Skyroot Aerospace, India’s first private space-tech company to successfully launch a rocket, has become a beacon of innovation in the country’s burgeoning space economy. From its humble beginnings to testing advanced rocket stages, Skyroot has redefined India’s role in global commercial space launch services. With the Vikram series of rockets, bold funding moves, and a resilient business strategy, the company is gearing up to revolutionize space accessibility.
Skyroot was founded in 2018 by former ISRO scientists Pawan Kumar Chandana and Naga Bharath Daka. Their ISRO experience laid the foundation for a technically sound and agile organization. Their leadership blends engineering brilliance with entrepreneurial vision [1].
Skyroot made history on November 18, 2022, by launching Vikram-S, the first privately built rocket from India, from Sriharikota [2]. This marked a turning point for India’s private aerospace industry. In 2024 and 2025, the company successfully tested multiple stages of its upcoming Vikram-1 rocket [3], positioning itself for an orbital launch.
Skyroot provides space launch services for small satellites, with a business model centered on:
Skyroot earns revenue through:
Skyroot's strategy involves:
Skyroot has raised over $95 million, including a $27.5 million round in 2023 led by Temasek Holdings. Key investors include:
This makes Skyroot the highest-funded Indian spacetech startup as of 2024.
Skyroot Aerospace is blazing a trail in the global space economy with innovative technology, visionary founders, and strategic investments. Their focus on agility, affordability, and ambition positions them as a serious player among global launch service providers—and a symbol of India’s new space age.
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