HOW MUCH ISRO earn from satellite business

HOW MUCH ISRO earn from satellite business
Commercial Launching of Satellite
As on date, Antrix Corporation Limited (Antrix), the commercial arm of Indian Space Research Organisation (ISRO), has successfully launched 209 foreign satellites from 29 countries under a commercial arrangement.

The names of the countries whose satellites have been successfully launched include viz. Algeria, Argentina, Austria, Belgium, Canada, Chile, Czech Republic, Denmark, Finland, France, Germany, Italy, Indonesia, Israel, Japan, Kazakhstan, Latvia, Lithuania, Luxembourg, Netherlands, Norway, Republic of Korea, Singapore, Slovakia, Switzerland, Turkey, UAE, UK and USA.

During the last three years, starting from April 2014 till March 2017, Antrix has earned revenue of approx. 107 Million Euros and 4.5 Million USD in Foreign Exchange.

Year

Countries whose satellites were launched

Revenue earned by Antrix

2014-15

Canada, France, Germany, Singapore

18 M Euro

2015-16

Canada, Indonesia, Singapore, UK, USA

55 M Euro

2016-17

Algeria, Canada, Germany, Indonesia, Israel, The Netherlands, Kazakhstan, UAE, USA

34 M Euro and 4.5 M USD

Antrix Corporation Limited has enabled launches of satellites belonging to many companies of various countries under a commercial arrangement. Some of the companies with whom such commercial launch service arrangements were executed include viz. Airbus Defense & Space, France; Comdev Ltd, Canada; Space Flight Laboratories, Canada; Surrey Satellite Technology Limited (SSTL), UK; ST Electronics, Singapore; Innovative Space Logistics, The Netherlands; Planet Inc, USA; Tyvak Inc, USA and Spaceflight Industries, USA.