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K T Rama Rao congratulated Hyderabad-based Skyroot Aerospace for becoming India’s first space-tech unicorn valued at $1 billion. He said the achievement highlights the strength of Telangana’s startup ecosystem and the potential of Indian innovation in the space sector.
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Skyroot Aerospace has raised nearly $60 million, achieving unicorn status at a $1.1 billion valuation. The funding will support the development and launch of Vikram-1, India’s first privately developed orbital rocket, strengthening the country’s private space industry.
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Skyroot Aerospace became India’s first space-tech unicorn after raising $60 million led by Sherpalo Ventures and GIC, valuing it at $1.1 billion. The Hyderabad startup is preparing for Vikram-1, India’s first privately built orbital rocket launch
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BRS working president KT Rama Rao launched a scathing attack on Telangana Chief Minister A Revanth Reddy, accusing him of criticising BRS chief K Chandrasekhar Rao due to an identity crisis. Rama Rao alleged that the Congress government borrowed Rs. 3.70 lakh crore in two-and-a-half years but failed to deliver development.
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The government proved yet again that it was still claiming credit for the good work done by the previous BRS government
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It will establish an integrated private rocket manufacturing, integration, and testing facility in the State
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Kalam-250 features a high-strength carbon composite rocket motor using solid fuel and an Ethylene-Propylene-Diene terpolymers (EPDM) thermal protection system (TPS).
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The Kalpana Fellowship, unveiled on Tuesday, represents a significant step towards fostering gender diversity and inclusivity within the space industry.
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KTR said the recession in one part of the world necessarily does not have a repel impact on other parts of the world, but it might result in creating jobs elsewhere.
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Vikram-1 stands as a seven-storey, multi-stage rocket, marking a notable achievement as one of the few privately developed rockets worldwide with the capacity to deploy orbital satellites.
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Skyroot Aerospace on Tuesday said it had successfully test fired its 3D printed cryogenic engine called Dhawan-II
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Most of the recently launched India’s first private rocket, Vikram-S, was entirely built in Hyderabad.
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Congratulating both the companies on their success, CM KCR gave a call to the youth of Telangana to utilise opportunities being provided by State government for startups and spend their intellectual wealth for the progress of the country.
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Pawan and Bharath, who consider rockets to be the most fascinating pieces of machinery ever built, have known each other since their days working with the Indian Space Research Organisation (ISRO).
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Skyroot Aerospace is set to become the first private space company in India to launch a rocket into space.
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The fee charged by the Indian space agency for the rocket launch and tracking services is nominal, said a top official of private rocket startup Skyroot Aerospace.
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Vikram-S – is set for a launch between November 12 and 16, Hyderabad-based space startup Skyroot Aerospace announced.
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Hyderabad: City-based private aerospace manufacturer and commercial launch service provider, Skyroot Aerospace has secured 5th place in the ‘2022 LinkedIn Top Startups List’ for the Indian region. Skyroot moved up 2 spots in the ‘2022 LinkedIn Top Startups List’ to 5th rank against 7th rank in 2021. Indian fintech company CRED topped the list, followed […]
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Chennai: Private sector rocket maker Skyroot Aerospace Private Ltd successfully tested its Vikram-1 rocket’s third stage/engine. The company on Thursday announced the completion of the milestone of full duration test-firing of its Vikram-1 rocket stage. Named ‘Kalam-100’ after renowned Indian rocket scientist Dr. APJ Abdul Kalam, the third stage of Vikram-1 produces a peak vacuum […]
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Hyderabad: Skyroot Aerospace completed its bridge round to its Series-B. The $4.5 million (about Rs 34 crore) bridge round was led by Ram Shriram through his Venture Capital firm Sherpalo Ventures; and co-led by Wami Capital, existing investor Neeraj Arora (former-WhatsApp CBO) and former Google executive Amit Singhal. Skyroot earlier in 2021 raised a $11 million […]
