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Bengaluru, Drone manufacturer <keyword id="4610420" type="General" weightage="20" keywordseo="Garuda-Aerospace" source="Orion">Garuda Aerospace</keyword> said on Tuesday it has secured an order of 400 Agri Kisan Drones from Indian Farmers Fertilizer Cooperative Limited (<keyword id="74204" type="General" weightage="20" keywordseo="iffco" source="Orion">IFFCO</keyword>). This takes Garuda <keyword id="84758" type="General" weightage="20" keywordseo="aerospace" source="Orion">Aerospace</keyword>'s order book tally to 10,000 drones for this year within the first three months, it said in a statement. "The collaboration between Garuda Aerospace and IFFCO aims to revolutionise the agricultural sector by introducing the Garuda Kisan Drone at the 'IFFCO Drone Yatra' in Karnataka. These state-of-the-art drones will enable farmers to utilise Nano Urea spraying through Precision Agriculture Drones, maximising their efficiency and productivity," it said. According to the statement, IFFCO has launched a nationwide campaign to procure 2,500 'Kisan Drones' as spray solutions for their products -- Nano Urea and Nano DAP. This initiative not only supports the development of around 5,000 rural entrepreneurs trained in drone spraying but also promotes sustainable agriculture and holistic cooperative development, it said.

Garuda Aerospace bags 400 Agri Kisan drone orders from IFFCO

<ul><li><keyword id="6354787" type="General" weightage="80" keywordseo="dgca" source="Orion">DGCA</keyword> has issued the <keyword id="973758" type="General" weightage="80" keywordseo="type-certification" source="Orion">Type Certification</keyword> for the Kisan or farmer drones made by <keyword id="4610420" type="General" weightage="100" keywordseo="garuda-aerospace" source="Orion">Garuda Aerospace</keyword>.</li><li>Garuda Aerospace also said it has an order book of 5,000 drones.</li></ul>The Directorate General of Civil Aviation (DGCA) has issued the Type Certification for the Kisan or farmer drones made by Garuda Aerospace, the company said. Garuda Aerospace also said it has an order book of 5,000 drones. According to Garuda Aerospace, the DGC Type Certification is provided on the basis of the quality check of the drones and is issued after a rigorous testing process for the unmanned aerial vehicles (UAV). The Type certification was introduced by the Indian government in August 2021 under Drone Rules. Following the Type Certification for the GA-AG model, Garuda Kisan Drone - priced at Rs.4.50 lakh- is now eligible for Rs.10 lakh unsecured loan from Agri Infrastructure Fund at five per cent and 50-100 per cent subsidy from the Government of India. "We are powered and blessed with strong demands of manufacturing 5,000 drones in the next five months catering to many opportunities. With receiving approvals we are certain that the necessary utilization of skills with significant sector growth will be seen," <keyword id="6037355" type="General" weightage="50" keywordseo="agnishwar-jayaprakash" source="Orion">Agnishwar Jayaprakash</keyword>, Founder and CEO, Garuda Aerospace said. The company is also a DGCA authorised Remote Pilot Training Organisation (RPTO) to train people to operate drones. SEE ALSO: <a href="https://www.businessinsider.in/tech/apps/news/this-app-wants-to-pay-you-to-share-your-data-for-advertising/articleshow/96418063.cms">This app wants to pay you to share your data for advertising</a> <a href="https://www.businessinsider.in/tech/news/apple-expands-end-to-end-encryption-to-icloud-in-a-bid-to-make-it-safer-for-vulnerable-profiles-like-celebrities-activists-or-journalists/articleshow/96080515.cms">Apple expands end-to-end encryption to iCloud in a bid to make it safer for vulnerable profiles like celebrities, activists, or journalists</a>

