement from NSIL said.
NSIL said it has entered into necessary agreement with Tata Sky to utilize the satellite capacity on GSAT-24 and with Arianespace for seeking launch services. The GSAT-24 satellite will be owned and operated by NSIL on a commercial basis. The GSAT-24 satellite mission will be fully funded by NSIL. NSIL is envisaging the launch of the GSAT-24 satellite during the first quarter of 2022, it was said.
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