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NewSpace

NewSpace India makes SpaceX order

NewSpace India, the commercial arm of India’s Space & Satellite Research Organisation, has ordered a launch from SpaceX despite India having its own rocket launch capability. NewSpace India says the satellite (a Ka-band high throughput craft) is needed to meet the broadband communication needs of the nation. The launch will take place in Q2 2024. […]

January 4, 2024By Chris Forrester

India’s space agency moves SSLV to private sector

India’s Space Research Organisation (ISRO) is to transfer its Small Satellite Launch Vehicle (SSLV) rocket launcher to the private sector. ISRO already has a commercial arm (NewSpace India) which took over responsibility for selling access to space in March 2019 and selling services to non-India clients. NewSpace India, wholly government owned, took over responsibility from […]

July 10, 2023

NewSpace Capital raises €100m

NewSpace Capital, a space-focused private equity firm based in Luxembourg, says it has reached an important milestone with its first closing of over €100 million in funding to instil a strong growth momentum in the New Space sector. The company says it is the first global space fund focusing on the growth stage of space […]

December 16, 2022By Chris Forrester

SES transponder deal with NewSpace India

SES has announced a contract with NewSpace India Ltd (NSIL) for 9 transponders on its SES-8 satellite. SES-8 was launched on a SpaceX Falcon 9 rocket in December 2013 to the 95 degrees East orbital slot. It has 33 Ku-band transponders so this nine transponder deal represents more than 25 percent of the satellite’s overall […]

July 29, 2021By Chris Forrester

India to privatise some ISRO functions

India State Research Organsation (ISRO) said last week that it wasn’t going to be privatised. But that hasn’t stopped plans to bring the private sector into many of its current functions. India’s government is now creating a batch of changes and reforms which will result in greater participation of India’s creative public sector and industries […]

August 24, 2020By Chris Forrester