# IIT-Chennai incubated Agnikul demonstrated a sub-orbital rocket launch last year.

*aerospace · news · 2025-11-22 · Free Press Journal*

## Key points

- Agnikul Cosmos raised Rs 150 crore at a valuation exceeding $500 million for reusable launch vehicles.
- Agnikul is developing a recoverable lower stage and recently patented a reusable upper stage architecture.
- Funds will help build an integrated space campus on 350 acres provided by the Tamil Nadu government.
- Agnikul's new metal additive manufacturing unit will enable 3D printing of multiple rocket subsystems.

**Companies:** Agnikul Cosmos
**Countries:** India, Australia

[Read the full story on Free Press Journal](https://www.freepressjournal.in/business/space-startup-agnikul-cosmos-raises-150-crore-in-fresh-funding-round-at-half-a-billion-dollar-valuation-funds-to-be-directed-to-building-reusable-launch-vehicles)

---

Canonical: https://newsio.io/n/b80d143e-c34e-4ab1-b6da-00c2fa9e8b42/iit-chennai-incubated-agnikul-demonstrated-a-sub-orbital-rocket-launch-last-year
Summarized by Newsio from Free Press Journal. https://newsio.io/how-it-works