September 11, 2025

A technology transfer agreement was signed on September 10, 2025 between NewSpace India Limited, ISRO, IN-SPACe & Hindustan Aeronautics Limited (HAL) for the transfer of the Small Satellite Launch Vehicle (SSLV) technology at ISRO Headquarters, Bangalore.

The SSLV is a three-stage all-solid vehicle designed to launch satellites weighing up to 500 kg into Lower Earth Orbit (LEO). SSLV was developed by ISRO as a quick turnaround, on-demand launch vehicle that is amenable to industrial production and is targeted to cater to the global small satellite launch vehicle market. It can be launched from Sriharikota for inclined launches and also at the upcoming new launch site in Kulasekarapattinam for polar launches.

Shri Jayakrishnan S, CEO (Bangalore Complex)-HAL, Shri A. Rajarajan, Director, VSSC/ISRO, Shri M. Mohan, CMD, NSIL and Shri Rajeev Jyoti, Director (Technical), IN-SPACe, signed the agreement in the presence of Dr. V. Narayanan, Secretary,DOS / Chairman, ISRO, Dr. Pawan Kumar Goenka, Chairman, IN-SPACe, Dr. D. K. Sunil, CMD, HAL, and senior officials of HAL, ISRO, IN-SPACe & NSIL . The SSLV Technology Transfer Agreement is a major milestone enabled by the space-sector reforms announced by the Government of India. The successful commercialization of SSLV is expected to boost the Indian space ecosystem and meet the national and international demand for small satellite launch services.