ISRO’s commercial division NewSpace India Limited (NSIL) announce its first “demand-driven” communication satellite mission as part of Space reforms announce by the Government in June last year.
NSIL got mandate to undertake operational satellite missions on a “demand-driven” model, wherein it has the responsibility to build, launch, own and operate the satellite and provide services to its committed customer.
A Central Public Sector Enterprise (CPSE), under the Department of Space (DOS), is now undertaking its “1st demand driven communication satellite mission” call GSAT-24, a four-tonne class Ku- band satellite.
NSIL is getting this satellite built by ISRO (Indian Space Research Organisation) and will be launching it using Ariane-5 launcher operate by Arianespace.
NSIL Said :
“The entire satellite capacity on-board GSAT-24 will be lease to its committed customer M/s Tata Sky for meeting their DTH application needs,”.
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NSIL said it has entered into a necessary agreement with Tata Sky for utilising the satellite capacity on-board GSAT-24 and with Arianespace for seeking the launch services.
GSAT-24 satellite will be own and operate by NSIL on a commercial basis.
The GSAT-24 satellite mission will be fully funded by NSIL.
NSIL is envisaging the launch of GSAT-24 satellite during first quarter of 2022.
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