
Skyroot Aerospace
An aerospace manufacturer and launch service provider developing launch vehicles for cost-effective access to space.
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* | $27.0m | Growth Equity VC | |
Total Funding | 000k |
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Skyroot Aerospace is an Indian startup operating in the burgeoning private space launch industry. The company's mission is to make spaceflight affordable, reliable, and regular, thereby opening up the final frontier to a broader range of clients. Skyroot's primary offering is a reliable ride to space with varying payload capacities, ranging from 80 kg to 815 kg, and to altitudes from 100 km to 500 km.
The company's business model is centered around providing on-demand space launches for clients who need to send payloads into space. This could include other businesses, research institutions, or government agencies. Skyroot generates revenue by charging these clients for the service of launching their payloads into space.
Skyroot has achieved several significant milestones, including the successful testing of the Raman-I engine, which will be used for roll attitude control in the Vikram-I rocket. This engine manages a rocket's rotation and orientation during flight. Skyroot has also successfully test-fired India's first privately-made solid rocket stage and the country's first private cryogenic engine.
The company's achievements have been made possible through the use of advanced manufacturing techniques, such as additive manufacturing, and the use of Mono Methyl Hydrazine and Nitrogen Tetroxide as propellants. Skyroot's success comes at a time when regulatory support for private players in the space launch industry is increasing, particularly in India.
Keywords: Spaceflight, Affordable, Reliable, Payload, On-demand, Rocket Launch, Private Space Industry, Advanced Manufacturing, Propellants, Regulatory Support.