DGCA approves Garuda Aerospace's Kisan drone

Former India cricketer Mahendra Singh Dhoni-backed drone maker <keyword id="4610420" type="General" weightage="80" keywordseo="garuda-aerospace" source="Orion">Garuda Aerospace</keyword> has launched its first-ever film 'Kheton Ke Kaptan', aimed at encouraging youth and farmers to lead in their respective farms. Conceptualized by <keyword id="172047" type="General" weightage="100" keywordseo="garuda" source="Orion">Garuda</keyword> Aerospace's and jointly produced with Dhoni Entertainment Private Limited, the film 'Kheton Ke Kaptan' illustrates the need of farmers in their daily lives and how Garuda drones can help farmers with pesticide spraying, surveillance, and mapping while saving water and time. <keyword id="4185130" type="General" weightage="50" keywordseo="cricketer-dhoni" source="Orion">Cricketer Dhoni</keyword> is an ambassador-cum-investor in the low-cost drone manufacturer. Besides providing drone training, subsidies and loans to procure drones will also be provided to youth and farmers. "Farmers are the heroes of our nation and we at Garuda Aerospace have been committed to designing drones that help farmers spray pesticides altogether and make their lives easier <keyword id="10138" type="General" weightage="50" keywordseo="mahendra-singh-dhoni" source="Orion">Mahendra Singh Dhoni</keyword>, the brand ambassador of Garuda Aerospace and former Captain of the Indian Cricket team salutes the farmers as they are the future," said, Agnishwar Jayaprakash, Founder and CEO, Garuda Aerospace, told ANI. "The brand film Kheton Ke Kaptan highlights how farmers can enhance their quality of living and farming by using <keyword id="15965285" type="General" weightage="50" keywordseo="garuda-kisan-drones" source="Orion">Garuda Kisan Drones</keyword>," Jayaprakash added. Notably, Garuda Aerospace recently became the first-ever drone company to get dual DGCA approvals for both drone manufacturing type certificate and RTPO. Starting in 2015, the company has already made a significant mark on the drone industry with the Drone-As-A-Software aggregator. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/nadella-advocates-using-tech-to-drive-inclusivity-and-making-a-difference-says-microsoft-very-committed-to-india/articleshow/96730670.cms">Nadella advocates using tech to drive inclusivity and 'making a difference', says Microsoft 'very committed' to India</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/news/asus-rog-launches-its-2023-gaming-laptops-with-improved-nebula-display-and-cooling-to-enhance-your-gaming-experience/articleshow/96731762.cms">Asus ROG launches its 2023 gaming laptops with improved Nebula display and cooling to enhance your gaming experience</a>

MS Dhoni-backed drone firm Garuda Aerospace launches farmers-focused film

Drone-as-a-Service (DaaS) player <keyword id="4610420" type="General" weightage="100" keywordseo="garuda-aerospace" source="Orion">Garuda Aerospace</keyword> on Monday said it has raised $22 million as Series A funding. According to Garuda Aerospace, the funding round was led by <keyword id="6357097" type="General" weightage="50" keywordseo="venture-capital" source="Orion">Venture Capital</keyword> firm <keyword id="15395438" type="General" weightage="80" keywordseo="sphiticap" source="Orion">SphitiCap</keyword> which invested $12 million along with participation from other global investors, angel investors and high net worth individuals (<keyword id="50379" type="General" weightage="50" keywordseo="hni" source="Orion">HNI</keyword>) at $5 million. Another $5 million in funding from an infra-development company, a group of HNIs and angel investors from <keyword id="3658" type="General" weightage="20" keywordseo="india" source="Orion">India</keyword>, <keyword id="6358356" type="General" weightage="20" keywordseo="uae" source="Orion">UAE</keyword> and Singapore was secured by the startup earlier. The company will use the funds raised for scaling up and research and development for building advanced drone solutions for the armed forces in collaboration with global companies for the defence and aerospace sector. The funds will also be used for the skilling and training of drone pilots and help create employment with deepening its footprints in <keyword id="142845" type="General" weightage="50" keywordseo="tier-ii" source="Orion">Tier II</keyword> and III cities. Speaking on the funding <keyword id="6037355" type="General" weightage="50" keywordseo="agnishwar-jayaprakash" source="Orion">Agnishwar Jayaprakash</keyword>, Founder and CEO said: "Garuda Aerospace aims to sell 25,000 drones in the next 18 months and is looking forward to exporting 10,000 drones to about 100 countries in the next 15 months." Pallav <keyword id="255172" type="General" weightage="50" keywordseo="kumar-singh" source="Orion">Kumar Singh</keyword>, Managing Partner, SphitiCap said: "Given the evolving preferences and horizontal expansion with the usage of drones in several sectors, there is a vision of promising growth beneficial for both companies. With this, drones will be playing a major in nearly every sector in the future." SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/finance/news/rupee-falls-17-paise-to-82-75-against-us-dollar/articleshow/97854523.cms">Rupee falls 17 paise to 82.75 against US dollar</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/thelife/news/with-millet-kulhads-you-can-now-drink-your-tea-eat-the-cup-too/articleshow/97853752.cms">With millet kulhads, you can now drink your tea &amp; eat the cup too</a>

