This IIT Madras-Based Space Tech Startup Aims to Revolutionize the Indian Space Sector

Nov. 13, 2021

In fact, Ravichandran says that India will soon have its own SpaceX as the current environment in India is favorable to space startups and many are raising investments. Speaking of Agnikul’s achievements in the field, Ravichandran highlighted that they have recentlysigned an MoU (Memorandum of Understanding) with the Indian Space Research Organization (ISRO), which is a first in India.

Agnikul has also raised $15 million in funding over the past three years and has signed various deals, including one with US-based Alaska Aerospace Corporation. Currently, the company is expanding its vendor database to maintain the supply of components to develop the Agnibaan rocket.

The MoU with ISRO will enable Agnikul Cosmos to work with the Indian Space Research Organization and access their infrastructure for testing subsystems such as engines and avionics packages, as per Ravichandran. Moreover,ISRO will also help the company develop its Agnibaan launch rocketthat is designed to carry up to 100kg of small satellites.

So, Agnikul Cosmos is paving the way for other space tech startups in India, making cost-effective space technologies for organizations. We would recommend youcheck out the entire interview withGadgets360to know about the entire journey of the company, and a few other interesting tidbits.

A geek at heart, you’ll find me fidgeting with an iOS device or sitting in front of the laptop, scouring the internet to find interesting technological innovations. In my free time, you’d find me playing Valorant or listening to Pink Floyd.