SPACE TREK
Business Today India|January 08, 2023
AFTER REPORTING SEVERAL SUCCESSES IN 2022, THE INDIAN SPACETECH SECTOR IS LOOKING AT ENTERING ITS NEXT PHASE OF GROWTH
MANISH PANT
SPACE TREK

As Skyroot aerospace’s diminutive 546 kg, 8-metre tall sub-orbital launch vehicle, Vikram-S, zoomed towards the exosphere on November 18, a round of applause erupted in the sounding rocket complex at the Satish Dhawan Space Centre (SDSC) in Sriharikota. Elsewhere in India, the founders of more than 100 spacetech start-ups watching the event also celebrated the launch of the country’s first privately-built rocket.

Within a week of the launch, the Polar Satellite Launch Vehicle of the Indian Space Research Organisation (ISRO) successfully deployed Anand and Thybolt 1 & 2—satellites of spacetech start-ups Pixxel and Dhruva Space, respectively—in space.

The blistering pace of launches for Indian spacetech start-ups was set on July 18 when high-end tech payloads of Bengaluru-based Digantara Research & Technologies and Hyderabad-based Dhruva were successfully launched from SDSC. Meanwhile, Skyroot is preparing to put its first orbital satellite launch vehicle, Vikram-1, into space within a year. “It will launch multiple satellites,” says Pawan Kumar Chandana, Cofounder & CEO of Skyroot. “Over 50 per cent of the payload capacity is already booked,” adds Naga Bharath Daka, Co-founder & CTO.

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