SOURCE: RAUNAK KUNDE / NEWS BEAT / IDRW.ORG
Indian Space Research Organisation (ISRO) has plans to develop a new rocket that is equipped with a space tourism module to be used to send people into space for as low as 8 crores. Target Price might seem steep but it is still far cheaper than the 33 crores that privately funded space tourism operators like Virgin Galactic are charging per seat.
ISRO plans to offer a seat to space at 8 crores that many privately funded space agencies like Blue Origin are targeting to boost this segment in the next decade. ISRO plans to develop a new rocket for space tourism using A public-private partnership (PPP) model.
As per ISRO, Space tourism by 2028 will be growing at a rapid pace, and many privately funded space agencies are eyeing this lucrative market for which they are already working on developing low-cost rockets that can lower the cost of a seat in the rocket.
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