Skyroot Aerospace, which successfully launched the country's first private rocket Vikram-S recently, plans to launch Vikram-1, a much bigger rocket to place satellites into orbit, within a year. The Hyderabad-based space startup also aims to slash costs of space travel in the future. "..now that we have done first private rocket launch, Vikram-S, our next plan is to launch Vikram-1 which is a much bigger rocket putting satellites into orbit. That we want to do within a year from now," Pawan Chandana, co-founder of Skyroot, told PTI here Monday evening. Skyroot also wants to become one of the first few companies in the world who can place satellites into orbit. He said the firm has raised about USD 68 million, which is the largest in the aerospace startup ecosystem in India. "Of course, it took close to four years to raise this kind of capital. Now, we are good for first few launches to orbit and then, of course, it has been very challenging because first time somebody went to the
Development follows Skyroot Aerospace's launch of Vikram-S rocket on a sub-orbital flight from Sriharikota on Nov 18
Funding to private players soars to $108.52 million compared to $67.2 million in 2021
Moreover, the trend to hire apprentices has seen a growth in Tier II and Tier III non- metro cities as well
Shares of Rossell India rallied 16 per cent to hit an all-time high of Rs 371.80 on the BSE amid heavy volumes
The launch of a sounding rocket by Skyroot marks the start of a surge in start-ups entering a sector that was opened up only in June 2020
Company behind privately developed rocket is looking for investors, says its co-founder
The company which launched India's first private rocket on November 18 is also planning to develop reusable rocket engines
The company has named the rocket Vikram-S as a tribute to the founder of India's space programme Dr Vikram Sarabhai
Senior executives meet industry leaders and civil aviation secretary after slow delivery of engines
The mission, named 'Prarambh', will be the first launch of a privately developed and operated launch vehicle from the country
Bharat Forge has been consolidating its defence and aerospace business under Kalyani Strategic Systems with an aim to target export opportunities in the defence sector
State targets 100,000 jobs in the sector as it seeks to be trillion-dollar economy by 2031
An Indian firm is planning to ferry tourists near space in a spaceship attached to a unique high-altitude balloon system by 2025. Inspired by Elon Musk's SpaceX, the Mumbai-based Space Aura Aerospace Technology Pvt Ltd company has begun to build a space capsule measuring 10 feet x 8 feet, which can carry six tourists besides the pilot into space at a time. However, the space capsule will remain within 35 km radius above the earth. The company presented a prototype of the space capsule named SKAP 1 at a science exhibition 'Akash Tatva' here, which got great response from scientists and common people alike. The firm has set itself a target of 2025 for beginning its flight into space, Space Aura founder and CEO Akash Porwal told PTI. Two places have been identified in Karnataka and Madhya Pradesh, from where the flight into space can be launched, and a decision in this regard will be taken soon, he said. The company is busy trying to achieve its target with the help of scientists fr
GE Aerospace and Tata Advanced Systems Ltd have extended their long term contract worth USD 1 billion for production and supply of several commercial aircraft engine components. The engine parts will be manufactured at the Tata Centre of Excellence for Aero Engines (Tata-TCoE). In a joint release on Friday, GE Aerospace and Tata Advanced Systems Ltd (TASL) said they have extended the manufacturing agreement under which TASL will continue to produce and supply several commercial aircraft engine components to GE's global engine manufacturing factories. "The multi-year long term contract is valued over USD 1 billion and showcases the growing relationship between GE and TASL in the aerospace industry," the release said. The contract was first signed in late 2017. Tata-TCoE was established in 2018 to manufacture CFM International LEAP engine components in India. CFM International is an equal joint venture between GE and Safran Aircraft Engines. A significant number of commercial aircr
Bommai also said both India and France can further boost their mutual cooperation, pointing at India's strides in IT/BT, aerospace, renewable energy and other sectors.
The rocket, Long March 5B, was used to send the final part of the Tiangong space station called Mengtian to the space station
The collaborative operational and research projects in these areas may be taken up by Garuda Aerospace and IISc's Department of Aerospace Engineering
The MRO firm, which has six investors, received its first external funding from GTI Group and Punj Lloyd in 2007
Air works is the oldest MRO in India with presence across 27 cities, 6 maintenance bays and 900-plus maintenance experts