aerospace / news / / The Tribune
Hyderabad-based Skyroot Aerospace has emerged as India's first spacetech unicorn.
Skyroot Aerospace is India's first spacetech startup to achieve a unicorn valuation of USD 1.1 billion.
KEY POINTS
- Skyroot will use the funding to increase Vikram-1 launch frequency and accelerate Vikram-2 development.
- Vikram-1, set for India’s first private orbital rocket launch, features carbon composite construction and 3D-printed engines.
- Ram Shriram, a notable Google backer, will join Skyroot's board following the latest investment.
COMPANIES
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