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Department of Space enters into pact with Agnikul Cosmos for launch vehicle development program

Our Bureau Chennai | Updated on December 03, 2020 Published on December 03, 2020

K Sivan, ISRO’s Chairman

Department of Space on Thursday entered into a Non-Disclosure Agreement (NDA) with Agnikul Cosmos Pvt. Ltd, a Chennai based start-up located in the National Centre for combustion R&D, IIT Madras, which builds small private satellite launch vehicle.

Under the NDA, the company will be enabled for accessing the facilities and technical expertise available in Indian Space Research Organisations (ISRO) centers to proceed with their launch vehicle development program, says a press release from ISRO.

The agreement is the first one of its kind, and the Department has signed after the establishment of IN-SPACe, the authorization and regulatory body under DOS for enabling private players to undertake space activities in India.

The NDA was signed in the presence of K Sivan, Secretary, DOS/ Chairman, ISRO, and Bhaskar Ramamurthi, Director, IIT Madras. R Umamaheswaran, Scientific Secretary, ISRO, was the signatory on behalf of Department of Space for the NDA with Agnikul Cosmos Pvt Ltd. Shri Srinath Ravichandran, CEO, Aginukul signed the NDA on behalf of the company, the release said.

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Published on December 03, 2020
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