Startups cheer HAL’s takeover of SSLV rocket; hope it boosts market for small satellites

June 23, 2025

, By The Economic Times

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With the defense PSU Hindustan Aeronautics Ltd (HAL) becoming the first Indian firm to own, build, and commercialise the Indian Space Research Organisation’s (ISRO) SSLV rocket, sections of Indian startups are hopeful the deal will help them rely less on launch service providers overseas, get better schedule visibility, and save on costs.

So far, most Indian startups, such as Pixxel, Digantara, and GalaxEye’s upcoming mission Drishti, have used SpaceX for their launches. Some startups have also conducted payload testing on ISRO’s shared…

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Startups cheer HAL’s takeover of SSLV rocket; hope it boosts market for small satellites

June 23, 2025

, Published By The Economic Times

With the defense PSU Hindustan Aeronautics Ltd (HAL) becoming the first Indian firm to own, build, and commercialise the Indian Space Research Organisation’s (ISRO) SSLV rocket, sections of Indian startups are hopeful the deal will help them rely less on launch service providers overseas, get better schedule visibility, and save on costs.

So far, most Indian startups, such as Pixxel, Digantara, and GalaxEye’s upcoming mission Drishti, have used SpaceX for their launches. Some startups have also conducted payload testing on ISRO’s shared…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

CarPlay is getting its biggest update in years, here’s what’s coming in iOS 26

Next News

Want to know where VCs are investing next? See at Disrupt 2025

The Economic Times

More like this

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