Big-bang year: Isro targets five commercial small rocket launches this fiscal
Isro plans five commercial launches of its Small Satellite Launch Vehicle (SSLV) in FY27, a significant step for India's space ambitions. The SSLV is designed to place small satellites in low-earth orbit and is expected to be a key rocket for India's growing space industry.
The Indian Space Research Organisation (Isro) is gearing up for a significant year for its small rocket, the Small Satellite Launch Vehicle (SSLV). Isro expects to hold five commercial launch missions of the SSLV in FY27. The SSLV is designed to place small satellites in low-earth orbit and is expected to be a key rocket for India's space ambitions. India's space industry generated $8.4 billion in annual revenue and is projected to expand to $44 billion by 2033. Two private space startups, Skyroot Aerospace and Agnikul Cosmos, are also expected to launch their first commercial small rocket missions this fiscal. Isro's annual spending has been less than the budgetary allocations since FY22, with a budget of ₹13,706 crore this year.
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