According to Skyroot, they are focused on our first orbital release of Vikram 1 round mid-2022. Inside few years, they might paintings in opposition to constructing manufacturing capacity to reach a release cadence of 1 release per week. And also, they stated that they are the first Private Indian Company to test fire multiple rocket propulsion systems.

Skyroot and Series A

Skyroot Aerospace is a National award-winning start-up is constructing India’s first privately constructed area release cars. It has finished its Series a financing effectively, with USD 11 million. This huge amount of funding with the start-up is the biggest funding inside the Indian Space Start-up scene after the federal government introduced the outlet up the Space sector for personal gamers.

“We are excited to work with them in building Skyroot into number one Space player globally. We have signed an agreement with Indian Space Research Organization (ISRO), and that we will be working closely for our launch and testing requirements,”

-said Pawan Kumar Chandana, Co-founder and CEO of Skyroot.

According to the company note USD 11M Series-A was proformed by Greenko Group founders Anil Chalamalasetty & Mahesh Kolli; and there was active participation from other public listed entity Solar Group (a major Space & Defence supplier); Former-WhatsApp CBO Neeraj Arora; existing investor Mukesh Bansal (founder of Myntra & CureFit), Vedanshu Investments, Worldquant Ventures, Graph Ventures, Sutton Capital and others.


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Here is the extract of the Interview with Team Skyroot as released in media

About the Start-Up

Skyroot was founded by former Scientists of the Indian Space Research organization (ISRO), they are a National award-winning start up, building one of the world’s most cost-effective Space Launch Vehicle. They build rockets for launching payloads (satellites for now and in future humans as well) to Space. Their mission is to democratize Space access by building easy to access, reliable and responsive launch vehicles.

They are a world class team of more than 70 rocket engineers with an average experience of 500+ years in the rocket industry and they have been actively developing our Vikram series of launch vehicles for the past two years. As said before they are the first Indian private company to test fire multiple rocket propulsion systems.

They also stated that they have signed up with ISRO to be able exchange information that is needed to be able utilize their testing and launch facilities in the future. ISRO has been super helpful throughout their journey, they are thankful to ISRO.

Upcoming/ Planned launches

They are targeting their first orbital launch of Vikram 1 around 2022. After the successful launch, within few years, they would work towards building production capability to achieve a launch cadence of one launch a week.

According to Skyroot, development of low-cost, reliable Space launch vehicles that can be produced, assembled and launched quickly is the key to boost and activate the satellite industry and to come up with innovative constellation-based solutions for application in various domains will be their lookout for several working years.

They also focused on the point that, satellites are indispensable part of our lives starting from the GPS we use on our mobiles for navigation, direct to home television, border surveillance and to providing internet in remote locations, etc. However, they also said reaching space has always been expensive and in the domain of government and large corporates.

Hence solving the problem of Space access is first necessary step to pave way for trillion-dollar space ecosystem and this is going to actively and efficiently improve quality of life on earth.

Vikram series and vehicle launches

Skyroot said that-

“Vikram series is our flagship series of Space launch vehicles named after the father of Indian Space program – Dr. Vikram Sarabhai.”

Their first objective is to commercialize Vikram-1 and also roll out the follow-on variants Vikram-2 and 3 which are essentially 80% same with a 20% upgrade but together cover the largest payload ranges from launching 1kg to 700kg of satellites nearly impossible by existing vehicles in the market.

Talking about the costing and structure they said that, the lower rocket stages of Vikram series are powered by low-cost, mass-produce able and high thrust solid propulsion while the final satellite insertion stage is a liquid propellant based stage which gives higher payload efficiency and mission flexibility with high restart capability.

They remarked that it is a unique architecture ideal for small satellite launch vehicles bringing costs down while being able to produce rockets at speeds that are never seen before.

Talking to other countries or the private space sector companies globally to work on projects. Will that happen?

On this question the response the team gave was-

“Yes, more than 95% of our market comes from abroad and we actively interact with global customers (mainly satellite companies) and also look for strategic collaborations. We have a growing pipeline of interested customers who see great value in our solutions. The geographies are mainly from USA and Europe.”

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