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What is the short term outlook for Elgi Equipments Limited (522074) ✌️【Part-Time Earnings】✌️ Free global stock market data to help you plan the best investment strategies and seize market opportunities. The United States, Russia and China are the only other countries to have developed and tested the docking capability.

“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.

What is the short term outlook for Elgi Equipments Limited (522074) ✌️【Part-Time Earnings】✌️ Free stock selection services backed by expert predictions. Our advanced analytics and real-time market data will help you stay ahead of the competition and make smart, profitable 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.

What is the short term outlook for Elgi Equipments Limited (522074) ✌️【Part-Time Earnings】✌️ Expert market predictions, real-time updates, and personalized investment advice designed to help you succeed. Seize the best investment opportunities in global stocks, metals, and energy markets. 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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