Launch Services Agreement between Antrix and TeamIndus Mutually terminated

Antrix and TeamIndus are mutually terminating the launch services agreement signed in 2016. Antrix remains committed to encouraging and promoting private enterprise in space. TeamIndus will continue with its goal of building a world class private aerospace company. TeamIndus also thanks Antrix for its assistance and looks forward to collaborating with Antrix in the future to take India higher and further into space.  Antrix takes this opportunity to wish TeamIndus all success in its future endeavours.