By BasisPoint Insight
June 23, 2025 at 10:18 AM IST
Hindustan Aeronautics Ltd. on Friday said it has emerged as the successful bidder for manufacturing and absorbing the design technology of the small satellite launch vehicle developed by the Indian Space Research Organisation.
The transfer of technology includes design documents, manufacturing know-how, quality control processes, integration and launch operations, post-flight analysis, and training support, HAL said in a stock exchange filing.
The company will now be responsible for mass-producing the launch vehicles to meet both Indian and global demand, it added.