aerospace / news / / Business Insider India
Skyroot Aerospace, a four-year-old space tech startup, has raised $51 million in a Series-B financing round.
Skyroot raised $51 million in Series-B, the largest funding round in Indian space-tech.
KEY POINTS
- The round was led by Singapore's GIC, and GIC's Mayank Rawat joins Skyroot's board.
- Skyroot is developing Vikram Series, India's first privately built launch vehicles with all-carbon-fibre structures.
- Skyroot is the first startup to sign an MoU with ISRO for facility and expertise sharing.
- Skyroot has begun booking payload slots, targeting commercial satellite launches within a year.
COMPANIES
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