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India on Friday successfully placed three satellites into orbit on a rocket completely developed by a four-year-old startup, marking the entry of the private sector into space activities, currently dominated by the state-run behemoth ISRO. <keyword id="7537495" type="General" weightage="80" keywordseo="skyroot-aerospace" source="Orion">Skyroot Aerospace</keyword>-designed Vikram-S, named in a befitting tribute to the father of the country's space programme <keyword id="29151" type="General" weightage="50" keywordseo="vikram-sarabhai" source="Orion">Vikram Sarabhai</keyword>, tasted success in its maiden mission. Skyroot Aerospace become the first privately held company in India after the space sector was opened for private players by the Centre in 2020. "I am happy to announce the successful completion of Mission Prarambh, The Beginning, by Skyroot aerospace," a smiling Pawan Goenka, Chairman of the country's space regulator, Indian National Space Promotion and Authorisation Centre (INSPACe), said from ISRO's Mission Control Center here. The rocket achieved an altitude of 89.5 km and a range of 121.2 km, "exactly what was planned by Skyroot Aerospace," he said. The rocket "worked as planned" and Skyroot Aerospace has demonstrated various capabilities of sub-systems that will go into the orbital launch vehicle, he added. The rocket integrated into the launcher soared after lifting off at the prefixed 11.30 am from the sounding rocket complex at the Indian Space Research Organisation's Satish Dhawan Space Centre, here, about 115 km from Chennai. The Mission unveiled by ISRO Chairman S Somanath has three payloads with two belonging to domestic customers and one from a foreign client. The 6-metre tall launch vehicle is one of the world's first few all-composite rockets that has 3-D printed solid thrusters for spin stability of the launch vehicle. "This is a new beginning for the Indian private sector entering aerospace and a historic moment for all of us," Goenka said. The three payloads riding piggyback on the rocket are from Chennai-based start-up SpaceKidz, Andhra Pradesh-based N-SpaceTech and Armenian BazoomQ Space Research Lab. Vikram-S launched the payloads in about 500 km low inclination orbit. In a departure from the routine, Friday's mission was launched from the complex where sounding rockets were used by ISRO. The Satish Dhawan Space Centre (SDSC) in <keyword id="6355143" type="General" weightage="50" keywordseo="sriharikota" source="Orion">Sriharikota</keyword> has two launch complexes, each capable of providing complete support for vehicle assembly, check out and launch operations for any kind of missions -- Low Earth Orbit, Geosynchronous Transfer Orbit. PSLVs and GSLVs are launched from here. Friday's mission is considered to be a significant milestone for Skyroot Aerospace as it would help test and validate the majority of the technologies in the <keyword id="1091" type="General" weightage="100" keywordseo="vikram" source="Orion">Vikram</keyword> series of orbital class space launch vehicles, including many sub-systems and technologies that would be tested before lift-off and post-lift off phases of the launch. 'Fun-Sat', a 2.5 kgs payload belonging to Chennai-based aerospace startup Spacekidz, has been developed by students from India, the United States, Singapore and Indonesia. The 545 kg Vikram launch vehicle consists of the Vikram II and Vikram III series. The technology architecture of the launch vehicle offers unique capabilities like multi-orbit insertion and interplanetary missions while providing customised, dedicated and ride-share options covering a wide spectrum of small satellite customer needs, Skyroot Aerospace said. The company added the rockets can be assembled and launched within 24 hours from any launch site. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/sensex-makes-a-positive-opening-tracking-gains-in-the-asian-markets-paytm-lic-among-the-stocks-to-watch-out-for/articleshow/95593276.cms">Sensex makes a positive opening tracking gains in the Asian markets – Paytm, LIC among the stocks to watch out for</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/even-a-single-attack-is-one-too-many-pm-modi-at-anti-terror-conference/articleshow/95597270.cms">'Even a single attack is one too many': PM Modi at anti-terror conference</a>

Vikram-S marks "The Beginning" of private venture in Indian space programme with maiden success

<ul><li>The Indian Space Research Organisation (ISRO) budget is expected to increase by 35% in the coming year. </li><li>The influx of funds will also help bolster the activities of the private sector. </li><li>Just as ISRO is looking into more launches in the coming years, start-ups are also gearing up to enter the satellite launch market. </li></ul>The Indian Space Research Organisation (<a href="https://www.businessinsider.in/science/space/news/isros-nsil-completes-second-successful-launch-using-pslv-rockets/articleshow/72474132.cms">ISRO</a>) is expected to bolster ahead despite the <a href="https://www.businessinsider.in/chandrayaan-2-fails-in-the-final-seconds-of-descent-to-moons-south-pole/articleshow/71018196.cms">failed landing</a> of Chandrayaan 2 earlier this year. The agency’s budget is expected to increase by 35%, not only bolstering its own capabilities, but also facilitating the private sector. “We expect a steady increase in ISRO budget which can help even private sector players like SOIL in the longer run,” said ICICI Securities on its outlook for 2020. A budget, which <a href="https://www.businessinsider.in/indian-government-approves-10-billion-budget-for-two-of-its-space-programs/articleshow/64492363.cms">hit ₹10 billion</a> in 2018. ISRO budget has a multiplier effect on the economy where the benefits of working on rockets and satellites spill over to the private sector. Solar Industries India, for example, has invested ₹175 million in Sky Root — a start-up working to build small rockets. <div type="Article" hostid="261" msid="70375311" title="ISRO’s commercial operations clock in over ₹60 billion in revenue but leaves private players out of the equation" mstype="2" mssubtype="0"></div>

