indian private space companies

 Agnibaan: Large industrialists have done startups building private satellites on the lines of Elon Musk's SpaceX

There are signs of a boom in the market for small satellite launches across the world in the next decade. Accordingly, many companies are working in India. Skyroot, launched by former Indian Space Research Organization or former ISRO scientist Pawan Kumar Chandna, Nag Bharat Daka, and Vasudevan Gandhi, hopes that the company can launch its first rocket in 2021 alone.

New Delhi

A Hyderabad-based SKYROOT aerospace is working on developing a rocket that can be assembled and launched in a day. This can prove to be a revolutionary step in the direction of sending small satellites to space worldwide. There are signs of a boom in the market for small satellite launches across the world in the next decade. Accordingly, many companies are working in India. The start-up skyroot, launched by former Indian Space Research Organization or former ISRO scientist Pawan Kumar Chandna, Nag Bharat Daka, and Vasudevan Gandhi, hopes that the company can launch its first rocket in 2021 alone.

Cost of launching a satellite in India

Skyroot says that it can reduce the cost of launching a satellite by one-third. Chandana of SkyRoot said, "We are one of the few companies that have the ability to make solid and cryogenic propulsion. Solid propulsion is the cheapest option for small launchers while cryogenic propulsion is complex but very successful for large vehicles. Can be proved. Skyroot (satellite) is actually also developing a family of rockets named after Vikram Sarabhai, the father of India's space program.

Agnikul Cosmos Private Limited

Agnikul Cosmos Private Limited

A spacotech startup was established at IIT Madras named Agnikul Cosmos Private Limited. The company recently raised $ 11 million in funding from A-Team. The investment has been made by venture capital firm Mayfield India. Anand Mahindra, Chairman of the Mahindra Group, has also invested in Agnikul Cosmos. Along with this, top investors of Silicon Valley Naval Ravikant and Balaji Srinivasan have also invested in Agnikul. Agnikul Cosmos is making a satellite named Agnaban. Private space technology companies in the country are playing big bets on Agnikul Cosmos.

scientists in skyroot

Mukesh Bansal said, "Skyroot really has the best team of scientists in the country. These scientists have a lot of expertise from satellite design to rocket making." India is currently not allowing private companies to operate in the space sector, but it is expected that through the proposed Space Activities Bill 2017, private companies may also be allowed to operate in the space. This draft bill suggested that private firms should also be included in the Space Program. This includes work related to making rockets, satellites and launching them. This suggestion states that private companies should be involved in this business for both Indian and foreign customers.

PSLV is fireball

Agnikul co-founder Srinath Ravichandran said, "Agnikul is working on making the space accessible to the small satellite market. It is currently available only to large companies. Agnikul's team is working with a customer-centric approach. Which has been continuously innovating. Earlier Agnikul Cosmos has raised $ 3.1 million funding in the year 2020. Agnikul Cosmos is actually involved in making Private Small Satellite Launch Vehicle (PSSLV) for India. As Agnikul has built a small satellite launch vehicle (SSLV) that can carry 100kg and move to the Lower Earth Arbit.