ITI Limited has informed the Exchange regarding a press release dated August 18, 2025, titled "ITI Limited Receives Appreciation from ISRO During Successful Launch of NISAR Satellite in GSLV F16".
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ITI Limited has announced that its Palakkad unit was appreciated by ISRO for fabricating critical components used in the successful launch of the NISAR satellite on July 30, 2025, aboard the GSLV F16 rocket. The Palakkad facility produced 28 Avionics Packages and 18 HMSA (Head-end Mounted Safe Arm) packages that flew on the NISAR mission, meeting all VSSC quality norms on time. NISAR is a joint NASA-ISRO Earth observation satellite with an estimated cost of US$1.5 billion, making it one of the world's most expensive Earth-imaging satellites. ITI's Chairman highlighted that the company has previously supported ISRO missions including Chandrayaan, Mangalyaan, Aditya L1, and LVM3 M2/OneWeb India-1, and looks forward to contributing to the upcoming Gaganyaan manned mission. The press release positions ITI as a 'trusted partner' of ISRO in delivering flight packages for space missions.
This is a positive reputational development for ITI Limited, strengthening its profile as a reliable PSU partner in India's space programme. While it does not indicate any immediate financial order or revenue, sustained recognition from ISRO could improve ITI's credibility in winning future defence and aerospace contracts, potentially supporting long-term business prospects.