Yesterday, ISRO (India Space Research Organisation) has launched record 104 satellites beating Russia’s record which was 37 satellites in one go. The record launch has established more credibility of ISRO in international space market.
Apart from technology and its 100% successful foreign satellite launches, ISRO also challenging other international players on the pricing point. As per the data available, for a satellite launch SpaceX (company owned by Elon Musk) charge around USD 60 million, while ISRO charged an average of USD 3 million per satellite between 2013 and 2015.
Last year in FY16, ISRO made 239 crore through commercial launch. The forex revenue for ISRO’s commercial arm, Antrix Corporation, went up 204.9 percent in 2015. In 2016, ISRO launched 10 Indian satellites and 22 foreign satellites. The launch capacity available with ISRO earned a revenue of around Rs 239 crore through commercial launch services, which is about 0.6 percent of the global launch services market.
As per the reports, the average annual revenue of international market for space is close to Rs 13 lakh crore, of which, the launch services market is worth Rs 0.37 lakh crore.
So coming to the point of revenue, Out of the 104 satellites, 101 are foreign satellites and as per the ISRO charges the total revenue ISRO generated was USD 300 million.
ISRO’s global client list includes EADS Astrium, Intelsat, Avanti Group, WorldSpace, Inmarsat, World Sat, DLR, KARI, Eutelsat and several other space institutions across Europe, West Asia and South-East Asia.
The next challenge for ISRO is to compete with SpaceX, which will eventually drastically reduce launch costs in future using its relaunch capability.” SpaceX already has about 70 launches in its kitty worth $10 billion in contracts. These include commercial satellite launches (which ISRO does) and missions for NASA under a $1.6 billion contract to fly a series of 12 cargo resupply missions to the International Space Station, besides carrying crew. займ на карту сбербанк онлайнвэббанкир займвзять займ на карту без отказов