ISRO earns six million euros from satellite launches in June

Written By DNA Web Team | Updated: Jul 20, 2017, 12:33 PM IST

The ISRO has earned six million euros by launching 29 nano satellites from 14 countries in a PSLV rocket launch in June this year, the government told the Lok Sabha.

The ISRO has earned six million euros by launching 29 nano satellites from 14 countries in a PSLV rocket launch in June this year, the government told the Lok Sabha.

Jitendra Singh Union Minister, Minister of State in the Prime Minister's Office, said the Indian Space Research Organisation has launched 130 foreign satellites in the first six months of the current year. In a written response to a question in the Lok Sabha, Singh said on June 23, the ISRO launched an Indian earth observation satellite 'Cartosat-2 Series' on-board the Polar Satellite Launch Vehicle C-38 with 30 nano satellites.

While one nano satellite belonged to Noorul Islam University from Tamil Nadu, the rest were from Austria, Chile, Belgium, France, Finland, Czech Republic, Germany, Italy, the USA, Latvia, Lithuania, Slovakia and the UK.

"Antrix (a PSU under the ISRO) has earned foreign exchange of about 6.1 million euros through launching of the 29 nano satellites," he said. Singh said on February 15, the ISRO launched 104 satellites in a single launch.