Isro plans to launch first privately built satellite by March

India’s space agency, Indian Space Research Organisation (Isro), plans to launch a navigation satellite that it would build jointly with a private firm, by March next year, beginning a process to outsource satellite manufacturing and free its resources to focus on research and deep space missions. Isro has received over 40 responses to a tender floated to invite private firms to jointly build a satellite and eventually transfer satellite-making technology for local and global needs. The space agency plans to hand-hold vendors to jointly build, test and certify two navigation satellites that it would launch to join the fleet of seven Navic satellites already in space. More

(Source: Business Standard - Sep 5)