The government has introduced a policy to encourage the participation of private companies in space technology as part of the reforms in the field, ISRO chief S Somanath said on Saturday.

The government will consult with industries and startups to strengthen space ecosystems within the framework of public-private partnership in infrastructure, remote sensing and development of new technologies, Somanath told reporters on the sidelines of the 26th convocation of the University of Karunya here.

Regarding the investment, he said it would be 100% for Indian companies and 70% through FDI with the approval of the Centre.

Asked about the launch of the small satellite launcher (SSLV), Somanath replied that it would be done by the end of the month or the beginning of August.

Asked about starting a launch pad at Kulasekharapatnam in Tamil Nadu, he said the state government had allocated 2,000 acres of land and after developing the required infrastructure, it could be ready to start. two years from now.

Regarding Gaganyaan’s highly anticipated program, Somanath said that testing and trials are underway for the project. “We can’t just send a human into space, but we also have to make sure the human comes back,” he said.

To another question about the usefulness of “agniveers” at ISRO, Somnath said that he had already announced that there were job opportunities for them.

Earlier, addressing university students, Somanath said the need of the hour is not just for specialists, but for practitioners who think across borders, recognizing the connections between the problems to be solved.

University Chancellor Paul Dinakararan conferred doctorates (honoris causa) on Somanath and Professor Colin Price, Head of Environmental Studies, Tel Aviv University, Israel.

(Only the title and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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