According to Union Minister Jitendra Singh, Indian Space Research Organisation (ISRO) is in process of developing a SmallSatelliteLaunch Vehicle (SSLV) with private participation. The satellite will be launched in first quarter of 2022.
SSLV will provide a payload capability of 500
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First developmental flight of SSLV is targeted to launch during the first quarter of 2022.
Government has sanctioned Rs 169 Crores to develop this project including the qualification and development of the vehicle systems as well as flight demonstration by three development flights namely, SSLV-D1, SSLV-D2 and SSLV-D3.
SSLV is being developed with the aim of launching small satellites commercially at a reduced price and higher launch rate as against the Polar Satellite Launch Vehicle (PSLV).