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The <keyword id="116095" type="General" weightage="50" keywordseo="indian-space-research-organisation" source="Orion">Indian Space Research Organisation</keyword> (ISRO) launched <keyword id="3658" type="General" weightage="100" keywordseo="india" source="Orion">India</keyword>'s largest LVM3 rocket carrying 36 satellites from Andhra Pradesh's <keyword id="6355143" type="General" weightage="80" keywordseo="sriharikota" source="Orion">Sriharikota</keyword> on Sunday morning. LVM3 was launched from <keyword id="6356967" type="General" weightage="80" keywordseo="satish-dhawan-space-centre" source="Orion">Satish Dhawan Space Centre</keyword> in Sriharikota at around 9 AM. "LVM3 standing 43.5 metres tall and weighing 643 tonnes lifted off from the second launch pad rocket port carrying OneWeb's final instalment of 36 Gen1 satellites", said the officials. Reportedly, the LVM3 is a three-stage rocket with the first stage fired with liquid fuel, the two strap-on motors powered by solid fuel, the second by liquid fuel and the third is the cryogenic engine. "Just over 19 minutes after the rocket's take off, the process of satellite separation will begin. The separation of 36 satellites will happen in a phased manner", as informed by the officials. Earlier social media handle of OneWeb satellite communications company and a partner in this mission took to Twitter and said, "Our golden 'Hello World' mission patch for this launch reflects our initiation of global coverage this year". One Web also mentioned the importance of collaboration between the UK and Indian space industries. One Web further tweeted, "OneWebLaunch18 will see us launch 36 satellites with @isro and @NSIL_India from the Satish Dhawan Space Centre in Sriharikota, India. This mission marks OneWeb's second satellite deployment from India, highlighting the collaboration between the UK and Indian space industries". In the year 2022 on October 23, ISRO launched 36 satellites of OneWeb. It was the first satellite deployment collaboration between the two organizations. SEE ALSO: <a href="https://www.businessinsider.in/business/startups/news/ashneer-grovers-new-startup-crickpe-is-a-fantasy-sports-app-that-will-also-reward-cricketers/articleshow/98964195.cms">Ashneer Grover's new startup CrickPe is a fantasy sports app that will also reward cricketers</a> <a href="https://www.businessinsider.in/tech/news/you-will-soon-lose-your-legacy-blue-tick-on-twitter-heres-everything-you-need-to-know/articleshow/98960333.cms">You will soon lose your legacy blue tick on Twitter – here’s everything you need to know</a> <a href="https://www.businessinsider.in/tech/mobile/news/three-out-of-four-premium-smartphones-sold-in-2022-were-an-iphone/articleshow/98855033.cms">Three out of four premium smartphones sold in 2022 were an iPhone</a>

