The long-running suite of legal problems that surround the 2005 failed deal between India’s Space Research Organisation (ISRO) and its Antrix commercial arm show no sign of abating. Devas Multimedia, which signed a capacity deal with ISRO’s Antrix division, and despite having allegations of fraud set against Devas and certain ISRO employees, has now issued […]
Last week Devas Multimedia was ordered by India’s Supreme Court to be wound up. Devas is, however, determined to use the positive backing of various non-Indian courts and tribunals to be justified in pursuing its $1.2 billion (€1.06bn) compensation claim against Antrix, the former subsidiary of India Space Research Organisation (ISRO). Matthew McGill, a partner […]
The long-running and hugely expensive legal action between Devas Multimedia and the Antrix commercial arm of the Indian State Research Organisation (ISRO) has seen a ruling from India’s Supreme Court. The Court threw out the case brought by Devas. The Court’s ruling said: “We find all the grounds of attack to the concurrent orders of […]
Devas Multimedia, in its very long-running dispute with India’s Space Research Organisation (ISRO) and its commercial arm Antrix, has won approval on January 3rd to target assets held in Virginia and to enforce a previous arbitration award. ISRO was described in court as attempting a “brazen” plot hatched at its HQ in New Delhi to […]
India’s Space Research Organisation (ISRO) has won six contracts to launch four foreign commercial satellites. The orders – which came via ISRO’s commercial arm, New Space India – are worth about €132 million in fees for ISRO according to India’s space minister Jitendra Singh. Singh told parliamentarians that from 1999 to date, a total of […]
The very long-running dispute between India’s ISRO Antrix commercial division and a (then) satellite agreement with Devas Multimedia, commenced in 2005, continues to very slowly process through various courts and administrations. In essence, Devas has been awarded $1.2 billion, plus interest, in compensation by an international tribunal. The latest chapter saw Antrix saying in a […]
Bharti-backed low Earth orbit satellite communications company OneWeb has announced an arrangement through Letter of Intent with NewSpace India Limited (NSIL), the commercial arm of Indian Space Research Organisation (ISRO), to use Indian-built PSLV (Polar Satellite Launch Vehicle) and the heavier GSLV-MkIII (Geosynchronous Satellite Launch Vehicle) as potential platforms to launch OneWeb’s satellites in India […]
NewSpace India (NSIL), the renamed commercial arm of the Indian Space Research Organisation (ISRO), says that its new satellite GSAT-24, due to be launched by Arianespace early in 2022, has been fully leased. The client for the satellite is DTH broadcaster Tata Sky. “The entire satellite capacity on-board GSAT-24 will be leased to its committed […]
The long-running $1.8 billion legal dispute between Devas Multimedia and Antrix, the commercial arm of India’s Space Research Organisation (ISRO), received a major boost for Devas investors from a US federal court. In an August 16th order, the US federal court in Washington DC, granted permission to a group of Devas investors (CC/Devas Mauritius, Telcom […]
India’s Space Research Organisation has confirmed it is in discussions with the European Space Agency (ESA) and Israel’s Space Agency (ISA) on cooperating and identifying projects where the organisations could work together. The Secretary in the Department of Space and ISRO Chairman K Sivan held virtual meetings with DG of ISA Avi Blasberger and DG […]