New full-time head for ISRO’s commercial arm (Lead)
July 9th, 2011 - 7:37 pm ICT by IANS
Bangalore, July 9 (IANS) Senior space scientist V.S. Hegde was Saturday named the first full-time head of Antrix Corporation, the Indian space agency’s commercial arm, to aggressively tap growing market for airwaves and other space products.
Hegde’s appointment as chairman and managing director for Antrix comes about five months after it was decided to have separate full-time head to run the commercial arm following scrapping of its controversial deal with a private firm for scarce S-band allocation.
Until now, the chairman of the Indian Space Research Organisation (ISRO) also headed the Antrix.
Hegde, a remote sensing application expert, was ISRO’s scientific secretary.
Announcing the appointment of Hegde, ISRO chairman K. Radhakrishnana told reporters here that this was done to “ensure right kind of sharing of resources, allocation of resources, experts and priorities for Antrix”.
ISRO and Antrix had received flak earlier this year over a pact with private firm Devas Multimedia on allocation of S-band airwaves.
The deal was scrapped in February when the central government decided to restructure Antrix with a full-time head.
ISRO had said it had yet to launch the satellite from which the S-band was to be allocated and hence there was no loss to it or the country from the deal.
Antrix was set up in 1992 for commercial exploitation of ISRO’s expertise in space science.
- Indian space agency's commercial arm gets new head - Jul 09, 2011
- ISRO: A great institution's fall from grace (News Analysis) - Jan 25, 2012
- CAG slams Department of Space for Antrix-Devas deal - May 15, 2012
- Cabinet scraps ISRO-Devas deal - Feb 17, 2011
- ISRO forms panel to probe Antrix-Devas spectrum deal - Feb 12, 2011
- ISRO's Antrix Corporation to be restructured (Lead) - Feb 12, 2011
- No cheap selling of spectrum in Antrix-Devas deal: Review Committee - Feb 05, 2012
- PM forms commission to probe ISRO agreement - Feb 10, 2011
- Panel shows Devas deal was not wrong: Ex-scientist - Feb 05, 2012
- Madhavan Nair takes on government, says ISRO gone to dogs (Lead) - Jan 25, 2012
- DEVAS deal annulment only involves upfront costs: ISRO - Feb 10, 2011
- Government scraps ISRO's spectrum deal with Devas (Third Lead) - Feb 17, 2011
- Devas asserts agreement with ISRO legally binding - Feb 10, 2011
- ISRO deal a mistake, government corrected it: Antony (Lead) - Feb 17, 2011
- Cabinet not informed of S-band allocation in Antrix-Devas deal: PM - Feb 24, 2011
Tags: allocation of resources, application expert, central government, commercial arm, commercial exploitation, controversial deal, five months, full time, indian space research, indian space research organisation, isro chairman, managing director, pact, private firm, remote sensing application, space agency, space products, space science, space scientist, time head