"The ISRO is developing the cryogenic engine to power its GSLV (geosynchronous satellite launch vehicle) rockets. Once ISRO perfects the technology, we will make the engine as the space agency has asked us to do it." Pillai said. The company's wholly owned subsidiary BrahMos Aerospace Thiruvanthapuram Ltd (BATL) that already makes the liquid fuel powered engines and fuel tanks for rockets will make the cryogenic engine, he added.
BrahMos Aerospace is a joint venture between India's Defence Research Development Organisation (DRDO) that holds 50.5 percent stake and Military Industrial Consortium/MPO Machinostroyenia of Russia holding the remaining stake. According to Pillai, $300 million has gone into the venture. Speaking about the supersonic cruise missile for the Indian Air Force, he said it will be ready next year.
"Our supersonic missile, traveling at Mach 2.8, hits the target with nine times more kinetic energy than other missiles in the world," he said. About the hypersonic missile that would have a speed of Mach 7 - or seven times the speed of sound - he said: "The basic technology is being developed. It will take around six years to come out with a missile." On the localisation levels achieved by the company in making missiles, Pillai said the Russians provide the engine components while Indian industries provide the guidance systems.
Last month BrahMos Aerospace and NPO Machinostroyenia signed an agreement ruling out any price escalation. The Russian partner also committed full support of its specialists so that some of the components that are now imported could be locally manufactured.
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