Correct Answer : Vyom Space
The Indian Space Research Organisation (ISRO) announced on Tuesday(6th Dec 2022) that it has signed a memorandum of understanding (MoU) with Gurugram-based private space firm "Vyom Space Exploration and Services Private Limited" for its “human and cargo transportation capsule program.”
* The Indian National Space Promotion and Authorisation Centre, India's nodal space authorization body, facilitated the MoU.
* The startup is being incubated by ‘JSIIC,’ according to ISRO. The organisation kept private details about the incubation program and ISRO's target timelines.
* A ‘capsule’ in a space mission is a module that contains any cargo that will be carried to space. The capsule is what houses the astronauts on manned missions.
* With the exception of Elon Musk's SpaceX's reusable human and cargo module, Crew Dragon, the capsules have typically been single-use in nature.
* Vyom Space's founder and CEO, Manish Kukreti told a newspaper that the company has been working with
European research and development (R&D) partners to develop its product..
Source : Business World