Antrix may sign pacts to launch large satellites

Antrix may sign pacts to launch large satellites

SHARE

Hyderabad, India, July 14, 2007: Eyeing the lucrative global commercial satellite launch market, Antrix Corporation Ltd is targeting at least one satellite launch every year on a commercial basis.

The commercial arm of the Indian Space Research Organisation (ISRO) is currently in talks for contracts to launch of two to three large satellites in the 2.2 to 2.4 tonne range while it is also likely to conclude deals for 2-3 smaller satellites. Apart from satellite launches, Antrix is in the market for remote-sensing services, satellite transponder rentals and design development and management of satellite systems.

Antrix is targeting the emerging market for small scientific and commercial satellites of up to the 600 kg class, a segment from which the Europeans and the US launch majors such as Arianespace, Lockheed Martin and Boeing have moved out.