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HAL secures ₹511-crore deal for SSLV launches

Business

HAL just scored a big win—a ₹511 crore deal from ISRO to develop Small Satellite Launch Vehicles (SSLVs).
These rockets are designed to send satellites up to 500kg into low-earth orbit, and HAL beat out some major competitors for the contract.

HAL to collaborate with ISRO, NSIL, IN-SPACe over next 2 years

Over the next two years, HAL will team up with ISRO, NSIL, and IN-SPACe for a tech transfer—think hands-on training and building two SSLVs together.
This move isn't just about rockets; it marks a new step in India's push into commercial space launches and could boost our spot in global space tech.