Isro signs $18 million deal to launch Australian satellite

The Indian Space Research Organisation’s (Isro) commercial arm has signed a landmark launch service agreement with an Australian in-space servicing firm Space Machines Co. to launch its second Optimus spacecraft in 2026. 

Weighing 450 kg, this is the company’s largest Australian-designed and built spacecraft so far.

The mission, dubbed Space MAITRI (Mission for Australia-India’s Technology, Research and Innovation), is slated for a dedicated launch onboard Isro’s Small Satellite Launch Vehicle (SSLV) in 2026.

The launch will mark a milestone in the strategic partnership between Australia and India in the space domain, fostering closer ties between commercial, institutional, and governmental space organizations from both nations, Isro’s commercial arm, NewSpace India Ltd, said in a statement.  

By focusing on debris management and sustainability, the mission aligns with the core values and objectives of both countries, promoting responsible space operations and mitigating the growing threat of space debris, it added. 

The deal is valued at $18-million, Australia’s ambassador to India Philip Green said.  

“The Indian space industry has taken off . Australia is a committed partner – and are ready to share our dark skies, tracking assets & deep science capabilities for mutual benefit. We will also be funding specific partnerships to the tune of ₹100 crore over next three years,” Australia’s ambassador to India Philip Green said. 

The deal was announced at the India Space Congress 2024 held in Delhi by Rajat Kulshrestha, chief executive officer and co-founder of Space Machines Co., and Radhakrishnan Durairaj, chairman and managing director. 

“The collaboration with Space Machines Co. exemplifies the spirit of international cooperation in space and highlights the strategic partnership between Australia and India,” Durairaj said.

“As a launch service provider for the Optimus spacecraft, we are not only fostering the growth of our respective space industries but also contributing to the sustainable exploration and utilisation of space,” he added. 

Kulshrestha said the collaboration represents a significant leap forward for Australia’s space industry. 

“By combining our innovative spacecraft capabilities with India’s proven launch expertise, we are not only strengthening the ties between our nations’ space sectors but also demonstrating our shared commitment to sustainable space operations,” he said.