Drone player Garuda Aerospace raises $22 mn from SphitiCap & others

Integrated drone manufacture and drone-as-a-service (DAAS) provider <keyword id="4610420" type="General" weightage="20" keywordseo="garuda-aerospace" source="Orion">Garuda Aerospace</keyword> Pvt. Ltd has deployed its <keyword id="94769" type="General" weightage="20" keywordseo="drones" source="Orion">drones</keyword> in Assam to support the state disaster management department's rescue efforts amid the ongoing floods and landslide situation. The drones are being used to deliver emergency food and medicines packets to survivors and victims, Agnishwar Jayaprakash, Founder and CEO of Garuda Aerospace said. Garuda Aerospace has an advanced fleet management software which will also be used in the rescue efforts. SEE ALSO: <a href="https://www.businessinsider.in/tech/apps/news/google-has-termed-slice-as-a-harmful-app-recommending-users-to-uninstall-it/articleshow/92429265.cms">Slice payments app spies on photos, audio records and call history, says Google</a> <a href="https://www.businessinsider.in/business/auto/news/tata-nexon-ev-fire-government-orders-probe-into-the-incident/articleshow/92428840.cms">Tata Nexon EV fire: government orders probe into the incident</a>

Garuda Aerospace drones are delivering food and medicine in flood-hit Assam

<ul><li><keyword id="7537495" type="General" weightage="50" keywordseo="skyroot-aerospace" source="Orion">Skyroot Aerospace</keyword>'s rocket Vikram-S with three small satellites is scheduled for <keyword id="6356110" type="General" weightage="100" keywordseo="launch" source="Orion">launch</keyword> on November 18.</li><li>Chandana said Vikram-1 is expected to fly during the third quarter of calendar year 2023.</li></ul> The fee charged by the Indian space agency for the rocket launch and tracking services is nominal, said a top official of private rocket startup Skyroot Aerospace. "The <keyword id="116095" type="General" weightage="50" keywordseo="indian-space-research-organisation" source="Orion">Indian Space Research Organisation</keyword> (ISRO) provides integration facility, launchpad, range communications and tracking support before and during our rocket launch," <keyword id="6364836" type="General" weightage="50" keywordseo="pawan-kumar" source="Orion">Pawan Kumar</keyword> Chandana, CEO and Co-Founder told IANS. "The fee is reasonable. However, we won't be able to share contractual details as we are bound by a non-disclosure agreement with ISRO and IN-SPACe (Indian National Space Promotion and Authorisation Centre -- the regulator for private sector space industry)," Chandana added. Skyroot Aerospace's rocket Vikram-S with three small satellites is scheduled for launch on November 18 at 11.30 a.m. "Launch is likely on 18th as the weather is predicted to be ideal. Due to inclement weather, we got an updated launch window of November 15-19, 2022," Chandana said. According to him, the Vikram-S rocket is a scaled down version of Vikram-1 rocket. The former is a single stage rocket whereas the latter is a multi-stage vehicle. "Almost all our systems flying in Vikram-S were designed in-house, except for few sensors which were imported," Chandana said. The rocket will be powered by a single stage to help test and validate the majority of the technologies in the <keyword id="1091" type="General" weightage="80" keywordseo="vikram" source="Orion">Vikram</keyword> series of rockets. The company plans to have three rocket variants: Vikram I - payload or carrying capacity 480 kg to 500 km low inclination orbit (LIO); 290 kg to 500 km sun synchronous and polar orbit (SSPO); Vikram II - 595 kg to 500 km LIO, 400 kg to 500 km SSPO and Vikram III - 815 kg to 500 km LIO, 560 kg to 500 km SSPO. Skyroot Aerospace's rockets are named 'Vikram' as a tribute to the founder of the Indian Space programme and renowned scientist Dr <keyword id="29151" type="General" weightage="50" keywordseo="vikram-sarabhai" source="Orion">Vikram Sarabhai</keyword>. Chandana said Vikram-1 is expected to fly during the third quarter of calendar year 2023. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/how-singapore-tech-layoffs-are-impacting-indians/articleshow/95503709.cms">How Singapore tech layoffs are impacting Indians</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/science/health/news/this-is-the-calorie-count-that-makes-the-perfect-snack-as-per-medical-experts/articleshow/95522974.cms">This is the calorie count that makes the perfect snack, as per medical experts</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/news/elon-musk-fires-twitter-employee-who-corrected-him-on-the-platform/articleshow/95522946.cms">Elon Musk fires Twitter employee who corrected him on the platform</a>

