LVM3 (Launch Vehicle Mark-III) is the most powerful rocket developed by ISRO, pivotal in the Chandrayaan-2 and Chandrayaan-3 missions. This advanced rocket boasts the capability to carry satellites weighing up to 4 tonnes to geostationary orbit and 8 tonnes to lower Earth orbits. Its design marks a significant milestone in India's space exploration efforts.
ISRO's commercial arm, New Space India Limited (NSIL), has initiated a plan to invite private firms for the manufacturing of LVM3 rockets. This collaboration is set to last for 14 years, commencing with a two-year development phase focused on technology transfer. The selected private partner will be responsible for producing 4 to 6 LVM3 rockets each year during the subsequent 12 years.
In the realm of heavy payload launches, SpaceX's Falcon 9 stands out as a formidable competitor. Meanwhile, many other countries' launch vehicles are currently grappling with operational challenges or are preoccupied with their national missions. This scenario presents a prime opportunity for India's LVM3 to capture a larger share of the satellite launch market.
Moreover, ISRO is expanding its horizons by opening the manufacturing of the Small Satellite Launch Vehicle (SSLV) and the Polar Satellite Launch Vehicle (PSLV) to private players. The first privately manufactured PSLV is anticipated to launch in August this year, marking a significant step towards a more integrated space industry.
Q1. What is the significance of LVM3 in ISRO's missions?
Answer: LVM3 is crucial for ISRO as it supports significant missions like Chandrayaan-2 and Chandrayaan-3, showcasing India's advanced rocket technology.
Q2. How does the commercialisation of LVM3 benefit the Indian economy?
Answer: The commercialisation allows private firms to participate in space launches, creating jobs and stimulating economic growth through new business opportunities.
Q3. How many rockets will the private partner produce annually?
Answer: The selected private partner will manufacture between 4 to 6 LVM3 rockets each year for 12 years after the initial development phase.
Q4. What challenges do other countries face in the launch vehicle market?
Answer: Other countries are encountering operational difficulties or are engaged with national missions, which creates a favorable environment for India's LVM3 to thrive.
Q5. What role does NSIL play in ISRO's commercialisation efforts?
Answer: NSIL is responsible for managing the commercial aspects of ISRO's projects, including inviting private firms to collaborate on the LVM3 manufacturing initiative.
Question 1: What is the primary purpose of LVM3?
A) To conduct manned missions
B) To support satellite launches
C) To replace PSLV
D) To explore Mars
Correct Answer: B
Question 2: How long is the commercial collaboration for LVM3 expected to last?
A) 5 years
B) 10 years
C) 14 years
D) 20 years
Correct Answer: C
Question 3: Which company is responsible for the commercialisation of LVM3?
A) ISRO
B) NSIL
C) SpaceX
D) SSLV
Correct Answer: B
Question 4: What will the selected private partner focus on during the initial phase?
A) Launching satellites
B) Technology transfer
C) Developing new rockets
D) International collaborations
Correct Answer: B
Question 5: What is one benefit of increased private sector participation in ISRO's projects?
A) Reduced costs
B) More global competition
C) Enhanced satellite launch capabilities
D) Fewer job opportunities
Correct Answer: C
Question 6: Which vehicle is a major competitor in the heavy payload launch market?
A) PSLV
B) LVM3
C) Falcon 9
D) SSLV
Correct Answer: C
Question 7: What new initiative is ISRO introducing alongside LVM3?
A) Manned missions
B) SSLV manufacturing
C) Lunar missions
D) Mars exploration
Correct Answer: B
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