Skyroot Aerospace: Company Research Report
Company Overview
- Name: Skyroot Aerospace
- Mission: To "Open Space for all" by making spaceflight affordable, reliable, and regular.
- Founded: Established on June 12, 2018
- Founders: Pawan Kumar Chandana and Naga Bharath Daka, both former ISRO scientists.
- Key People:
- Pawan Chandana - Co-Founder, Rocket Engineer turned Space Entrepreneur with a decade of experience in the Space Launch Vehicle industry.
- Bharath Daka - Co-Founder, experienced electronics and software engineer.
- Gnanagandhi V - Head of Liquid Propulsion, Padma Shri awardee & pioneer of cryogenic rocket technology in India.
- Eswaran VG - Head of Solid Propulsion.
- Kishore Tallam - Chief Financial Officer.
- Ashwin Mahavadi - Sr VP-Business.
- Dr.-Ing. CVS Kiran - R&D and Strategic Initiatives.
- Headquarters: Hyderabad, India
- Number of Employees: Over 350
- Revenue: No information is available
- What is the company known for: Skyroot Aerospace is the first private Indian company to design, build, and launch a privately-developed rocket, known for utilizing 3D printed rocket engines.
Products
- Vikram Series: The Vikram Series launch vehicles are designed for a range of orbital inclinations and altitudes.
- Vikram-S:
- Capacity: Capable of deploying a payload of 80 kg to 100 km altitude.
- Features: Known for being India’s first privately developed rocket.
- Vikram-I:
- Description: A seven-storied, multi-stage launch vehicle with 3D-printed liquid engines.
- Key Features: All-carbon fibre constructed rocket housing a payload capacity of 300 kg to Low Earth Orbit (LEO).
- Vikram-II and Vikram-III: Details about these variants are to be realized in line with the demands for varied orbital deployments.
Recent Developments
- Funding and Investments:
- Skyroot raised $27.5 million in Pre-Series C funding in October 2023.
- Total funding raised sum up to INR 526 crore since inception.
- Technological Milestones:
- First private Indian company to test fire a cryogenic engine and solid rocket stage.
- Successfully test-fired the upper-stage engine and full-duration test of launch vehicle stages.
- Partnerships:
- Signed MoUs with French firms Promethee and ConnectSAT for launching satellites.
- Collaborated with Expleo for reconfigurable software in IoT satellite.
- Facility Development:
- Inaugurated India’s largest private integrated rocket development facility opened under a single roof near Hyderabad - The MAX-Q headquarters.
- Product Launch:
- Preparing for the Vikram-I orbital launch vehicle’s initial deployment in early 2024, planning 3-4 missions before full commercial initiation.
Achievements & Recognition
- First Indian private company to successfully launch a privately built rocket, Vikram-S, in November 2022.
- Multiple awards, including the National Start-up Award 2020 and National Award from the Department of Science and Technology, GOI.
- Recognized in several articles by Forbes India and other international media as a key player in India’s private space sector.
Note: Fields with "No information is available" indicate lack of specific data provided within the scope of available resources.
