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Hindustan Aeronautics Ltd (HAL) has secured the rights to manufacture the Small Satellite Launch Vehicle (SSLV) after emerging as the top bidder in a ₹511 crore tender, the Indian National Space Promotion and Authorization Center (IN-SPACe) said on Friday.
“This is one of the first instances of a space agency transferring complete launch vehicle technology to a company. HAL will now have the capability to independently build, own and commercialise SSLV launches,” said Dr Pawan Goenka, Chairman of IN-SPACe, calling the agreement “pivotal” for…
