HomeNewsBusinessAgnikul Cosmos to patent 3D-printed rocket engine

Agnikul Cosmos to patent 3D-printed rocket engine

India’s space technology ecosystem has an advantage because of its practices and policies, says Agnikul Cosmos cofounder Srinath Ravichandran

May 05, 2022 / 20:11 IST
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From left: AgniKul Cosmos co-founder and COO Moin SPM and CEO Srinath Ravichandran
From left: AgniKul Cosmos co-founder and COO Moin SPM and CEO Srinath Ravichandran

Agnikul Cosmos, the space tech startup incubated at the Indian Institute of Technology Madras, will apply for a patent for its full-scale, second-stage engine Agnilet, which it claims is the world’s first single-piece 3D-printed rocket engine. This means it’s been made in one shot without the thousands of parts that are typically assembled in a conventional rocket engine.

Agnikul Cosmos has also developed its own mobile launchpad, which allows it to launch rockets from any authorised port. The startup is awaiting final approvals from the Indian Space Research Organisation to launch its rockets from Sriharikota. By developing its own mobile launch pad, the startup is in a better position to scale up its business in the future.

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In an interview with Moneycontrol, cofounder and CEO Srinath Ravichandran, a Wall Street trader-turned-aerospace engineer, spoke about why India’s space technology ecosystem has an advantage over those of its international counterparts because of its practices and policies and said that there is an immense business opportunity if the challenges of delivering satellites are addressed.

The startup was founded in 2017 by Ravichandran and Moin SPM, an operations specialist. It has raised $15 million, including $11 million last year in a Series A round backed by investors such as venture capital company Mayfield India, and angel investors Anand Mahindra and Nithin Kamath. Edited excerpts: