The first Indian Aerospace Start-up to test homegrown rocket engine
Updated: Sep 2, 2020
Indian space engineering start-up Skyroot Aerospace successfully tested an indigenous upper-stage rocket engine, becoming India's first private company to do so. Skyroot Aerospace was founded by two former ISRO scientists Pawan Kumar Chandana and Naga Bharath Daka, in 2018. The company is now planning to raise ninety crores to boost its infrastructure and recruit more workforce.
Backed by Myntra and Curefit founders Mukesh Bansal and Ankit Nagori, Skyroot Aerospace claimed that its 3D-printed rocket engine, Raman, named after Indian scientist Dr. CV Raman, is capable of multiple attempts, enabling the launch vehicle to insert different satellites into various orbits in one single mission. The Hyderabad-based start-up manufactures three types of launch vehicles, Vikram I, II, and III, named after the ISRO founder, Indian physicist, and astronomer Vikram Sarabhai. The first of those rockets could launch 250-700 kg-weighing satellites into the lower orbit of the Earth. The company has now raised Rs. 31.5 crores this year after the government opened up the private sector access to the space market.