Long dominated almost exclusively by the government, the Indian space industry is set for potentially explosive growth under a new national policy issued last month that opens the door for private companies to pursue virtually any business related to space.
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.
Skyroot Aerospace made history on Friday when it became the first private Indian company to launch a rocket. The company reported that its suborbital Vikram-S rocket reached an altitude of 89.5 miles (55.6 miles) during its maiden launch.
During the first seven months of the year, five new satellite launch vehicles from Europe, China, Russia and South Korea flew successfully for the first time. As impressive as that is, it was a mere opening act to a busy period that could see at least 20 additional launchers debut around the world.
The use of outer space and the more than $1 trillion in benefits estimated for 2030 is threatened by rising orbital pollution
There is an urgent need for all stakeholders in the space market to reach a consensus on its safe and sustainable use
GMV is a world reference in the study, monitoring and prevention of space debris proliferation, with more than 20 years of experience in this market
MADRID, Spain (GMV PR) — The space environment is becoming increasingly polluted due to the proliferation of objects orbiting in an uncontrolled manner around the earth, particularly in low and geostationary orbits (the most interesting for use and exploitation). Estimates suggest that there are more than one million objects larger than 1 cm capable of causing potential damage of various kinds, and the number is increasing at a dangerous rate. To ensure a sustainable use of space, various key players in the space industry (*), including GMV, have launched the international initiative called Net Zero Space.
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.
BENGALURU, India (ISRO PR) — Department of Space has today, September 11, 2021, entered into a Framework MoU with M/s Skyroot Aerospace Pvt. Ltd., Hyderabad for access to ISRO facilities and expertise towards the development and testing of subsystems/systems of Space Launch Vehicles. The Framework MoU will enable the company for undertaking multiple tests and access facilities at various ISRO centers and also enable to avail technical expertise of ISRO for testing and qualifying their space launch vehicle systems and subsystems.
Skyroot Aerospace and India’s Department of Space have signed a non-disclosure agreement (NDA) that will enable the Hyderabad-based startup to access the facilities and technical expertise available in ISRO centers to proceed with development of its Vikram family of launch vehicles.
On Thursday, a commercial Indian launch startup named Skyroot Aerospace unveiled its Dhawan-1 cryogenic engine to mark the 100th anniversary of Indian rocket pioneer Satish Dhawan.
The company said the engine is 100 percent 3D printed using additive manufacturing. It will be powered by liquified natural gas and liquid oxygen.
Satish Dhawan was an Indian aerospace engineer who was a pioneer experimental fluid dynamics research. He served as the third chairman of the Indian Space Research Organisation (ISRO). The nation’s spaceport is named after him.
Dhawan-1 will be used as the upper stage of Skyroot’s Vikram II booster. The company is developing three Vikram rockets to serve the small satellite launch market.
Vikrams will launch payloads ranging from 225 kg to 720 kg depending upon the rocket used and the orbit desired. Skyroot says the boosters can be assembled and launched within 24 to 72 hours with minimal infrastructure.
According to a story in the Economic Times, Skyroot was founded by three former ISRO employee who are looking to take advantage of India’s decision to allow private space companies to operate.