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ISpA comment on Pixxel & Dhruva Space satellite launch on ISRO PSLV-C54/EOS-06

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ISpA comment on Pixxel & Dhruva Space satellite launch on ISRO PSLV-C54/EOS-06

Lt. Gen. AK Bhatt, Director General, Indian Space Association:

“The launch of Pixxel and Dhruva Space satellites on ISRO PSLV-C54/EOS-06 mission today yet again demonstrated the capability and potential of the Indian space startups. Today’s launch is a testimony of the determination of the Indian private space industry to take up new challenges and push for the growth of the Indian Space economy, which has huge potential. The Indian satellite services and application market is specifically focusing to address the increased demand for high bandwidth with low latency, providing communication services to the offline population, growth in the Internet of Things (IoT), and expanding remote sensing services, today’s launch also stirs the momentum in these services. Our heartiest congratulations to ISRO for the successful PSLV-C54/EOS-06 mission and both our members Dhruva and Pixxel on this achievement which will spur the positive momentum for the Make in India vision of our Hon’ble PM Shri Narendra Modi for the Indian space economy. As per the ISpA EY report, the satellite services and application segment is expected to form the largest share of the space economy accounting for 36%. The satellite manufacturing segment will be the 2nd fastest growing in the Indian space economy by 2025.”

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