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 […]
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 […]
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 […]
Hyderabad: The Department of Space (DOS) has entered into a Framework MoU with Hyderabad-based Skyroot Aerospace for access to ISRO facilities and expertise towards the development and testing of subsystems/systems of space launch vehicles. The Framework MoU will enable the company for undertaking multiple tests and access facilities at various ISRO centres and also enable […]
The $11 million Series-A was led by Greenko Group founders Anil Chalamalasetty and Mahesh Kolli; and saw participation from public listed entity Solar Group (a major Space and Defence supplier)
Under the agreement, Skyroot Aerospace can access the facilities and technical expertise available in ISRO centres to proceed with its launch vehicle development programme