 Companies like Walchandnagar Industries, Godrej Space and L&amp;T are already working with ISRO to manufacture rocket sub-systems. And, many more are just waiting on the sidelines to come into the fold. Shifting towards the private sector In the future, ISRO disclosed plans of moving the entire development of its Polar Satellite Vehicle Launchers (PSLVs) to the private sector. “We will be fully supporting this activity; we will invest and create this capability,” <a href="https://www.thehindubusinessline.com/news/science/isro-ready-to-support-private-rocket-launching-companies/article29331986.ece#">S Somnath</a>, director of the Vikram Sarabhai Space Center told reporters. And, since ISRO has shown an interest in private participation — the industry has responded in kind, A Rajarajan, Director of the Satish Dhawan Space Center told <a href="https://www.business-standard.com/article/current-affairs/private-firms-keen-on-working-with-isro-for-manufacturing-rockets-official-119121601306_1.html">Business Standard</a>. This is not just for manufacturing different parts of a rocket which are then assembled at ISRO — but also for high energy material, like propellants, high explosives and others. Over the next 6 to 9 years, ISRO — along with its revamped commercial arm <a href="https://www.businessinsider.in/union-budget-2019-isros-new-commerical-arm-is-new-space-india-limited/articleshow/70086097.cms">New Space India Limited</a> — has planned 15,000 launches. A big part of which involves smaller but more frequent launches of satellites using the Small Satellite Launch Vehicle (<a href="https://www.businessinsider.in/isros-new-company-just-made-its-first-sale-to-an-american-firm-to-come-aboard-a-rocket-that-doesnt-exist-yet/articleshow/70588829.cms">SSLV</a>). <div type="Article" hostid="261" msid="70086097" title="India forms a new space company to sell ISRO’s space technology products" mstype="2" mssubtype="0"></div>

 ISRO isn’t the only one looking to edge into the satellite launch market which is — expected to grow to a $30 billion by 2026. Start-ups also want a piece of the pie. Companies like Agnikul Cosmos, Skyroot, and Bellatrix are already attempting to build small rockets. The potential of the <keyword id="7803428" type="UNKNOWN" weightage="20" keywordseo="Space-Activities-Bill">Space Activities Bill</keyword> Private companies can’t actually launch a satellite into space until the <a href="https://www.businessinsider.in/india-space-activities-bill-addresses-damage-in-outer-space/articleshow/69960212.cms">Space Activities Bill</a> becomes a law. The pending piece of legislation would allow India’s private sector to participate in the satellite launch market. It would regulate all ‘<a href="http://prsindia.org/sites/default/files/bill_files/Draft%20Space%20Activities%20Bill%202017.pdf">commercial space activity</a>’ — any space activity which generates or is capable of generating revenue or profit — with licenses. Since licenses act as a barrier to entry into the market, the bill has been <a href="https://www.orfonline.org/expert-speak/the-space-activities-bill-does-it-deliver-50019/">criticized</a> for not clarifying the eligibility criteria to apply for such a licence and how long it would take to process one. It is yet to be tabled in Parliament and has to be passed through both houses before it becomes a law. See also: <a href="https://www.businessinsider.in/science/space/news/isros-nsil-completes-second-successful-launch-using-pslv-rockets/articleshow/72474132.cms">ISRO's newly formed commercial arm completes second successful launch in less than a month</a> <a href="https://www.businessinsider.in/science/space/news/isro-has-its-hands-full-with-13-launches-and-the-launch-of-its-new-rocket-before-march/articleshow/72253562.cms">ISRO has its 'hands full' with 13 launches and the test of its new rocket before March</a> <a href="https://www.businessinsider.in/isros-new-company-just-made-its-first-sale-to-an-american-firm-to-come-aboard-a-rocket-that-doesnt-exist-yet/articleshow/70588829.cms">ISRO’s new company just made its first sale to an American firm to come aboard a rocket that doesn’t exist yet</a>

ISRO outlook 2020: Indian private sector eyes $30 billion space launch pie

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Vikram-S marks "The Beginning" of private venture in Indian space programme with maiden success

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ISRO outlook 2020: Indian private sector eyes $30 billion space launch pie

Prabhjote Gill

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