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Space private sector: Skyroot raises $27.5 mln, heating up India's private sector space race - Vimarsana News

Space private sector: Skyroot raises $27.5 mln, heating up India's private sector space race

Hyderabad based-Skyroot Aerospace has raised $27.5 million in a fresh round of funding led by Singapore's Temasek, upping the ante in the country's burgeoning space industry days after rival Agnikul Cosmos raised a similar amount. The company launched India's first private rocket in 2022 and is set to launch its second commercial rocket, the Vikram-I, next year.

Vikram-S Marks The Beginning of Private Venture in Indian Space Programme - Vimarsana News

Vikram-S Marks The Beginning of Private Venture in Indian Space Programme

India on Friday successfully placed three satellites into orbit on a rocket completely developed by a four-year-old startup, marking the entry of the private sector into the country's space activities.

Source: thewire.in