ISRO's rocket launch and tracking fee is nominal: Skyroot Aerospace

<keyword id="6356166" type="General" weightage="100" keywordseo="airbus" source="Orion">Airbus</keyword> has tied up with the <keyword id="75850" type="General" weightage="50" keywordseo="indian-institute-of-science" source="Orion">Indian Institute of Science</keyword> (<keyword id="41780" type="General" weightage="80" keywordseo="iisc" source="Orion">IISc</keyword>) in Bengaluru to expand access to aerospace education and research in the country, an official said on Friday. An MoU was signed in the presence of institute representatives and senior Airbus management at Aero <keyword id="3658" type="General" weightage="50" keywordseo="india" source="Orion">India</keyword> 2023, a biennial air show and aviation exhibition held here. The partnership will help foster relevant skills and develop a leading pipeline of the talented workforce that will power the future of the aerospace sector in India. Under this agreement, both Airbus and IISc will collaborate to develop curriculum, training, and modules and promote research and innovation on topics such as sustainability, engineering, cybersecurity, artificial intelligence and big data, that are relevant to the aerospace sector. It will also give students an opportunity to engage with Airbus experts who will mentor them on their research projects and help them apply their learnings to address future challenges in the aerospace sector. "The Indian aerospace sector is on a growth trajectory. This is further broadening the scope for talented professionals in the country who have the right skills to meet future needs. The partnership with IISc will foster potential synergies in the aeronautical sector that will help develop the next generation of aerospace professionals in the country," said <keyword id="16400426" type="General" weightage="50" keywordseo="suraj-chettri" source="Orion">Suraj Chettri</keyword>, Director, Human Resources, Airbus India and South Asia. Both entities will develop online training programmes for students that are in line with Airbus' current and future needs. This will entail matching IISc capabilities with Airbus' traditional competencies to meet new emerging priorities. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/news/32-mobile-subscribers-dont-have-coverage-despite-paying-for-4g-5g-localcircles/articleshow/98009788.cms">32% mobile subscribers don't have coverage despite paying for 4G, 5G: LocalCircles</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/entertainment/news/as-pathaan-tickets-sell-for-rs-110-srk-says-phir-dekhni-padegi/articleshow/98009806.cms">As 'Pathaan' tickets sell for Rs 110, SRK says 'phir dekhni padegi'</a>

Airbus, IISc join hands on aerospace education & research

<ul><li><keyword id="6354785" type="LOCATION" weightage="60" keywordseo="france">France</keyword> is expected to reveal a massive relief package worth billions of euros for its ailing <keyword id="84758" type="COMPANY" weightage="60" keywordseo="aerospace">aerospace</keyword> industry on Tuesday, according to French media outlets.</li><li>The package, which could be worth up to 10 billion euros ($11.3 billion), will aim to revitalize the troubled French <keyword id="34984" type="ORGANIZATION" weightage="60" keywordseo="airline">airline</keyword> industry through loan guarantees, preservation of employment, and protection of French firms from foreign takeovers.</li><li>As part of the crisis package, a planned investment fund of 1 billion euros ($1 billion) is meant to aid private aerospace suppliers.</li><li><a href="https://www.businessinsider.com/?hprecirc-bullet">Visit Business Insider's homepage for more stories</a>.</li></ul>In an effort to help its depressed aerospace sector, France is reportedly preparing to unveil an economic rescue package worth billions of euros on Tuesday.The emergency plan — expected to be valued at around 10 billion euros ($11.3 billion) — aims to revitalize the hard-hit industry through measures such as loan guarantees and job preservation, according to <a href="https://www.lesechos.fr/industrie-services/air-defense/aeronautique-le-gouvernement-mobilisera-jusqua-10-milliards-daides-1209033">French financial paper Les Echos</a>.The coronavirus pandemic has hammered global demand for air travel as authorities have restricted their population's movements and people have avoided flying to reduce transmission.European airline manufacturer <keyword id="6356166" type="ORGANIZATION" weightage="60" keywordseo="airbus">Airbus</keyword>, aircraft engine-maker Safran, defence avionics group Thales, and several other French suppliers have suffered from a sharp decline in business as airlines cut back.Read More: <a href="https://www.businessinsider.com/stock-picks-to-buy-11-companies-3-month-outperformance-ms-2020-6">MORGAN STANLEY: Buy these 11 stocks right now to reap the strongest possible market-beating returns over the next 3 months</a>France's economic minister, Bruno Le Maire, along with the transport and defence ministers, are set to unveil the emergency package, including a potential 1 billion euro ($1 billion) investment fund, on Tuesday.The investment fund will focus on safeguarding private French aerospace firms from foreign takeovers, <a href="https://uk.reuters.com/article/france-aerospace/france-confirms-1-billion-euro-target-for-aerospace-fund-idUKL8N2DK0I3#:~:text=PARIS%2C%20June%207%20(Reuters),transport%20minister%20said%20on%20Sunday.">according to Reuters</a>. The transport minister, Jean-Baptiste Djebbari, has signaled a need for protection against Chinese companies making acquisition offers.The planned air crisis package is also meant to reactivate air transport, revive manufacturing, and develop lower energy-dense "hybrid planes" by 2027 and more "carbon neutral" aircraft by 2035, <a href="https://www.bloomberg.com/news/articles/2020-06-07/france-plans-billions-of-euros-to-rescue-aerospace-industry">Bloomberg said.</a>On Sunday, <a href="https://twitter.com/LCI/status/1269668328399933443">Djebbari told French news channel LCI</a> that from June 26, travel would be allowed anywhere in the European Union if the Schengen Area is reopened.Read More: <a href="https://www.businessinsider.com/stock-market-crash-new-bull-run-historical-checklist-not-met-2020-6">Stocks have met none of the 8 conditions that confirmed every new bull market in the post-war era — and one investment chief warns a relapse into a bear market is coming</a>

