How is the market cap and valuation of SML Isuzu Limited (505192) - Free Smart Money Group

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“Spacecraft docking successfully completed! A historic moment,” the Indian Space Research Organization (ISRO) said on X.

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“Congratulations to our scientists at ISRO and the entire space fraternity for the successful demonstration of space docking of satellites. It is a significant stepping stone for India’s ambitious space missions in the years to come,” Indian Prime Minister Narendra Modi said on X.

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In-docking technology is critical for future space endeavors, such as satellite servicing and when multiple rocket launches are required to achieve mission objectives.

Domestically developed docking technology will be crucial if India is to succeed in advancing its ambition of putting an Indian national on the moon, building a home-grown space station, and returning lunar samples, according to the ISRO.

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Before the docking, India on Sunday conducted a “trial attempt” where the two satellites were brought progressively closer together in orbit until they reached 3 meters apart, before moving back to a “safe distance.”

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India’s space ambitions have accelerated under Modi, who waselected to a third termlast June and has tried to assert India’s place on the global stage.

In 2023, India joined an elite space club becoming the fourth country to land a spacecraft on the moon. The historic Chandrayaan-3 mission, the first tomake a soft landingclose to the moon’s unexplored South Pole, has collected samples that arehelping scientists understandhow the moon was formed and evolved over time.

How is the market cap and valuation of SML Isuzu Limited (505192) ✌️【Value Investing】✌️ Expert market analysis and predictions for India, US, and European stocks. Stay updated with real-time data on stock indices, futures, and commodities to help you make informed, timely investment decisions. As part of its ambitious plans, India aims to launch its first crewed mission to space in the next few years, and put an astronaut on the moon – a feat only ever achieved by the US – by 2040.

How is the market cap and valuation of SML Isuzu Limited (505192) ✌️【Value Investing】✌️ Free access to professional investment advisors who provide real-time market data and trend analysis. Select top-performing stocks and boost your capital with expert strategies for market growth. The country has also set its sights on building its own space station by 2035, which will be called the “Bharatiya Antariksha Station,” and launching its first orbital mission to Venus in 2028. It also plans to return moon samples as part of its ongoing lunar Chandarayaan program in 2027.

India has also made amajor push to commercialize its spacesector in recent years, allowing private enterprise and easing approvals for foreign investment, which has focused on building and launching small satellites into low-Earth orbit more cheaply.

For Sunday’s docking experiment, the rocket and spacecraft were integrated and tested at private company Ananth Technologies, in a first for the country.

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