ISRO launches India's largest LVM3 rocket from Sriharikota

Small rocket maker Agnikul Cosmos Private Ltd is looking at overseas rocket ports to launch its rocket with small satellites apart from the Indian rocket launch centres, said a top company official. <div type="Article" hostid="261" msid="77506716" title="India’s first private player to successfully test a homegrown rocket engine is on track for its first full rocket launch by 2021" mstype="2" mssubtype="0"></div> "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 Pvt Ltd, told IANS. In July 2020, Agnikul signed a Memorandum of Understanding (MoU) with Italian company Leaf Space for ground station services. Ravichandran 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 rocket 'Agnibaan' is planned for 2022. Towards roping in customers Agnikul has recently signed up with Germany based HOSTmi - a match making platform between satellite owners and satellite launch companies. "HOSTmi is supported by the European Space Agency to make it easy for European customers to have on-demand access to space," Ravichandran said. According to Ravichandran, Agnikul has already signed MoUs with several European customers - Deployables Cube, Alen Space, Innovative Solutions in Space, Nanoavionics A-A to launch their small satellite systems. Speaking about the status of the Agnibaan rocket, he said the upper stage engine has been realised and work is on for realising the first stage engine, which is bigger in size to give the necessary thrust during the initial stages of the rocket's flight. All the engines will be fired by semi-cryogenic fuel or simply put pure kerosene. The rocket height will be 18 metres and it would weigh about 14 tons at lift off and has a carrying capacity of 100 kg to low earth orbit (LEO). "We will be integrating the rocket stages in a horizontal manner. Horizontal integration is not new for the industry. Our workshop is in IIT Madras Research Park. We will be needing additional space," Ravichandran said. While there is no certifying agency for satellite launchers, Ravichandran said the company has asked ISRO to review their engine. "Having now completed multiple engine firings and igniter hot fire tests, we are now gearing up to a full blown semi-cryogenic engine hot fire test in the coming months," he remarked. Agnikul will buy commercially available navigation systems and modify them to its needs. According to Ravichandran, the global micro, nano and small satellite (satellites weighing 1kg to 150kg) launch market is estimated to be about $2-$3 billion per year. About 500 satellites are being launched across the world and the carrying rate is about $40,000 per kg for low earth orbit. Presently, small satellites are carried as piggyback luggage by bigger rockets. Thus, the waiting time for small satellite makers to put their satellites into orbit is very long. While small rocket players may face competition from agencies having bigger rockets in terms of pricing, Ravichandran said the satellite players will have to look at the opportunity cost of waiting for space in a bigger rocket whereas it may not be so with players like Agnikul. He said Agnikul has raised $4 million in two rounds of funding till date. SEE ALSO: <a href="https://www.businessinsider.in/science/space/news/nasa-confirms-that-the-dent-in-earths-protective-shield-is-splitting-into-two-and-it-is-getting-bigger/articleshow/77611768.cms">NASA confirms that the dent in Earth’s protective shield is splitting into two as it gets bigger</a> <a href="https://www.businessinsider.in/science/space/news/elon-musks-spacex-catches-falcon-9s-rocket-head-for-the-third-time-in-a-row-with-a-giant-net-out-in-the-middle-of-the-atlantic-ocean/articleshow/77631212.cms">Elon Musk’s SpaceX catches Falcon 9’s rocket head for the third time in a row — with a giant net out in the middle of the Atlantic ocean</a> <a href="https://www.businessinsider.in/science/space/news/skyroot-aerospace-successfully-tests-homegrown-rocket-engine-is-on-track-for-its-first-full-rocket-launch-by-2021/articleshow/77506716.cms">India’s first private player to successfully test a homegrown rocket engine is on track for its first full rocket launch by 2021</a>

Indian space startup Agnikul may be looking outside India to launch its rockets

<ul class="summary-list"><li>NASA successfully launched a probe headed for an asteroid that may be worth $10 quintillion.</li><li>The outer-world body is composed of metals such as gold, nickel, and iron.</li></ul>A NASA spacecraft is en route toward an asteroid believed to be brimming with an astronomical amount of metal riches.The space agency successfully launched a probe Friday morning, carried by a SpaceX Falcon Heavy rocket. It is on a nearly six-year journey, with the "Psyche" spacecraft expected to reach the Main Asteroid Belt, located between Mars and Jupiter, in 2029.Once there, it will orbit the asteroid for 26 months, studying and photographing the body to learn its history and mineral composition.The 176-mile-wide asteroid, which is called 16 Psyche, has piqued interest on Earth. The celestial body is believed to be composed of high-value commodities such as platinum, gold, nickel, and iron. Altogether, estimates have valued 16 Psyche's ore at <a href="https://markets.businessinsider.com/news/commodities/asteroid-psyche-iron-nickel-gold-nasa-10-quintillion-metals-spacex-2023-7">around $10 quintillion</a>. To be sure, NASA's aim in reaching the asteroid is for scientific observation, not commercial mining. Scientists have suggested the asteroid may be the exposed core of an ancient planet, or a primal mash-up of early minerals that came together at the start of the solar system, the <a href="https://www.bbc.com/news/science-environment-67099605" target="_blank" rel="noopener">BBC reports</a>.But excitement over 16 Psyche's mineral composition also puts focus on the blossoming commercial potential of space, with asteroid mining seen as a possible source of future revenue. Under the 2015 US Commercial Space Launch Competitiveness Act, private firms have a <a href="https://www.businessinsider.com/asteroid-mining-company-earth-startups-raw-materials-cobalt-gold-platinum-2021-3?utm_medium=ingest&amp;utm_source=markets">legal right</a> to materials extracted from outer-world bodies, and startups have taken off as a result.Even the Moon may be a target, as nations such as India, the US, China, and Russia, are all eyeing its potential resources, including water and rare-earth metals. Though valuations for the Moon's commodities range widely, some have <a href="https://markets.businessinsider.com/news/commodities/moon-mining-space-race-helium-metals-india-chandrayaan-russia-luna-2023-8">topped $1 quadrillion</a>.Meanwhile, other high-value asteroids exist in the Main Asteroid Belt, which collectively could be <a href="https://www.businessinsider.in/science/space/news/asteroids-contain-metals-worth-quintillions-of-dollars-but-mining-them-wont-necessarily-make-your-richer-than-bezos-or-musk/articleshow/83989878.cms" target="_blank" rel="noopener">valued at $700 quintillion</a>. Of course, even if companies manage to mine celestial bodies successfully, a massive inflow of space-based supplies would send commodity prices on Earth plummeting.