France is set to bail out its ailing aerospace industry with a rescue package worth billions of euros

Cricketer MS Dhoni-backed <keyword id="22760229" type="General" weightage="20" keywordseo="drone-technology-firm" source="keywords">drone technology firm</keyword> <keyword id="20401750" type="General" weightage="20" keywordseo="Garuda-Aerospace" source="keywords" meta.keywordsubtype="org" meta.entityname="Garuda Aerospace" meta.hostid="261" meta.entityid="Garuda Aerospace">Garuda Aerospace</keyword> on Monday announced its entry in the <keyword id="22760228" type="General" weightage="20" keywordseo="Sri-Lankan-market" source="keywords">Sri Lankan market</keyword> where it will primarily target <keyword id="19915424" type="General" weightage="20" keywordseo="agricultural-sector" source="keywords">agricultural sector</keyword> to enhance farming practices, besides exploring opportunities in <keyword id="20695675" type="General" weightage="20" keywordseo="homeland-security" source="keywords">homeland security</keyword> and industrial applications. As part of the company's global expansion plans, the foray into Sri Lanka will also support Garuda in capitalising on the country's strategic location and drone-friendly regulatory environment, Garuda Aerospace said. The company said it is looking to spread its presence in at least 50 countries over the next few years, and has set aside USD 10 million, of the over Rs 100 crore revenue it delivered in FY24, to fuel the international growth. "This (expansion into Sri Lanka) isn't merely about growth, it's about unlocking the full potential of drone technology to create substantial impacts across various sectors. Sri Lanka's diverse landscape allows us to showcase how our innovative solutions can bring tangible benefits, from agriculture to infrastructure," said Agnishwar Jayaprakash, Founder and CEO of Garuda Aerospace. Garuda Aerospace, which produces small and medium category drones, had partnered with Greek manufacturer Spirit Aeronautical Systems early this year. It has also signed a pact with French aerospace giant Thales to promote growth and innovation in India's drone sector. Spirit Aeronautical specialises in rotary and fixed-wing weaponised drones. SEE ALSO:<a href="https://www.businessinsider.in/stock-market/webstories/saraswati-saree-depot-ipo-price-band-to-risk-factors-all-you-need-to-know/slidelist/112457330.cms" target="_blank"></a> <a href="https://www.businessinsider.in/stock-market/webstories/saraswati-saree-depot-ipo-price-band-to-risk-factors-all-you-need-to-know/slidelist/112457330.cms" target="_blank">Saraswati Saree Depot IPO – Price band to risk factors, all you need to know</a><a href="https://www.businessinsider.in/tech/news/indias-wearables-market-decline-for-the-first-time-as-smartwatch-shipments-fall/articleshow/112397246.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/news/indias-wearables-market-decline-for-the-first-time-as-smartwatch-shipments-fall/articleshow/112397246.cms" target="_blank">India’s wearables market decline for the first time as smartwatch shipments fall</a><a href="https://www.businessinsider.in/business/auto/news/tata-curvv-ev-with-up-to-585-km-range-launched-starting-at-17-49-lakh/slidelist/112342769.cms" target="_blank"></a> <a href="https://www.businessinsider.in/business/auto/news/tata-curvv-ev-with-up-to-585-km-range-launched-starting-at-17-49-lakh/slidelist/112342769.cms" target="_blank">Tata Curvv EV with up to 585 km range launched starting at ₹17.49 lakh</a>

