With Skyroot at the head of the class, India's private space industry seeks to take off
After decades of controlling all aspects of spaceflight, the Indian government decided in 2020 to open things up to private industry. Essentially, the government said, companies could build their own rockets, obtain permission to launch them, and even use state-operated facilities.
The government and the country’s space agency, ISRO, instituted this change in response to the rise of commercial space industries in the United States, and later China, that were playing an increasingly important role in global spaceflight.
Now, six years later, this structural shift is beginning to bear some fruit. The most promising Indian launch company, Skyroot Aerospace, is nearing the pad with its first orbital rocket.
The Vikram-1 launch vehicle could take flight within the next couple of months, its cofounder and chief executive officer, Pawan Kumar Chandana, told Ars in an interview. And with a recent $60 million fundraising round valuing the firm at $1.1 billion, the...
Copyright of this story solely belongs to arstechnica.com. To see the full text click HERE