ISRO is evaluating the next generation launcher for a heavy payload. (Representing)
New Delhi:
As India plans to set up its own space station by 2035, the Indian Space Research Organization (ISRO) is offering to work with the industry to develop reusable rockets capable of carrying heavy payloads into orbit. He gave.
Dubbed the Next Generation Launch Vehicle (NGLV), ISRO S chairman Somanath said the space agency was working on the rocket’s design and wanted the industry to collaborate with it in development.
“The intention is to involve the industry in the development process. Not all money has to be invested by us. We want the industry to invest in making this rocket for all of us, ”Somnath told PTI.
He said the rocket is expected to carry a payload of 10 tons in geostationary transfer orbit (GTO) or 20 tons in low Earth orbit.
Another ISRO official said the new rocket will be useful as India plans to have its own space station by 2035 and will undertake deep space missions, manned space flights, cargo missions and put several communication satellites into orbit. at the same time. I can’t wait to do it too.
NGLV is conceived as a simple and robust machine designed for mass production that will make space transportation more convenient.
Somnath said the Polar Satellite Launch Vehicle (PSLV), ISRO’s Warhorse rocket, is based on technology developed in the 1980s and cannot be used to launch rockets in the future.
ISRO plans to design the NGLV and roll it out to industry for manufacturing within a year, with the first launch likely scheduled for 2030.
The NGLV can be a three-stage rocket powered by a combination of green fuel such as methane and liquid oxygen or kerosene and liquid oxygen.
According to a presentation by Mr. Somnath at a conference earlier this month, the NGLV could offer a payload of $ 1,900 per kg in reusable form and a launch cost of $ 3,000 per kg in expendable form.
India’s space economy was estimated at $ 9.6 billion in 2020 and is expected to reach $ 12.8 billion by 2025, according to the ISpA-E & Y report entitled “Development of Space Ecosystem in India: Focusing on Inclusive Growth “.
In dollar terms, the satellite services and applications segment will be the largest by 2025 with $ 4.6 billion in business, followed by the $ 4 billion terrestrial segment, satellite production of 3.2 billion. billions of dollars and launches of 1 billion dollars.
The report states that India’s share in the launch services segment was estimated at $ 600 million in 2020 and is expected to grow at a 13% compound annual growth rate to reach $ 1 billion by 2025.
(This story was not edited by NDTV staff and is automatically generated from a syndicated feed.)