Garuda Aerospace enters Sri Lankan market

<keyword id="6358070" type="LOCATION" weightage="20" keywordseo="mumbai">Mumbai</keyword>, Leading aerospace and defence technology company Rolls-Royce and IT major <keyword id="6354512" type="COMPANY" weightage="20" keywordseo="Infosys">Infosys</keyword> on Wednesday announced their strategic partnership for aerospace engineering in India. As part of the overall partnership, Rolls-Royce will transition a significant part of its <keyword id="10367223" type="UNKNOWN" weightage="20" keywordseo="engineering-centre-capabilities">engineering centre capabilities</keyword> for Civil Aerospace in Bengaluru to Infosys. "Leveraging its expertise in core engineering services, digital transformation capabilities, and Rolls-Royce product knowledge acquired through the partnership, Infosys will provide a full range of high-end engineering and R&amp;D services integrated with advanced digital service to Rolls-Royce," a <keyword id="45866" type="ORGANIZATION" weightage="20" keywordseo="Joint-statement">joint statement</keyword> from the two companies said. According to the statement, over the past decade, Rolls-Royce has established a multidisciplinary engineering centre in Bengaluru, and this has been an integral part of <keyword id="10367222" type="COMPANY" weightage="20" keywordseo="rolls-royce-engineering">Rolls-Royce Engineering</keyword> and R&amp;D services. "The centre covers a mix of engineering capabilities spanning the full range of sub-functions and specialisms in R&amp;D. Going forward, Rolls-Royce will continue these complex engineering activities in India in partnership with Infosys," the statement said. "The engineering centre for Civil Aerospace will strengthen Infosys' existing capabilities in 'Turbomachinery and Propulsion' that are currently delivered through a network of engineering centres in Mysore, Baden, and Karlovac." SEE ALSO: <a href="https://www.businessinsider.in/business/corporates/news/burger-king-grey-market-premium-and-heres-what-brokerages-say-about-the-ipo-opening-tomorrow/articleshow/79508730.cms?upcache=2">Burger King India IPO opens today — brokerages recommend ‘subscribe’ on attractive valuation</a> <a href="https://www.businessinsider.in/stock-market/news/top-stocks-to-watch-dr-reddys-lab-reliance-power-hero-moto-eicher-motors-tvs-motor-phoenix-mills-coal-india-and-others/articleshow/79521982.cms">Top stocks to watch — Dr Reddy’s Lab, Reliance Power, Hero Moto, Eicher Motors, TVS Motor, Phoenix Mills, Coal India, and others</a>

Rolls-Royce, Infosys enter into partnership for aerospace engineering in India

<ul class="summary-list"><li><keyword id="11345574" type="UNKNOWN" weightage="60" keywordseo="venus-aerospace">Venus Aerospace</keyword>, a <keyword id="100821" type="COMPANY" weightage="60" keywordseo="Houston">Houston</keyword> startup, said its working on a Mach 12 hypersonic aircraft.</li><li>Travel between Los Angeles and Tokyo could take a hour, the company said. </li><li>Prime Movers Lab led Venus Aerospace's $3 million seed funding round in March. </li></ul>Venus Aerospace, a Houston startup, said it's working on a Mach 12 hypersonic aircraft that would cut travel time from Los Angeles to Tokyo to one hour. "This is for regular people," CEO Sarah "Sassie" Duggleby told <a href="https://www.bloomberg.com/news/articles/2021-05-28/space-plane-startup-promises-one-hour-rides-to-anywhere-on-earth">Bloomberg Businessweek</a>.At top speed, the aircraft would be moving about 12 times the speed of sound, <a href="https://www.houstonchronicle.com/news/houston-texas/space/article/Houston-startup-designing-spaceplane-that-could-16012453.php">The Houston Chronicle</a> reported. Most commercial flights between Los Angeles and Tokyo make the trip in about 12 hours. The company said on <a href="https://www.venusaero.com/">its website</a> that it's made breakthroughs in engine efficiency, aircraft shape, and edge cooling technology. That tech would make "one-hour global transport cost-effective," the company said. Venus Aerospace in early March announced a $3 million seed fundraising round led by Prime Movers Lab. "This futuristic concept that was once a dream is now reality, and watching it physically unfold with a team of talented scientists and engineers is just incredible," Duggleby said in <a href="https://www.prnewswire.com/news-releases/venus-aerospace-closes-on-3-million-in-seed-funding-301239617.html">a press statement</a> at the time. The company's aircraft would travel at an altitude of about 150,000 feet, or about 28.4 miles, almost four times higher than most passenger jets, according to reports.Richard Branson's Virgin Galactic last week <a href="https://www.businessinsider.com/virgin-galactic-space-flight-may-2021-5">completed its third flight</a> to the edge of <keyword id="41531" type="COMPANY" weightage="60" keywordseo="space">space</keyword>, hitting Mach 3 and an altitude of 55.45 miles. Space begins about 50 miles above the Earth's surface, according to <a href="https://www.nesdis.noaa.gov/content/where-space">NASA and the US military</a>. Venus Aerospace relocated to <keyword id="15710" type="ENTERTAINMENT" weightage="60" keywordseo="texas">Texas</keyword> from California to be closer to the Houston Spaceport, said Brandon Simmons, of Prime Movers Lab, in <a href="https://medium.com/prime-movers-lab/why-we-invested-in-venus-aerospace-2d58f590e7d6">a blog post</a>.Simmons wrote that Duggleby previously worked at Virgin Orbit. Cofounder and CTO Andrew Duggleby held positions at both Virgin Orbit and Virgin Galactic. The startup has about 15 employees.

