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The Latest Breaking News from Skyroot

'Start companies while in school': Skyroot CEO Pawan Chandana’s advice to Gen Z & Gen Alpha on taking risks, choosing deep tech and building early

Skyroot Aerospace's CEO, Pawan Chandana, calls on young innovators to initiate bold projects in vital sectors such as space and defense. Following the groundbreaking launch of Vikram-1, the country's first privately built rocket, the company is concentrating on repeatable launch strategies and the creation of Vikram-2. Looking ahead, they aim…

The Economic Times

India's space rockets to get homegrown chips soon: Ashwini Vaishnaw

India will soon equip its space launch vehicles with domestically produced semiconductors, according to Union Minister Ashwini Vaishnaw. On Monday, meeting the heads of private space technology company Skyroot Aerospace, after its Vikram-1 Test Flight-1 successfully reached orbit, marking the maiden flight of India's first privately developed orbital-class rocket, Vaishnaw…

The Economic Times

'First cheque is never just capital, it's belief': Skyroot's Pawan Kumar on angel investor Mukesh Bansal

Chandana said Bansal trusted the founding team and gave them room to make their own calls while staying available to mentor them. "The first cheque is never just capital. It is belief," Chandana noted.

The Economic Times

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Why ISRO's loss is India's gain

India's space sector witnessed significant private and public sector developments recently. Skyroot Aerospace launched the nation's first privately built rocket, Vikram-1. Concurrently, about one hundred scientists resigned from ISRO, India's space agency. This talent shift signifies the success of the government's liberalization policy for the sector. Such movements highlight the…

The Economic Times

Which listed companies contributed to Skyroot Aerospace’s Vikram-1 success?

Skyroot Aerospace's successful Vikram-1 orbital mission has spotlighted the listed companies supporting India's private space ecosystem. From early investor Solar Industries to technology partners Inox India, TechEra Engineering and Diffusion Engineers, these firms have played key roles in Skyroot's journey toward becoming a global private launch player.

The Economic Times

Skyroot fuels deeptech fire; Paytm Q1 profit jumps

Happy Tuesday! Skyroot Aerospace’s success may unlock fresh funding for India’s spacetech ecosystem. This and more in today’s ETtech Morning Dispatch.

The Economic Times

India's private space startups gear up for commercial push after Skyroot's historic Vikram-1 success

Skyroot Aerospace's orbital success fuels India's private space sector expansion. Startups are accelerating plans for commercial rocket and satellite launches. Agnikul Cosmos and EtherealX are preparing for upcoming missions and engine tests. Satellite manufacturers like GalaxEye and Dhruva Space are increasing launch capabilities.

The Economic Times

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PM Modi takes '56-year-old youngster' subtle dig at Rahul Gandhi

Prime Minister Modi praised India's growing space capabilities and young innovators. He highlighted Skyroot Aerospace's significant milestone achieved by its young team. Parliament's Monsoon Session began today with legislative agendas and discussions. The opposition plans to raise issues like the NEET-UG paper leak and temple donations. The session will continue…

The Economic Times

Private space invaders: Skyroot's perfect debut validates India Inc’s space push - repeat launches will prove the model

Vikram-1, India's first private orbital rocket, successfully launched carrying multiple payloads. This marks a significant milestone for India's burgeoning space sector. The launch was enabled by government policy and ISRO's infrastructure support. Private companies are now poised to serve the small satellite market. This event positions India among nations with…

The Economic Times

"Initial glitch delayed Vikram-1 launch by 35 minutes, issue resolved quickly": ISRO Chairman

Explaining the reason behind the initial delay, Narayanan said the problem occurred during the transition from the ground segment to the onboard computer.

The Economic Times

ISRO targets 7 launches this fiscal year; Next mission within two months, says Chairman V Narayanan

ISRO Chairman V. Narayanan announced plans for at least seven launches in the current financial year, with the next mission set to occur within two months. This comes after the successful maiden orbital launch of Skyroot Aerospace's Vikram-1 rocket, a milestone for India's private space sector. ISRO is also preparing…

The Economic Times

India joins ranks of US and China with historic first private satellite launch

Hyderabad-based startup Skyroot Aerospace says its goal is to offer a ‘cab service to space’

The Independent UK

Skyroot Aerospace joins small group of companies capable of orbital launches

The mission, called Aagaman, marks the culmination of years of development for the startup, which had earlier flown the sub-orbital Vikram-S in 2022. Prime Minister Narendra Modi congratulated the Skyroot team shortly after the launch, calling it proof of India's push toward self-reliance in space technology.

