The space sector has been a significant success story for Indian startups where tech players utilize their skills and knowledge to develop solutions that not only to make India self-sufficient, but rather also a global leader.
Private participation is a must to realize this growth potential, so India has taken up measures that enable the private sector to participate or undertake activities like building/developing rockets and satellites, providing launching services, and owning satellites.
These reforms will be implemented by a new nodal agency, the Indian National Space Promotion and Authorisation Centre (IN-SPACe). ISRO’s commercial activities will be delegated to government-owned units—New Space India Ltd. (NSIL) and Antrix, leaving the organization to focus on R&D, scientific missions and space exploration.
Agnikul Cosmos was founded on the idea that getting to space should not be the most challenging part of being a space-faring species. They enable quick and affordable space access through their launch on-demand vehicle: Agniban. Agniban can carry 30-300 kgs to low earth orbit.
At Agnikul, they are building a launch-on-demand orbital-class rocket that can carry 100kgs to Low Earth Orbit. Their rocket - Agnibaan - is a two stage launch vehicle powered by semi-cryogenic engines driven by electric motors. They plan to make a rocket that is entirely configurable according to the customer's needs. Since their rockets are built specifically for each customer, they offer a significant degree of flexibility in costing & time-to-launch for small satellites.
"We are super excited to announce our official partnership with Agnikul to support on-demand access to space, adding value by providing our ground segment support and enabling a turn-key launch service"
“Proud of your efforts and innovative zeal. Such work is what will make India a leader in the space sector”
The startup is the first company in the country to sign an agreement with ISRO under IN-SPACe and was directly congratulated by the Honourable PM of the country.
| Name of Startup | Category | City | State |
|---|---|---|---|
| xovian aerospace private limited | Space Craft Technologies | Bengaluru | Karnataka |
| symbosim simulations private limited | Space Craft Technologies | Bengaluru | Karnataka |
| vasundharaa geo technologies private limited | Space Based Applications | Pune | Maharashtra |