Skyroot’s Vikram-1: India’s First Private Rocket Ready For 2024 Launch

Skyroot Aerospace, a startup based in Hyderabad, is set to take a big step in the Indian space industry. They are planning to launch their first rocket, named Vikram-1, into space in early 2024. This rocket can carry up to 300 kg of stuff, like satellites, and place them in a lower orbit around Earth.

The entire body of Vikram-1 is crafted from carbon fiber, which is a strong yet lightweight material. It also uses engines that are 3D-printed. The company is using advanced technology to build rockets that are both reliable and affordable. 

The first flight of Vikram-1 will have some commercial aspects, but the real business will start after a few more test flights in the next one and a half years.

Skyroot Aerospace was founded by two former scientists from ISRO, India’s space agency, in 2018. They have already got a lot of money to help them achieve their goals. To be precise, they have raised 526 crore rupees. 

The company also recently opened a huge new facility for making rockets. This facility is spread over 60,000 square feet and is near the RG International Airport in Hyderabad. Around 300 people can work there. 

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It’s the largest private rocket-making place in India. It’s a sign that the country’s space industry is growing and can attract big money. Experts think that by 2040, India’s space sector could be worth $40 billion. 

Skyroot is playing a big role in this by aiming to provide cheap and reliable rockets. Their efforts could also inspire young people in India to aim for careers in space technology.