NASA probe heads for metal-rich asteroid worth $10 quintillion after launch on SpaceX rocket

With the government opening up the space sector for private investments, Chennai-based rocket making start-up <keyword id="7122982" type="UNKNOWN" weightage="20" keywordseo="agnikul-cosmos">Agnikul Cosmos</keyword> Private Ltd is expecting to have its rocket ready by 2022, said a top company official. "We have realised the engine for the upper stage or third stage and work is on for the first and second stage engines of the rocket. We hope to have the engines in seven months' time. Depending on how the Covid-19 lockdown progresses, we expect the rocket to be ready by later part of 2022," Co-founder and CEO Srinath Ravichandran told IANS. Agnikul, he said, is developing a three-stage (three engine) rocket, powered by kerosene or semi-cryogenic fuel with a carrying capacity of 100 kg to low earth orbit. The rocket height will be 18 metres and it would weigh about 13 ton at liftoff. According to Ravichandran, the company will buy commercially-available navigation systems and modify them to its needs. The company, which has 50 employees, is currently working out of the National Centre for Combustion Research and Development located at Indian Institute of Technology-Madras. Ravichandran said that Agnikul has raised about Rs 26 crore till date from various investors and the promoters have also put in their own funds. Agreeing that the money in rocket launch services is very low compared to that in satellite application service and ground equipment, Ravichandran said: "The estimated market for small satellite launches is about $ 2-2.5 million per year. This market will grow when there are rockets available for putting into orbit small satellites." Presently, small satellites are carried as piggyback luggage by bigger rockets. Thus, the waiting time for small satellite makers to put their satellites into orbit is very long. "But if there are rockets available to launch small satellites, then the market for such satellites and also for small rockets will increase," Ravichandran said. While small rocket players may face competition from agencies having bigger rockets in terms of pricing, Ravichandran said the satellite players will have to look at the opportunity cost of waiting for the space in a bigger rocket whereas it may be not be so with players like Agnikul. Currently the US-based Rocket Lab is the only player in the segment that Agnikul is targeting. "By 2022, more number of such small rockets are expected to come into the satellite launch vehicle market," Ravichandran said. As regards the rocket ports, Agnikul will be looking at using the existing rocket port at Sriharikota belonging to Indian Space Research Organisation (ISRO) or the one that is coming up at Kulasekarapattinam in Tamil Nadu. Happy at the Indian government's decision to open up the space sector for private players Ravichandran said the proposed Indian National Space Promotion and Authorisation Centre (IN-SPACe) should have technical experts so that valid proposals are taken forward as well as marketing people who understand business. According to the Indian government, IN-SPACe will provide a level playing field for private companies to use Indian space infrastructure.

Indian start-up is building a three-stage rocket that could be ready to launch by 2022

The Department of Space on Thursday said it has signed a non-disclosure agreement (NDA) with Chennai-based small rocket company <keyword id="7122982" type="UNKNOWN" weightage="20" keywordseo="agnikul-cosmos">Agnikul Cosmos</keyword> Pvt Ltd to access the facilities and technical expertise available in <keyword id="116095" type="ORGANIZATION" weightage="20" keywordseo="Indian-Space-Research-Organisation">Indian Space Research Organisation</keyword> (<keyword id="6358064" type="UNKNOWN" weightage="20" keywordseo="isro">ISRO</keyword>) centres. According to DoS, this is the first NDA to be signed after the establishment of IN-SPACe, the authorization and regulatory body for enabling private players to undertake space activities in India. Under the NDA, Agnikul Cosmos will be enabled to access the facilities and technical expertise available in ISRO centres to proceed with their launch vehicle development programme. The start-up company is located in the National Centre for Combustion Research and Development, Indian Institute of Technology, Madras. The NDA was signed in the presence of Space Secretary and ISRO Chairman Dr. K Sivan, and IIT-Madras Director Prof. Bhaskar Ramamurthi. R. Umamaheswaran, Scientific Secretary, ISRO, was the signatory on behalf of Department of Space for the NDA and Agnikul Cosmos CEO Srinath Ravichandran on behalf of the company. The ISRO officials assured all support to Agnikul Cosmos for testing and qualifying its rocket. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/sbis-mobile-banking-app-is-down-for-the-third-time-in-last-30-days/articleshow/79548953.cms">SBI’s mobile banking app is down for the third time in 30 days — digital services take a hit for the 25th time this year</a> <a href="https://www.businessinsider.in/business/corporates/news/ultratech-cements-5477-crore-expansion-plan-is-a-sign-that-birla-is-betting-on-a-faster-economic-recovery/articleshow/79549626.cms">UltraTech Cement's ₹5,477 crore expansion plan is a sign that Birla is betting on a faster economic recovery</a> <a href="https://www.businessinsider.in/finance/banks/news/rbi-directs-hdfc-bank-to-suspend-its-digital-business-and-new-credit-cards-amid-rising-incidents-of-outages/articleshow/79542055.cms">RBI tells HDFC Bank to stop new digital launches and selling new credit cards after recent outages of online banking</a>

