Become Risk-Sharing Partners With Us, ISRO Tells IndustryAugust 26, 2010 at 9:51 am | Posted in Space Law Current Events | Leave a comment
by Sara M. Langston with the blog faculty
Source: Space Mart
Indian Space Research Organisation (ISRO) wants the industry, which already accounts for 60 per cent of its budget, to become a risk-sharing partner as the country’s space programme gets bigger and into the fast-track.
Delivering the keynote address at Bengaluru Space Expo 2010 here, a four-day exhibition focusing on space, satellites and its technologies, ISRO Chairman K. Radhakrishnan urged the industry to become a risk-sharing partner in the coming years, which he said, would add strength to both parties.
The idea is to leverage each other’s strengths, with the industry even providing sub-assemblies and very large systems for rockets, other space programmes and ground segment…more