Jolt to Isro as ‘moneyspinner’ SSLV fails in maiden voyage

The failure of the Small Satellite Launch Vehicle (SSLV-D1) to place two satellites in their desired orbit during its maiden voyage on Sunday morning has given a jolt to Isro as the mini-PSLV was being promoted as a “launcher on demand” and a “moneyspinner” as it was supposed to carve a niche for itself in the $4.08 billion small commercial satellite market.

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