Axiom Space, a U.S.-based space firm, is now looking into the potential use of Indian launch vehicles for their journey to the International Space Station. This project is in line with Axiom’s larger objective of building a private space station that might eventually take the place of the International Space Station, which NASA plans to retire around 2030.
While no contracts have been signed, Pearly Pandya, director of international government business at Axiom, stated that discussions are ongoing with the ISRO and private Indian launch companies to determine the most appropriate partnerships and diversify the company’s supply chain.
Pandya suggested that Indian rockets may be utilised to transport raw materials required for the development of Axiom’s space station. The corporation is also looking into agreements with European countries to increase its supply chain choices. This strategic move comes after India and the US inked the Space Flight Agreement in August.
India’s private space sector has grown significantly after the government opened it up to private operators and established a $119 million fund to promote businesses. Private companies such as Skyroot and Agnikul are currently developing rockets, while investment in the Indian space industry has increased, reaching $126 million by 2023.
