Correct Answer : Option (C) - ₹1,100 Crore
The Indian Space Research Organisation (ISRO) had earned approximately ₹1,100 crore in the last five years from the launch of foreign satellites, Minister for Space "Jitendra Singh", told Rajya Sabha on Thursday(15th Dec 2022).
In the last five years, January 2018 - November 2022 ISRO, via its commercial arms, successfully launched 177 foreign satellites from 19 countries — Australia, Brazil, Canada, Colombia, Finland, France, Israel, Italy, Japan, Lithuania, Luxembourg, Malaysia, Netherlands, Republic ofKorea, Singapore, Spain, Switzerland, United Kingdom and the United States.
In July, Mr. Singh had said that ISRO had earned — over its lifetime — $223 million (~ ₹1,830 crore) from launching foreign satellite aboard the Polar Satellite Launch Vehicles (PSLV)
The latest figures include revenue from PSLV and launches aboard the Geo Synchronous Satellite Launch Vehicle (GSLV-MkIII, now renamed as LVM-3) launchers under commercial agreements.
These flights earned the organisation $94 million and €46 million (that in current Rupee values add up to around ₹1,100 crore), the Minister said in a written reply.
Earliert this year, the
LVM3, launched
36 OneWeb satellites in a single mission and for the first time an Indian company --
Skyroot Aerospace – sent
Vikram S, a
545-kg rocket privately-developed rocket into space on
November 18, 2022 as part of a mission called ‘
Prarambh.’.
Source : The Hindu
