Fintech

India’s Space Command

Indian space agency ISRO today successfully launched a navigation satellite, NVS-01, on board an expendable rocket, GSLV-F12, from Sriharikota in Andhra Pradesh. Nearly 20 minutes after the flight, the rocket deployed the satellite in a geosynchronous transfer orbit (GTO) at an altitude of about 251 km, ISRO said. GSLV-F12 is India’s larger rocket, which is crucial for future space missions.

  • “We now can launch even bigger payloads,” ISRO said.
  • The GSLV rocket, which had a failure in the past, carried the NVS-01 satellite onboard, the first of a new generation of communication satellites which is meant for a new constellation of Indian communication satellites.
  • These satellites will be an Indian alternative to Global Positioning Systems, or GPS, and enable users to get their precision location — which is crucial for multiple applications, ranging from map services, and regional navigation to positioning data for missiles.

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