When Shri S. Somanath assumed the chairmanship of the Indian Space Research Organisation (ISRO) last January, he took over a space agency that had been hit hard by the COVID-19 pandemic. ISRO conducted only four launches in 2020-21, one of which failed. The pandemic had wrecked an ambitious plan to launch Indian astronauts into orbit before the 75th anniversary of the nation’s independence from Britain in August 2022.
CAPE CANAVERAL, Fla. (Sidus Space PR) — Sidus Space, Inc. (NASDAQ:SIDU), a Space-as-a-Service company focused on mission critical hardware manufacturing; multi-disciplinary engineering services; satellite design, production, launch planning, mission operations; and in-orbit support is proud to announce that Dhruva Space’s Satellite Orbital Deployer successfully achieved space-qualification on June 30.
HYDERABAD, India — Small satellite launch company Skyroot Aerospace reports that it has raised $4.5 million in bridge funding as part of its Series B fund-raising round.
Early Google investor Ram Shriram led the bridge round through his venture capital firm Sherpalo Ventures. Wami Capital co-led the funding round with former Google executive Amit Singhal and existing investor and former WhatsApp chief business officer Neeraj Arora, Indian media report.
Indian launch startup Skyroot Aerospace last week reported that it has signed a launch deal with satellite provider Dhruva Space as the company gears up to raise an additional $40 million next year to fund its booster development.