Indian Aerospace startups are making noise for all the suitable causes. Agnikul, a Chennai primarily based startup, not too long ago raised a fairly strong series-B funding for his or her mission to 3D print a rocket and launch it to lower-Earth orbit. The rocket has been named Agnibaan
India’s Aerospace startups are making a wave all world wide, and for good purpose. For instance, a Chennai-based startup plans to 3D print an area craft and launch it to the decrease Earth orbit in just a few days.
Agnikul, a promising area expertise startup hailing from Chennai, has efficiently secured a powerful $26.7 million in Sequence-B funding. This substantial funding is ready to propel the corporate towards the event of its proprietary launch automobile and modern 3D-printed rocket engine. With this newest monetary injection, the startup has now amassed a grand complete of $40 million in capital.
On the core of this enterprise’s formidable plans is the creation of “Agnibaan,” a small satellite tv for pc launch automobile engineered to move payloads weighing as much as 100 kilograms right into a low-Earth orbit. This marks a major leap within the personal area trade.
The Agnibaan rocket, aptly named after the Sanskrit phrase for “arrow of fire,” will probably be outfitted with the cutting-edge “Agnilet” engine. This engine is notably characterised as “semi-cryogenic” and employs a novel mixture of liquid kerosene at room temperature and supercold liquid oxygen to propel the launch automobile into the huge expanse of area.
Agnikul disclosed that it initiated the combination course of for its “Agnibaan SOrTed” (SubOrbital Technological Demonstrator) in August of the present 12 months. The intricate integration operations are presently underway on the firm’s specialised facility located on the Satish Dhawan House Centre (SDSC) SHAR, nestled throughout the coastal city of Sriharikota.
Notably, the Agnikul launchpad and the Agnikul mission management centre is strategically positioned roughly 4 kilometres aside, and collectively represent India’s maiden personal launch facility. This historic area hub was formally inaugurated on November 28 of the earlier 12 months by the esteemed Chairman of the Indian House Analysis Organisation (ISRO), Mr. S. Somanath.
The current injection of capital marks a major milestone for Agnikul, signifying the resolute progress towards reaching its imaginative and prescient of revolutionizing the area launch trade. With Agnibaan and Agnilet within the works, this Chennai-based startup is poised to make an enduring impression on the way forward for area exploration.