India has plans to design and build a new reusable rocket for the global market that would significantly cut the cost of launching satellites, a top government official said on Monday."All of us want launches to be much cheaper than what we do today," Secretary in the Department of Space and Chairman of Indian Space Research Organisation (ISRO) S Somanath said. Addressing the seventh 'Bengaluru Space Expo 2022' and later talking to reporters, he noted that at present it takes about USD 10,000 to USD 15,000 to put a one-kg payload into orbit.
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