HAL Signs SSLV Technology Transfer Agreement with ISRO, IN-SPACe & NSIL
Hindustan Aeronautics Limited (HAL), Indian National Space Promotion and Authorisation Centre (IN-SPACe), NewSpace India Limited (NSIL) and Indian Space Research Organisation (ISRO) signed the Small Satellite Launch Vehicle (SSLV) Technology Transfer Agreement in Bengaluru. Under this contract, HAL will absorb the technology in the first two years, followed by a 10-year production phase. The agreement grants HAL a non-exclusive, non-transferable license to the SSLV technology, which includes comprehensive design, manufacturing, quality control, integration, launch operations, and post-flight analysis documentation, as well as training and support. HAL will be responsible for the mass production of SSLV to meet Indian and global demands.
Key Highlights
- HAL, IN-SPACe, NSIL, and ISRO sign SSLV Technology Transfer Agreement.
- HAL to absorb SSLV technology over two years and then mass produce for 10 years.
- Agreement grants HAL non-exclusive, non-transferable license to SSLV technology.
- HAL to have autonomy to build, own and operate the launch vehicle.
- Strategic technology transfer to establish a dedicated space vertical for HAL.