Tata Elxsi shares rise over 3% after partnering with ISRO for Gaganyaan Mission

Tata Elxsi has collaborated with Indian Space Research Organization (ISRO) to design and develop crew module recovery models for its upcoming Gaganyaan Mission, leading to a boost in the company’s share value by over 3%. Tata Elxsi has delivered the assigned models to Naval training teams at Kochi and Visakhapatnam to train the recovery teams. The Gaganyaan project consists of sending a crew into space for a three-day mission and safely bringing them back to Earth. One of the key requirements of the project is to ensure the safe recovery of the crew with minimal lapse of time.