Fri Jun 20 14:41:37 UTC 2025: **Summary:**

The Hindustan Aeronautics Limited (HAL) has secured a ₹511 crore Transfer of Technology (ToT) deal from the Indian Space Research Organisation (ISRO) to manufacture and operate Small Satellite Launch Vehicles (SSLVs). The deal, facilitated by the Indian National Space Promotion and Authorisation Centre (IN-SPACe), will enable the commercialization of SSLV launches, which can carry satellites weighing less than 500 kg into Low Earth Orbit (LEO). HAL was selected over two other consortia and will receive extensive training and support from ISRO over the next two years to build and launch two SSLVs. HAL intends to produce 6-12 SSLVs per year, potentially ramping up based on demand. The Indian government will determine the liability sharing arrangement for privately manufactured SSLVs, as per international regulations.

**News Article:**

**HAL Secures ₹511 Crore Deal to Build Small Satellite Launch Vehicles, Ushering in New Era of Commercial Spaceflight**

**Bengaluru – June 20, 2025** – In a significant step towards commercializing space launches, the Hindustan Aeronautics Limited (HAL) has been awarded a ₹511 crore Transfer of Technology (ToT) deal by the Indian Space Research Organisation (ISRO) to build and operate Small Satellite Launch Vehicles (SSLVs). The announcement was made by the Indian National Space Promotion and Authorisation Centre (IN-SPACe) on Friday, marking a key milestone in India’s space program.

The SSLV is a three-stage launch vehicle designed to deploy satellites weighing less than 500 kg into Low Earth Orbit (LEO). HAL emerged as the winning bidder among three shortlisted contenders, including consortia led by Alpha Design Technologies Ltd. and Bharat Dynamics Ltd.

“HAL will be giving ₹511 crore, a phased payment, for the ToT,” stated Pawan Goenka, Chairman of IN-SPACe. “During the two-year ToT phase, HAL will make at least two SSLV rockets with complete help and handholding from ISRO.”

The agreement, to be signed between HAL, NewSpace India Limited (NSIL), ISRO, and IN-SPACe, includes comprehensive training and support from ISRO teams to HAL personnel at both ISRO and HAL facilities. This collaborative effort aims to ensure the successful realization and launch of two SSLVs from an Indian launch port within the next two years.

Barenya Senapati, Director (Finance) at HAL, indicated the company’s intention to produce 6-12 SSLVs per year during the production phase, with the potential to increase output based on market demand.

Addressing concerns about liability for privately manufactured SSLVs, Dr. Goenka clarified that the Indian government will ultimately determine how launch liability is shared between the rocket owner and the government, adhering to international regulations.

This landmark deal underscores India’s commitment to fostering private sector participation in the space industry and positions HAL as a key player in the burgeoning commercial space launch market. The move is expected to significantly boost India’s capabilities in launching small satellites, further cementing its position as a leading spacefaring nation.

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