Dept of Space inks NDA with small satellite launch vehicle maker Agnikul

Topics satellite launch | ISRO | IIT Madras

Moim S P M (left) and Srinath Ravichandran, co-founders, Agnikul Cosmos
The Department of Space (DoS) on Thursday entered into a non-disclosure agreement (NDA) with Agnikul Cosmos Pvt Ltd, which is building a small satellite launch vehicle. Under the NDA, the company will be allowed to access the facilities and technical expertise available at the centers of the Indian Space Research Organisation (Isro) to proceed with its launch vehicle development programme.

Agnikul is a Chennai-based start-up located in the National Centre for combustion R&D at the Indian Institute of Technology, Madras.
The agreement is the first of its kind that the department has signed after the setting up of IN-SPACe, the authorisation and regulatory body under DoS to enable private players to undertake space activities in India.

The NDA was signed in the presence of DoS Secretary K Sivan (also the chairman of Isro), and IIT Madras Director Bhaskar Ramamurthi. The signatories were Isro Scientific Secretary R Umamaheswaran on behalf of the DoS, and Aginukul Chief Executive Officer Srinath Ravichandran  on behalf of the company.

Sivan, along with Isro centre directors assured all support to Agnikul for testing and qualifying its launch vehicle.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel