Moneycontrol PRO
Outskill Genai
HomeNewsBusinessMission Prarambh: Skyroot successfully launches Vikram-S rocket

Mission Prarambh: Skyroot successfully launches Vikram-S rocket

Vikram-S, a carbon composite suborbital rocket carrying three customer payloads, launched from the Satish Dhawan Space Centre in Sriharikota at 11:30 am.

November 18, 2022 / 11:56 IST
Picture credit: Skyroot Aerospace

Skyroot Aerospace's Vikram-S rocket successfully lifted off from the Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh, on November 18 to become India's first private company to launch into space.

Vikram-S, a carbon composite suborbital rocket carrying three customer payloads, launched from the facility at 11:30 am. The rocket is also equipped with sensors that measure acceleration, pressure, and other parameters. Its previous November 12 launch date was called off due to bad weather.

The Mission Prarambh (the beginning) is a major milestone in India's space journey.

This launch will aid in the validation of many technologies for Skyroot Aerospace's other launch vehicles in the Vikram series, such as Vikram I/II/III, and will also play an important role in determining when Vikram I will launch next year.

This launch comes two months after Skyroot said it had secured $51 million (Rs 403 crore) in Series-B funding. The company said that the funding would help with their "initial development launches."

The startup has also received significant support for this launch from the Indian National Space Promotion and Authorisation Centre (In-SPACe) and the Indian Space Research Organisation (ISRO).

Skyroot Aerospace was founded by IIT alumni Pawan Kumar Chandana and Naga Bharat Daka while they were both working at the Indian Space Research Centre (ISRO). They founded the company in 2018 and received seed funding from Mukesh Bansal's Meraki Ventures to help them get started.

Aihik Sur covers tech policy, drones, space tech among other beats at Moneycontrol
first published: Nov 18, 2022 11:43 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347