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Spanish startup PLD Space prepares for the groundbreaking launch of the Miura-1 rocket, Europe's first private rocket, aiming to revolutionize space access.
Skyroot which is backed by Singapore's sovereign wealth fund, GIC, is also aiming to raise more money by the end of next year, co-founder Pawan Kumar Chandana told Reuters in an interview.
By launching India's first privately manufactured rocket from the ISRO's Sriharikota space centre in eastern India today, Skyroot hopes to make history.
Following launch, the Vikram-S rocket reached a height of 89.5 kilometres and satisfies all requirements, according to Skyroot Aerospace, the rocket's developer.