Chennai-based firm among 24 startups to join Airbus accelerator programme

AgniKul Cosmos is currently developing launching vehicles for unmanned missions

Airbus has selected 24 new startups, including Chennai-based AgniKul Cosmos, to join its BizLab for the launch of the fourth accelerator which will provide a platform for developing previously untapped technologies and ways of working in the aerospace sector.

AgniKul Cosmos is in the process of developing its own small launch vehicles. The Chennai-based startup and other firms will participate in AirBus' six-month acceleration programme.

BizLab currently has four campuses -- in Toulouse, Hamburg, Madrid, and Bengaluru. Of the 24 startups selected, only AgniKul deals directly with the upstream space industry.

AgniKul is in the process of developing its Agnibaan orbital launch vehicle.

Srinath