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Consider the following statements with reference to the Space MAITRI mission:
1. It is an initiative between NewSpace India Limited and Australia.
2. It aims to foster closer ties between commercial, institutional, and governmental space organizations.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Consider the following statements with reference to the Space MAITRI m...
Recently, the Australian government entered into an $18 million memorandum of understanding (MoU) with NewSpace India Limited (NSIL), the commercial arm of the Indian Space Research Organisation (ISRO) under the space MAITRI mission.
  • Space MAITRI (Mission for Australia-India's Technology, Research and Innovation), represents a major step forward in the strategic partnership between the two nations in the space domain.
  • It aims to foster closer ties between commercial, institutional, and governmental space organizations from India and Australia.
  • It focuses on debris management and sustainability, aligning with both nations' core values and objectives in promoting responsible space operations and mitigating the growing threat of space debris.
  • Under this agreement, NewSpace India Limited will launch Australia’s Space Machines Company's second Optimus spacecraft in 2026.
  • The 450kg Optimus spacecraft, the largest Australian-designed and built spacecraft to date, will be launched on ISRO's Small Satellite Launch Vehicle (SSLV).
Key facts about NewSpace India Limited
  • It is a commercial arm under Department of Space (DoS), Government of India.
  • It was incorporated in March 2019 and was set up to take high technology space-related activities in India.
  • Under the new space policy reforms announced by the Government of India in June 2020, NSIL is to undertake operational satellite missions on a “demand-driven” model.
  • They are responsible to build, launch, own and operate the satellite and provide services to customers.
  • It is headquartered in Bengaluru.
Hence both statements are correct.
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Most Upvoted Answer
Consider the following statements with reference to the Space MAITRI m...
Explanation:

Space MAITRI Mission:
The Space MAITRI mission is an initiative between NewSpace India Limited (NSIL) and Australia.

Objectives:
The main objective of the Space MAITRI mission is to foster closer ties between commercial, institutional, and governmental space organizations of both countries.

Collaboration:
The collaboration aims to enhance cooperation in various aspects of space technology, including satellite development, launch services, and space exploration.

Significance:
This initiative not only strengthens the bilateral relationship between India and Australia but also paves the way for future joint ventures and collaborations in the space sector.
Therefore, both statements given in the question are correct. The Space MAITRI mission is indeed an initiative between NewSpace India Limited and Australia, aimed at fostering closer ties between commercial, institutional, and governmental space organizations.
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Consider the following statements with reference to the Space MAITRI mission:1. It is an initiative between NewSpace India Limited and Australia.2. It aims to foster closer ties between commercial, institutional, and governmental space organizations.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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