Moon mission spells money for Isro

Moon mission spells money for Isro

New Delhi: India’s Chandrayaan-I mission in October has not only successfully put a satellite in the moon’s orbit but it has done it at one-fourth the cost. And this has made countries across the globe sit-up and take notice. The Indian Space Research Organization or Isro expects to get an additional revenue of Rs500-Rs600 crore per year in new orders from foreign clients for making and launching satellites.

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/Content/Videos/2008-12-25/Mint TV/2412_Chandrayan_Pkg_MINT_TV.flv3ed200c2-d1cb-11dd-b05d-000b5dabf636.flv“We have now commitments to launch for four different customers — Algeria, Netherlands, Italy and Singapore. And there are also indications that there could be further demand for a launch from PSLV and GSLV when it becomes operational," says KR Sridhara Murthy the managing director of Antrix Corporation.

Buoyed by the success of Chandrayaan-I, space scientists now plan to conquer new frontiers by sending a robot on moon in 2012 and a spacecraft to Mars the following year, which will also see an Indian astronaut in space.

Indian Space Research Organisation (Isro) has lined up a slew of missions, which also include landing a spacecraft on an asteroid and sending a probe to fly past a comet.

Isro plans to send an Indian astronaut in space onboard a Russian mission in 2013 and follow it up with two Indian astronauts on a seven-day mission on an indigenously developed rocket in 2015.