Skyroot Aerospace signs MoU with ConnectSAT to provide launch services for "OSIRIS"

 

Paris: India's private aerospace company "Skyroot Aerospace" & France's private aerospace company "ConnectSAT" signed a Memorandum of Understanding (MoU) for future cooperation to explore and develop the African space market for various social applications and monitoring and surveillance solutions through the “OSIRIS” project, a constellation of satellites Africans for social impact and resource management.

The objective of this collaboration is, in the short term, to participate in the launch of satellites on the African satellite market and, in the medium term, to build, operate and transfer a launch base in Africa.

Africa's space industry is projected to grow to over $10.29 billion by 2024, with a growing number of companies and innovations, according to the African Space Industry's 2019 Annual Report. The establishment of the "African Space Agency" (AfSA) will further promote, advise and coordinate the development and use of space science and technology in Africa, in line with AU Agenda 2063.