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ISRO Plans To Develop Reusable Rockets
ISRO has invited the sector to join it in creating reusable rockets to carry heavy payloads.
The PSLV, ISRO's high-end rocket, is based on technology developed in the 1980s and cannot be utilised to launch rockets in the future.
ISRO Chairman S Somanath said the space agency was working on the design of the NGLV (Next-Generation Launch Vehicle) and would like the industry to collaborate on its development.
The rocket is intended to transport a 10 tonne payload to Geostationary Transfer Orbit (GTO) or a 20 tonne payload to low-Earth orbit.
With the first launch tentatively scheduled for 2030, ISRO expects to have the NGLV design finished in a year and make it available to industry for production.
In its reusable version, the NGLV could offer launch costs of $1900 per kg of cargo and $3,000 in its expendable form.