Los Angeles to Tokyo in an hour - a Texas startup is building a Mach 12 hypersonic plane that could dramatically reduce travel times

As part of its plan to launch its rocket from foreign rocket ports, Chennai-based small rocket-maker <keyword id="7122982" type="UNKNOWN" weightage="20" keywordseo="agnikul-cosmos">Agnikul Cosmos</keyword> Private Ltd on Wednesday said that it has signed an agreement with the <keyword id="10026792" type="UNKNOWN" weightage="20" keywordseo="alaska-aerospace">Alaska Aerospace</keyword> Corporation. In a tweet, Agnikul Cosmos said: "It's exactly 1 year since we presented our #MadeInIndia solution to honourable PM Shri @narendramodi ji. Today, humbled to take our homegrown product further as a global solution to customers across the world. Thank you, Alaska Aerospace." As per the agreement, Agnikul Cosmos will test-launch its 'Agnibaan' rocket from Alaska Aerospace's Pacific Spaceport Complex Alaskar on Kodiak Island in the US. Agnikul Cosmos, which is developing a small rocket with a capacity to carry 100 kg satellite into low earth orbit, said that the ability to launch from high latitude launch ports is a significant advantage. "Our first preference is to use Indian rocket ports at Sriharikota or the upcoming one at Kulasekarapattinam in Tamil Nadu (both belonging to the Indian Space Research Organisation). If the customer prefers the launch to happen from some other country, we will ship the rocket and launch from there," Srinath Ravichandran, co-founder and CEO Agnikul Cosmos had told IANS earlier. In July 2020, Agnikul signed an MoU with Italian company Leaf Space for ground station services. Ravichandran had said the company has signed up with a launch port in south Australia and is exploring four to five launch ports across the world. The company is hopeful of signing a satellite launch contract in 2021 and the debut launch of its 'Agnibaan' rocket is planned for 2022. SEE ALSO: <a href="https://www.businessinsider.in/india/news/babri-masjid-demolition-case-cbi-special-court-acquits-all-accused-judge-says-demolition-was-not-pre-planned/articleshow/78401534.cms">Babri Masjid demolition case: CBI Special Court acquits all accused, judge says ‘demolition was not pre-planned’</a> <a href="https://www.businessinsider.in/india/news/rbi-records-its-largest-ever-current-account-surplus-but-thats-not-necessarily-a-good-thing/articleshow/78403696.cms">RBI records its largest-ever current account surplus — but that’s not necessarily a good thing</a> <a href="https://www.businessinsider.in/tech/enterprise/news/airtel-launches-new-cybersecurity-product-with-cisco-radware-vmware-and-forcepoint-for-enterprises-it-took-100-crore-and-over-a-year-to-set-up/articleshow/78403006.cms">Airtel launches new cybersecurity product with CISCO, Radware, VMware, and Forcepoint for enterprises — it took ₹100 crore and over a year to set up</a>

Agnikul Cosmos signs up with US-based Alaska Aerospace to test rocket

<ul><li>The Human Resource &amp; Development Ministry (MHRD) will launch a course in aerospace engineering. </li><li>The course will be available online from 29 July. </li><li>It will include six courses, imparting knowledge on designing, manufacturing and maintenance of spacecraft, aircraft, missiles in aerospace engineering. </li><li>In India, the annual compensation of aerospace engineers is nearly ₹867,543. </li></ul>Soon after India launched <keyword id="53289" type="PERSON" weightage="20" keywordseo="Chandrayaan-2">Chandrayaan-2</keyword>, its second mission to the moon, the Human Resource &amp; Development Ministry (MHRD) said that its ‘Swayam’ portal will offer online courses in aerospace engineering. The course will be available online from 29 July. Launched by the Indian government, Swayam provides open online courses with teaching and learning resources to its citizens. “ISRO will go ‘back to the moon’ today. Learn Aerospace Engineering with Swayam, who knows, if you are a part of the journey the next time,” the Human Resource Development (HRD) Ministry said in a tweet. 
 