ISRO gives a rocket building startup access to its facilities

<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>

Skyroot Aerospace plans to launch another rocket Vikram-1, in one year

These 44 pitch decks helped fintechs disrupting trading, investing, and banking raise millions in funding

Chairman of the <keyword id="116095" type="General" weightage="50" keywordseo="indian-space-research-organisation" source="Orion">Indian Space Research Organisation</keyword> (<keyword id="6358064" type="General" weightage="100" keywordseo="isro" source="Orion">ISRO</keyword>), S. Somanath on Thursday said that about 100 startups have registered with the space agency and are working closely in various domains. Addressing a plenary session at the <keyword id="5986217" type="General" weightage="50" keywordseo="bengaluru-tech-summit" source="Orion">Bengaluru Tech Summit</keyword> 2022 on 'R&amp;D of India: Innovation for Global Impact', he said that the ISRO has signed MoUs with companies to work closely which include hand-holding in space technology and building processes from start to finish. Somanath said a significant number of companies have the potential to become big players in the space sector and ISRO is playing the role of facilitator and helping in building technologies, adding that out of the 100 startups at least 10 of them are working on developing satellites and rockets. He also announced that Chandrayaan 3 mission will be in orbit in a few months adding that ISRO is working closely with <keyword id="6360409" type="General" weightage="50" keywordseo="nasa" source="Orion">NASA</keyword> in space technology areas. He said the computer that was used in the rocket was made in India. In his brisk presentation, he said space tourism has picked up in the world with startups evincing interest in various applications which impact day-to-day activities. The ISRO chairman said that the agency is playing an important role in smart city projects and smart manufacturing processes. He said some of the areas that ISRO is working on include bringing back satellite technology, propulsion systems used in engine manufacturing which have been successfully tested, green and hybrid propulsion systems, nuclear propulsion, the launch of small rockets with the use of additive technologies, energy storage systems, functional materials, carbon fibre technology, electronic devices, robotics, drone technologies, <keyword id="6518536" type="General" weightage="50" keywordseo="quantum" source="Orion">quantum</keyword> technology used in encryption and disruptive technologies. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/science/health/news/novel-artificial-enzymes-could-help-kill-covid-virus-study/articleshow/95575741.cms">Novel artificial enzymes could help 'kill' Covid virus: Study</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/science/health/news/health-ministry-rejects-claim-covaxin-was-rushed-due-to-political-pressure/articleshow/95576897.cms">Health Ministry rejects claim 'Covaxin was rushed due to political pressure'</a>

You Searched For "rocket startup india" and got 8 results

ISRO launches India's largest LVM3 rocket from Sriharikota

ANI

Indian space startup Agnikul may be looking outside India to launch its rockets

IANS

NASA probe heads for metal-rich asteroid worth $10 quintillion after launch on SpaceX rocket

Filip De Mott

Indian start-up is building a three-stage rocket that could be ready to launch by 2022

IANS

ISRO gives a rocket building startup access to its facilities

IANS

Skyroot Aerospace plans to launch another rocket Vikram-1, in one year

PTI

These 44 pitch decks helped fintechs disrupting trading, investing, and banking raise millions in funding

Shannen Balogh,Anita Ramaswam…

100 startups registered with ISRO to work in space tech domains: Chairman

IANS

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