Hyderabad firm MTAR Technologies has entered into a memorandum of understanding with Indian National Space Promotion and Authorization Centre (IN-SPACe) for design and development of a Two Stage to Low Earth Orbit all liquid small satellite launch vehicle.
Powered by semi-cryogenic technology, the launch vehicle proposed will have a payload capacity of 500 kg, MTAR said announcing the MoU with the Department of Space entity.
“Both the parties have entered into framework MoU for various requirements, including avionics, sub systems testing and facilitation of launch as well as any other requirements that might emerge during the course of design, development and launch phase. The MoU will remain in force for three years,” MTAR said in a filing to the stock exchange on December 12.
The company is taking a leap forward to graduate from precision engineering to complete system integration by initiating the development of a Two Stage to Low Earth Orbit all liquid small satellite launch vehicle project to address a payload of 500 kg in the Low Earth Orbit. It has adopted all liquid route to leverage more than three decades of expertise in manufacturing liquid propulsion engines,” MD Parvat Srinivas Reddy said. MTAR has seven manufacturing units, including an export-oriented unit based in Hyderabad. It caters to civil nuclear power, space, defence and clean energy sectors.
MTAR’s announcement to foray into small satellite launch vehicles comes close on the heels of a growing interest among private firms to foray into the space tech sectors. Two Hyderabad space tech startups, Skyroot Aerospace and Dhruva Space had made headlines. Skyroot Aerospace scripted history with Vikram-S, India’s first privately-developed rocket that was launched in November. Days later, Dhruva Space launched nano satellites.