The Economic Times

PM Modi congratulates Skyroot after private rocket reaches orbit: ‘You have planted new seeds in the sky’

In a phone conversation following the launch, Modi told founder Pawan Chandana and the Skyroot team that they had “planted new seeds in the sky” and given strength to young Indians to dream bigger in technology and space.

The Economic Times

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The Economic Times

Spacetech unicorn Skyroot launches Vikram-1, marks India's first private orbital rocket mission

The mission, named Aagaman, lifted off from the First Launch Pad at the Satish Dhawan Space Centre (SDSC-SHAR) in Sriharikota at 12:05 noon. The mission completed all four stages as planned. The success marks India's first privately developed orbital launch vehicle mission and a major leap towards building commercial, on-demand…

The Economic Times

Vikram 1 Launched: Skyroot's rocket successfully enters space to script India's private space milestone

Skyroot's Vikram-1 Launch: Skyroot Aerospace successfully launched its Vikram-1 orbital rocket from Sriharikota. This marked India's first privately developed orbital-class rocket to take flight. The mission, named Mission Aagaman, signifies a major milestone for the nation's space sector. Vikram-1 is designed to carry payloads up to 350 kg to Low…

The Economic Times

Skyroot Vikram-1 launch time: When will India's first private orbital rocket lift off?

India's first privately developed orbital rocket, Vikram-1, will launch on Saturday. This mission will place multiple technology demonstration payloads into low Earth orbit. It will also deploy a micro-art payload and a handwritten postcard from Prime Minister Modi. The launch marks the private space sector's entry into the orbital launch…

Space

'The dawn of a new space era': Vikram-1, India's 1st private orbital rocket, aces debut launch

Skyroot Aerospace's Vikram-1 rocket aced its debut mission on Saturday morning (July 18), making India the third nation with a private orbital launch capability.

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The Economic Times

Indian spacetech industry shoots for the stars

Private companies are reshaping India's space ambitions, building rockets and satellites as the country pushes to capture a bigger share of the global space economy. Building a satellite of that class, India has never done at least in a private context.

The Economic Times

India's private space industry shoots for the stars

The Economic Times

Skyroot's Vikram-1 launch on July 18: Everything you need to know about India's first private orbital rocket

India's first privately developed orbital rocket, Vikram-1, is set for launch on July 18. This mission, named Mission Aagaman, marks a significant step for India's private space sector. The Vikram-1 rocket is designed to carry small satellites weighing up to 350 kg into orbit. It will carry multiple technology demonstration…

Space

Getting Vikram-1 to orbit: Inside Skyroot Aerospace's coming bid to make spaceflight history

Backed by a $1.1 billion valuation, Skyroot Aerospace is betting that its Vikram-1 rocket can help transform India's commercial launch industry. And Vikram-1 is set to fly soon.

The Economic Times

He once scored 51 marks in Maths, now owns a space company worth $1.1 billion. Meet 35-year-old rocket man who gave up ISRO job

Pawan Kumar Chandana, once a struggling student, now leads Skyroot Aerospace. This company achieved India's first private rocket launch. Chandana's journey from ISRO scientist to entrepreneur is inspiring. Skyroot is now preparing for its orbital launch vehicle, Vikram-1, aiming for regular space missions.

The Economic Times

Skyroot Aerospace forecasts Rs 977 crore in revenues by FY27, ahead of Vikram-1 launch

Indian space startup Skyroot Aerospace projects significant revenue growth, aiming for over Rs 13,000 crore by FY32, driven by launch services and satellite systems. Ahead of its maiden orbital launch, the company's space systems division is already generating revenue, with launch services poised to become the primary growth engine.

The Economic Times

Spacetech firm Agnikul eyes $50-75 million at flat $500 million value

Spacetech startup Agnikul Cosmos is reportedly in talks to raise $50-75 million at a $500 million valuation. This potential funding round, similar to its November raise, highlights investor confidence in India's growing private space sector. The funds are earmarked for expanding production capabilities as the company progresses towards commercial deployment.

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