ISRO transfers satellite bus technology to private firm

ISRO on Saturday said it has transferred the IMS-1 Satellite Bus Technology to Alpha Design Technologies Pvt. Ltd in a step towards enhancing private industry participation in the country's space sector. NewSpace India Limited (NSIL), the commercial arm of ISRO, facilitated the technology transfer through an agreement signed during an event held at the NSIL headquarters on August 2, the space agency said on its website.

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