ISRO has signed a USD 10 million contract with the ESA to launch an Italian satellite next year.
ISRO chairman G. Madhavan Nair told reporters here Saturday the space organisation had signed the $10-million contract with the European Space Agency to launch the Italian satellite on behalf of the European Union.
"It will be the first time ISRO will be launching a separate foreign payload on board the PSLV from the Satish Dhawan Space Center at Sriharikota in Andhra Pradesh. The deal signals the agency's foray into the space market in a big way," Nair stated.
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