Why in the News?
Satellite communications company OneWeb announced the arrival of 36 satellites in Sriharikota for its joint venture with NewSpace India Limited (NSIL).
Key Points:
About
OneWeb satellite constellation
- The OneWeb satellite constellation is a planned network of 648 Low-Earth Orbit (LEO) Satellites.
- Aim: To provide affordable high-speed internet broadband services.
- OneWeb satellites will be carried onboard GSLV-Mk III, ISRO’s heaviest rocket.
- Bharti Airtel, is a major investor and shareholder in OneWeb.
Low-Earth Orbit Satellites:
NewSpace India Limited (NSIL)
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Significance for India:
- The arrival of OneWeb satellites in India for launch can provide a huge impetus and even more global exposure to the country’s space industry.
- So far, ISRO has earned $279 million in foreign exchange by launching satellites for global clients through its commercial arm.