The company’s co-founder Pawan Chandna said, ‘.. Now that we have launched the first private rocket Vikram-S, our next plan is to launch Vikram-1.
Image Credit source: PTI
Recently the country’s first private rocket Vikram-S successfully launched Skyroot Aerospace India plans to launch Vikram-1, a huge rocket to put satellites into orbit within a year. The Hyderabad-based space startup also aims to reduce the cost of space travel in the future.
The company’s co-founder Pawan Chandna said on Monday evening, ‘.. Now that we have launched the first private rocket Vikram-S, our next plan is to launch Vikram-1, which will be able to put satellites into orbit. It’s going to be a huge rocket. We want to do this within a year from now.
Skyroot also wants to be one of the first few companies in the world that can put satellites into orbit. Chandna said that the company has raised about $68 million, which is the highest in the aerospace startup sector in India.
He said that Skyroot will continue to raise more capital in its journey ahead and would like to generate substantial revenue from the launch next year itself. Pointing out that space travel is currently expensive, he said his company aims to bring down the cost, make it affordable and increase reliability. India successfully launched a privately built rocket on 18 November, which was prepared by Skyroot. Thus began the entry of the private sector into the country’s space system, which is currently dominated by the state-run Indian Space Research Organization (ISRO).
Vikram-S rocket named after scientist Vikram Sarabhai
Earlier, N Bharath Daka, Chief Operating Officer of Skyroot Aerospace, had said in a statement that the Vikram-S rocket is a single-stage suborbital launch vehicle. This rocket of Skyroot has been named after the father of the Indian space program and the famous scientist Vikram Sarabhai.