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Reading: Hindustan Aeronautics Shares Achieve 1.5% on Settlement with SSLV 
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StockWaves > Financial News > Hindustan Aeronautics Shares Achieve 1.5% on Settlement with SSLV 
Financial News

Hindustan Aeronautics Shares Achieve 1.5% on Settlement with SSLV 

StockWaves By StockWaves Last updated: September 11, 2025 5 Min Read
Hindustan Aeronautics Shares Achieve 1.5% on Settlement with SSLV 
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September 11, 2025September 11, 2025



Shares of Hindustan Aeronautics Restricted (HAL) gained nearly 2% on 11 September after the corporate, together with the Indian Nationwide House Promotion and Authorisation Centre (IN-SPACe), NewSpace India Restricted (NSIL), and the Indian House Analysis Organisation (ISRO), signed a expertise switch settlement for the Small Satellite tv for pc Launch Automobile (SSLV) in Bangalore.

The SSLV is a three-stage rocket designed to ship satellites weighing lower than 500 kilograms into Low Earth Orbit (LEO). In line with the settlement, HAL will take up the expertise over the next two years, adopted by a ten-year manufacturing section. 

Moreover, the deal grants HAL a non-exclusive, non-transferable licence for design, manufacturing, high quality management, integration, launch operations, and post-flight evaluation, in addition to coaching and help.

D Okay Sunil, CMD, HAL, mentioned, “HAL will work carefully with IN-SPACe, ISRO, and NSIL to soak up, indigenise, and commercialise the SSLV expertise, making certain the best requirements of high quality and reliability in small satellite tv for pc launch companies. HAL recognises the strategic significance of SSL V in assembly the rising demand for launching small satellites for purposes in communication, earth remark, navigation, and extra. HAL’s efforts is not going to solely guarantee indigenous manufacturing of SSL V s but in addition create new alternatives for Indian MSMEs, begin -ups, and the broader industrial ecosystem.” 

Moreover, HAL can be in command of mass-producing SSLVs to fulfill each home and worldwide demand. 

Crucially, the settlement permits HAL to develop, personal, and function the launch automobile, boosting its long-term aim of creating a devoted house sector. The choice additionally alerts HAL’s transformation from a element provider to an end-to-end launch service supplier, permitting it to enter the fast-expanding small satellite tv for pc business, in line with the corporate.

Hindustan Aeronautics Restricted, based in 1940 and based mostly in Bangalore, is India’s largest aerospace and defence enterprise, in addition to one of many oldest and largest on this planet. Its operations embody the manufacturing of aeroplanes, helicopters, and elements, with notable merchandise being the Dhruv superior mild helicopter, the Tejas mild fight plane, and the Hindustan Ambassador automobile.

HAL can be chargeable for the creation and growth of latest merchandise and upgrades, in addition to the restore and refurbishment of aeroplanes and helicopters. Moreover, HAL manufactures important satellite tv for pc constructions. 

At 1:39 pm, the shares of Hindustan Aeronautics have been buying and selling 0.27% greater at Rs 4,570 on NSE.

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