Skyroot Aerospace

The cabinet has approved a Rs 1,000 venture capital fund, announced in the Budget in July, for the space sector

Centre's incentive plan for space manufacturing to take into account states' policies

The policy was announced on the occasion of National Space Day by IN-SPACe chairman Pawan K Goenka. The final approval is awaited

Morning Scan: All the big stories to get you started for the day

Kickstart your day with our curated morning news roundup. Stay ahead of the curve by getting the key stories from top newspapers and keeping up with the most important developments across various sectors.

Skyroot Aerospace successfully test fires Stage-2 of its Vikram-1 orbital rocket

The test, done on Wednesday, which lasted 85 seconds, recorded a peak sea-level thrust of 186 kilonewtons (kN), which will translate to a fully expanded vacuum thrust of around 235 kN in flight, it said.

Revised FDI norms in space sector will boost access to new tech and funding, says industry

While welcoming the government's move to ease FDI norms in the space sector, Indian Space Association, which represents around 32 space tech startups apart from bigger players like Bharti Airtel and so on, said that the norms will boost confidence of all space industry members

Skyroot Aerospace, Agnikul Cosmos to launch 7 times in 2024-25: IN-SPACe manifesto

The launches by Skyroot Aerospace and Agnikul Cosmos of their launch vehicles Vikram-1 and Agnibaan, respectively, will also signify the startups' first respective commercial missions.

Skyroot Aerospace raises $27.5 million in pre Series C round led by Temasek

The Hyderabad-based company, which launched India's first private rocket in 2022, is set to launch its second commercial rocket, the Vikram-I, next year. The launch vehicle can take payloads of upto 300 kilograms into low earth orbit.

This Chennai startup wants to give children exclusive view of Moon landing by Chandrayaan 3

Space Kidz India will be attempting to directly connect with Chandrayaan 3 spacecraft with their antennae installed in Chennai to give children an unique view of the spacecraft's attempted landing on the Moon. Startups such as Skyroot Aerospace, Agnikul Cosmos are also holding viewing sessions for their employees

Modi-Macron meet paves way for Indian space tech startups to team up with French peers

Skyroot Aerospace and Dhruva Space announced that they are working with French companies for their next launches

India's Skyroot in talks with French firm to launch nanosatellites

Skyroot co-founder Pawan Kumar Chandana held discussions with Promethee President Olivier Piepsz on the sidelines of the official visit of Prime Minister Narendra Modi to France.

Indian private space ecosystem welcome GST exemption for satellite launches

In the 50th meeting of the GST Council on July 11, it was decided that private players such as startups be exempted from paying GST on satellite launches

'Indian Space Policy 2023 gives us wings': Start-ups laud long-awaited regulation

The Indian Space Policy was released on April 20 by the Indian Space Research Organisation (ISRO), more than a week after the Cabinet approved it.

Short-term pain but long-term opportunities: How Indian space tech ecosystem is tackling global inflationary trends

There has been a rise in launch prices globally, driven by a tight launch market. For Indian space tech start-ups, which are facing difficulty in obtaining funds from foreign VCs, new financial mechanisms could prove to be the saviour.

Skyroot Aerospace successfully tests rocket engine for Vikram II

The Hyderabad-based start-up, which last year became the first Indian company to launch a rocket into space, successfully test fired Dhawan II, a 3D printed rocket engine

Indian space-tech start-ups laud United Nations resolution on banning ASAT tests

Anti-satellite weapons are space weapons designed to incapacitate or destroy satellites for strategic or tactical purposes

India's space tech ecosystem soars to new heights in 2022, expects over $300 million in investment in 2023

The industry is also anticipating the implementation of a new space policy in 2023, which will further open up the ecosystem.

GalaxEye Space raises $3.5 million in funding from Speciale Invest, Zerodha's Nithin Kamath, others

With the fresh funding, the startup aims to hire talent and accelerate the launch of its multi-sensor satellite for earth observation.

Global chip shortage: High lead times, import woes plague Indian space tech startups

According to Naga Bharat Daka, co-founder of Hyderabad-based Skyroot Aerospace, a free trade agreement with European Union supply chain players would benefit the space tech ecosystem.

Skyroot Aerospace plans to launch Vikram-1 in one year

The Hyderabad-based space startup also aims to slash costs of space travel in the future.

Space Kidz India's student-made payloads aboard Skyroot's Vikram S rocket meet mission parameters

Space Kidz India's payload, FunSAT, consisted of 80 experiments conducted by 160 students from India, the United States, Indonesia, and other countries.

Skyroot Aerospace aims to cut satellite launch cost by 50%

Skyroot, which launched a test rocket last week, expects to cut the cost of a launch by 50 percent compared with current pricing of established competitors such as Richard Branson’s Virgin Orbit and California-based Rocket Lab USA Inc

Private sector can boost ISRO's space growth story

Skyroot Aerospace's successful launch lays foundation for private firms to enter Indian space sector. Skyroot says their rocket can also be integrated and launched within 24 hours from any launch site.

What Skyroot's Vikram-S lacked in spectacle, it made up for in significance

Mission Prarambh, a momentous day for Indian space ecosystem, was all of substance and not of show and rightly so

Vikram S | India's First Privately Built Rocket Launched | Mission Prarambh

ISRO's Vikram-S, India's first privately-built rocket, was launched from Sriharikota in Andhra Pradesh. The rocket has been developed by Skyroot Aerospace, a 4-year-old startup. 'Mission Prarambh' marks a major milestone in India's space journey - the space sector was opened to private players by the Centre in 2020. So, India's Space-X moment is finally here! What's next for India's growing prowess in space race? Watch the video to know more!

India Rocket launch: Skyroot Aerospace CEO Pawan Chandana Speaks To Moneycontrol | Exclusive

Private rocket launch India: Moments after the successful launch of India's first privately-built rocket, Skyroot Aerospace CEO Pawan Chandana speaks to Moneycontrol, says it looks like it was a 'perfect launch'. Chandana explains how Vikram-S launch will bolster preparations for the launch of the Vikram-1 rocket next year, and what this means for India's private space industry. He also tells us which sector will benefit the most from these launches - Watch!