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Vineet Saxena

10th Sep · SEBI-Registered Analyst

🚀 A Historic Leap for India’s Space Industry by
HAL
🌌

On September 10, 2025, Hindustan Aeronautics Limited (

HAL
), in collaboration with IN-SPACe, NSIL, and ISRO, signed the Small Satellite Launch Vehicle (SSLV) Technology Transfer Agreement in Bengaluru. The SSLV is a three-stage vehicle capable of launching satellites under 500 kg into Low Earth Orbit (LEO). This agreement empowers HAL with: 🔹 A 2-year technology absorption phase, followed by a 10-year production phase 🔹 Rights to comprehensive design, manufacturing, integration & launch operations 🔹 Non-exclusive license to build, own & operate SSLV for Indian and global markets With this milestone, HAL transitions from a component supplier to a full-scale launch service provider, strengthening its long-term strategy to establish a dedicated space vertical. This strategic step places HAL at the forefront of the rapidly expanding small satellite market, marking a new era where India’s aerospace and defence capabilities meet global commercial space demand. 🌍 From aircraft to spacecraft – HAL is redefining horizons.

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