Skyroot Aerospace targets Vikram launch in a year, raises $11m

News Today 21.05.2021

Private sector rocket maker Skyroot Aerospace has raised $11 million recently from a clutch of investors and is targeting a launch to orbit for its Vikram-1 rocket in 12 months, said a top company official. The full scale solid fuel stage will be tested at ISRO’s rocket port in Sriharikota in Andhra Pradesh, Chandana had told IANS earlier. Skyroot has signed an agreement with Indian Space Research Organisation (ISRO) to use the latter’s facilities in its rocket development, testing and qualifying the rocket. (Read More)

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