Current Affairs · Space Infrastructure

Consider the following statements regarding the Kulasekarapattinam Spaceport: I. It is being developed as an alternative to Sriharikota for launches to Sun-Synchronous Polar Orbits (SSPO). II. The launch site will enhance the payload capacity of ISRO's Small Satellite Launch Vehicle (SSLV). III. As of July 2025, more than ₹700 crore has already been spent on the project. IV. Post commissioning, Non-Government Entities (NGEs) will also be able to launch from this spaceport. V. Its geographical location reduces the need for flight path corrections that affect payload efficiency. How many of the above statements are correct?