The Department of Space (DoS) plans to realise entirely-built rockets -- GSLV-Mk III and SSLV -- from Indian industry partners, in addition to PSLV, according to a top official of its commercial arm NSIL. NSIL (NewSpace India Limited) has received three bids -- HAL-L&T, BEL-Adani-BEML, and BHEL, in response to the request for proposal (RFP) floated by it for end-to-end production of PSLV (Polar Satellite Launch Vehicle). "We are now going through the techno-commercial evaluation (in respect of the three bids)", NSIL Chairman and Managing Director, Radhakrishnan D, told PTI here. He said the process will be completed within the next two months with one of the bidders bagging the contract. The selected bidder will be responsible for realisation of five numbers of PSLV. Immediately after selection of the bidder to produce the entire PSLV, NSIL will release Expression of Interest (EOI) for end-to-end production of another operational rocket -- GSLV-Mk III (Geosynchronous Satellite ...
At the top-end, Paras Defence will have a market capitalisation of Rs 683 crore on a post-diluted basis
Presently, all FDI in the space sector has to be cleared by the government while the industry wants the investment under the automatic route.
Niti Aayog's Atal Innovation Mission in collaboration with ISRO and CBSE has launched 'Space Challenge' for school students across India, an official statement said on Friday.
The price more than doubled from the roughly $200,000 price point the company had years ago
During pre-launch preparations, Boeing engineers detected "unexpected valve position indications" in its propulsion system, Boeing said in a statement
Blue Origin, the rocket company founded by billionaire Jeff Bezos, said on Friday it remained convinced that there were "fundamental issues" with NASA's decision
Union Minister of State in the Department of Space Dr Jitendra Singh informed the Lok Sabha on Wednesday
Jeff Bezos blasted into space Tuesday on his rocket company's first flight with people on board, becoming the second billionaire in just over a week to ride his own spacecraft.
The mission caps a landmark month for space-tourism ventures, following by nine days a trip to the heavens by UK billionaire Richard Branson on a special plane made by Virgin Galactic Holdings Inc
The American billionaire is due to fly on an 11-minute voyage to the edge of space
VAN HORN, Texas (Reuters) -Jeff Bezos, the world's richest person, is set on Tuesday to blast off aboard his company Blue Origin's New Shepard https://graphics.reuters.com/SPACE-EXPLORATION/BLUEORIGIN/jbyprzzympe/blue-origin.jpg launch vehicle for a suborbital flight as part of a history-making crew - another milestone in ushering in a new era of private space travel.
It's likely to be a busy year for space developments, as Amazon.com founder Jeff Bezos prepares for a space trip next week in a Blue Origin rocket
Bezos, 57, stepped down last week as Amazon's CEO.
SpaceX and Tesla CEO Elon Musk has bought a $250,000 ticket to space from fellow billionaire Richard Branson's Virgin Galactic
Shares of Virgin Galactic Holdings Inc. jumped as much as 22% in premarket U.S. trading on Monday, just above an all-time peak reached in February.
Sunday's launch of the VSS Unity passenger rocket plane marked the company's 22nd test flight of its SpaceShipTwo system, and its fourth crewed mission beyond Earth's atmosphere.
This comes following a successful test flight last month
China successfully launched its longest crewed space mission to date on June 17
Bestselling author Stephen Walker has produced an utterly binge-worthy yet sobering history of spaceflight set against the biggest existential conflict of the 20th century