Cabinet nod to new company for commercial use of ISRO programmes

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The Union Cabinet, led by Prime Minister Narendra Modi, on Tuesday gave its endorsement for setting up another organization under the Department of Space, to financially misuse the innovative work did by Indian Space Research Organization (ISRO).

The activity would give different roads to business misuse of ISRO programs, including little satellite innovation exchange to industry, wherein the new organization will take permit from DoS/ISRO and sub-permit to enterprises; assembling of little satellite dispatch vehicles as a team with the private division; exchange of innovation created by ISRO focuses and promoting of some turn off advancements and items, both in India and abroad, among others, an official discharge said.

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