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 The portal will have six courses that provide knowledge on designing, manufacturing and maintenance of spacecraft, aircraft, missiles in aerospace engineering. Indian <keyword id="49737" type="COMPANY" weightage="20" keywordseo="IITs">IITs</keyword> will also offer several courses to enhance the learning in the domain. The Indian Institute of Technology (IIT) Kanpur will conduct a three month long ‘Aircraft stability and control’ course and ‘Design of fixed wing unmanned aerial vehicles’ course for two months, under the initiative. It will also conduct ‘Introduction to rocket propulsion’ course for three months. In the aerospace domain, IIT Bombay will also launch a three month long course on ‘Introduction to aerospace engineering/flight’ imparting the basics of aerospace engineering. ‘Vibration and structural dynamics’ course will be conducted by IIT Kharagpur. The demand for Aerospace engineers has been on the rise, globally. According to the Bureau of Labor Statistics, the sector will create jobs at a rate of 6% by 2026. In India, the annual compensation of aerospace engineers is nearly ₹867,543. See also: <a href="https://www.businessinsider.in/jee-candidates-can-apply-for-uk-queens-university/articleshow/69922025.cms">Those who clear India's Joint Entrance Examination (JEE) may get a shot at UK's Queen's University</a> <a href="https://www.businessinsider.in/watch-the-spectacular-launch-of-chandrayaan-2-indias-moon-mission-that-cost-less-than-avengers-endgame/articleshow/70328691.cms">Watch the spectacular launch of Chandrayaan-2 — India's moon mission that cost less than Avengers: Endgame</a> <a href="https://www.businessinsider.in/after-chandrayaan-2-launch-isro-chief-k-sivan-lists-out-the-tasks-cut-out-for-the-moon-mission/articleshow/70329956.cms">ISRO Chief K Sivan says Chandrayaan 2 "bounced back with flying colours" but that task is not over yet</a>

Indian government launches online aerospace engineering course for those who aspire to reach the moon

<keyword id="7537495" type="General" weightage="50" keywordseo="skyroot-aerospace" source="Orion">Skyroot Aerospace</keyword>, which successfully launched the country's first private rocket Vikram-S recently, plans to launch Vikram-1, a much bigger rocket to place satellites into orbit, within a year. The Hyderabad-based space startup also aims to slash the costs of space travel in the future. "..now that we have done the first private rocket launch, Vikram-S, our next plan is to launch Vikram-1 which is a much bigger rocket putting satellites into orbit. That we want to do within a year from now," Pawan Chandana, co-founder of <keyword id="9750118" type="General" weightage="100" keywordseo="skyroot" source="Orion">Skyroot</keyword>, told PTI here Monday evening. Skyroot also wants to become one of the first few companies in the world that can place satellites into orbit. He said the firm has raised about USD 68 million, which is the largest in the aerospace startup ecosystem in India. "Of course, it took close to four years to raise this kind of capital. Now, we are good for the first few launches to orbit and then, of course, it has been very challenging because first time somebody went to the market and raised such large capital," Chandana said. Skyroot would keep on raising more capital in its journey forward and would like to generate a good amount of revenue as it starts launching next year, he said. Noting that space travel is expensive now, he said his firm aims to slash costs, make it affordable and increase reliability. "Today, the biggest problem is that space travel is very costly. Because, rockets, the only way to go to space are very unreliable. Sometimes, they don't work and are also very expensive. They fall into the sea and then you are building something, throwing it away. It's very costly," he said. The Blue Origin of <keyword id="18635" type="General" weightage="50" keywordseo="amazon" source="Orion">Amazon</keyword> founder <keyword id="191583" type="General" weightage="50" keywordseo="jeff-bezos" source="Orion">Jeff Bezos</keyword> started offering services such as space travel and it may take up to 10 years to become a reality from an Indian perspective, he added. India on November 18 successfully launched its first privately made rocket, developed by four-year-old Skyroot, marking the entry of the private sector into the country's space ecosystem, which is currently dominated by the state-run behemoth ISRO. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/people-ready-to-pay-15-20-premium-for-health-and-wellness-amenities-in-housing-properties-dhaval-ajmera/articleshow/95832362.cms">People ready to pay 15-20% premium for health and wellness amenities in housing properties: Dhaval Ajmera</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/news/google-microsoft-backed-verse-innovation-sacks-150-employees/articleshow/95849920.cms">Google, Microsoft backed VerSe Innovation sacks 150 employees, cuts pay for employees earning ₹10 lakh or more</a>

You Searched For "aerospace" and got 14 results

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Rolls-Royce, Infosys enter into partnership for aerospace engineering in India

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Los Angeles to Tokyo in an hour - a Texas startup is building a Mach 12 hypersonic plane that could dramatically reduce travel times

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Agnikul Cosmos signs up with US-based Alaska Aerospace to test rocket

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Indian government launches online aerospace engineering course for those who aspire to reach the moon

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