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Capitalism in space: India’s space agency ISRO has announced that it developing a smallsat rocket expressly designed to launch cubesats and thus compete with the new smallsat rocket companies now about to become operational.
ISRO has been very successful in providing a launch platform for smallsats on its PSLV rocket, but in this case the smallsats fly as secondary payloads, dependent on the needs of the larger primary satellite. It appears that the space agency has realized that their market share in this area is now threatened by the small rockets being developed by Rocket Lab and Vector, and is therefore moving to compete.
This announcement also provides more evidence that the space industry is splitting between smaller unmanned payloads and larger manned payloads. I predict that in ten years most unmanned satellites launched to circle the Earth will be tiny and launched on tiny rockets, while simultaneously we will see a new generation of giant rockets putting manned spacecraft into orbit and beyond.