Bengaluru (Karnataka): NewSpace India Limited (NSIL) undertakes its "1st Demand Driven” Communication satellite mission as part of Space Reforms NewSpace India Limited (NSIL). The entire satellite capacity on-board GSAT-24 will be leased to its committed customer Tata Sky for meeting their DTH application needs.
NSIL has entered into a necessary agreement with Tata Sky for utilising the satellite capacity on-board GSAT-24 and with Arianespace for seeking the launch services. GSAT-24 satellite will be owned and operated by NSIL on a commercial basis. GSAT-24 satellite mission will be fully funded by NSIL and is envisaging the launch of the GSAT-24 satellite during the 1st quarter of 2022.
As part of this initiative, NSIL is now undertaking its “1st Demand Driven communication satellite mission” named GSAT-24 which is a 4-tonne class Ku-band satellite. NSIL is getting this satellite built by ISRO and will be launching it using the Ariane-5 launcher operated by Arianespace. The entire satellite capacity on-board GSAT-24 will be leased to its committed customer Tata Sky for meeting their DTH application needs.
After NSIL agreed on TATA Sky, four more companies are almost done with the negotiations with NSIL. At this point, before inking the agreement name of the other DTH, the company name can't be disclosed, said ISRO senior scientist.
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