2022-11-24 15:11:18

Indian startups join the space race

Logo The Economist
The Economist
By The Economist

The flight, a 90km sub-orbital jaunt, was over in minutes. But for India the rocket launched by Skyroot Aerospace on November 18th, the first by a private company in the country, was a moonshot. Numerous other flights in the coming months will signal an industry ready for take-off.

Satellites built by two Indian companies are set to be sent into space on November 26th, carried on a rocket launched by Indias space agency. The one made by Pixxel, a Bangalore-based startup, is intended to be the first of dozens that will provide detailed images of Earth. Two manufactured by Dhruva Space from Hyderabad will serve to demonstrate to potential customers that it can make, deploy and operate satellites successfully. A second private rocket launch by Agnikul Cosmos is set for December.

Indias involvement in space is not new. Rockets were first sent up in the early 1960s, satellite launches began in 1975 and a probe went to the moon in 2008 . A reputation for low-cost space research was cemented in 2013 when another probe was dispatched to Mars for less than the budget of a Hollywood film about a doomed space mission released around the same time. But India is no superpower. Revenues from the space economy are currently estimated to be nearly $10bn a year, only around 2% of the global total.

Continue read on economist.com

Logo Bloomberg
TechnologyBy Ragini Saxena2022-11-18 06:46:39
India launched its first rocket developed by a startup into space on Friday, with the aim of testing the company’s technology that will be used to design...

Logo The Wall Street Journal
TechnologyBy Shan Li2022-11-18 13:30:00
Event marks a step in the countrys push to develop a commercial space industry

Logo Channel NewsAsia
Business / FinanceBy Cna2022-11-18 06:22:20
Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide Best News Website or Mobile Service Digital Media Awards Worldwide BENGALURU :...

Logo CNN
Business / FinanceBy Swati Gupta2022-11-18 08:36:36
New Delhi CNN Busines — Indian startup Skyroot Aerospace launched the countrys first privately developed rocket, Vikram-S, into space on Friday with support...

Logo Channel NewsAsia
Business / FinanceBy Cna2022-11-18 06:22:00
Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide Best News Website or Mobile Service Digital Media Awards Worldwide BENGALURU:...

Logo BBC
World2022-11-18 00:18:09
By Arunoday Mukharji BBC News, Delhi We started with a leap of faith. That's what Naga Bharath Daka says when asked about Skyroot Aerospace, the Indian...

Logo CNBC
Business / FinanceBy Michael Sheetz2022-10-27 16:43:16
An Electron rocket launches from New Zealand on Aug. 4, 2022. Rocket Lab CNBC's Investing in Space newsletter offers a v iew into the business of space...

Logo EIN Presswire
HALO Space has completed the first assembly of its prototype capsule in Spain and will carry out its first test flight in India December. We are working...

Logo PR Newswire
EconomyPress Release2022-11-08 08:40:00
NEW YORK, Nov. 8, 2022 /PRNewswire/ -- The " Satellite Manufacturing and Launch Market by Application, Product and Geography - Forecast and Analysis...

Logo Channel NewsAsia
Business / FinanceBy Cna2022-10-31 15:59:46
Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide Best News Website or Mobile Service Digital Media Awards Worldwide WASHINGTON :...

Logo Channel NewsAsia
Business / FinanceBy Cna2022-10-31 15:59:46
Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide Best News Website or Mobile Service Digital Media Awards Worldwide WASHINGTON...

Logo U.S. News & World Report
PoliticsBy Associated Press2022-11-22 12:41:16
PARIS (AP) France, Germany and Italy announced an agreement Tuesday for a new-generation European space launcher project as part of apparent efforts to...

Logo PR Newswire
EconomyPress Release2022-11-16 08:57:00
KENNEDY SPACE CENTER, Fla., Nov. 16, 2022 /PRNewswire/ -- NASA's Space Launch System rocket, powered by the Boeing [NYSE: BA] -built core stage, lifted off...

Logo The Business Journals
Business / Finance2022-11-14 15:21:35
A startup's small spacecraft become the first CubeSat to reach lunar orbit weeks after a hiccup sent it spinning uncontrollably.

Logo Channel NewsAsia
Business / FinanceBy Cna2022-10-31 11:05:42
Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide Best News Website or Mobile Service Digital Media Awards Worldwide (Reuters) -...

Logo Bloomberg
TechnologyBy Min Jeong Lee2022-10-31 09:00:00
An intensifying US-China space rivalry and Elon Musk’s ambitious Mars program have fired up scores of startups across the world chasing lucrative contracts,...

Logo Bloomberg
TechnologyBy Ania Nussbaum2022-11-21 05:00:00
Germany is ready to back the development of a new generation of French-built space launchers better able to compete with the latest rockets from Elon Musk’s...

Logo PR Newswire
TechnologyPress Release2022-11-02 13:30:00
Rise in technical innovation, development of automation technologies, and lower launch costs have boosted the growth of the global satellite manufacturing...

Logo BBC
World2022-10-28 05:56:11
India's Tata group is set to begin making military aircrafts in the country in a first such project by a local private company. Tata and Airbus will make...

Logo The Wall Street Journal
TechnologyBy Micah Maidenberg2022-11-16 13:51:00
NASA officials say moon rocket has performed well so far during its inaugural test flight