India’s first private rocket company looks to slash satellite costs

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Backed by Singapore’s sovereign wealth fund GIC, Skyroot is aiming to put a satellite into orbit in 2023 at half the prevailing costs. Read more at straitstimes.com.

BENGALURU - The start-up behind India’s first private space launch plans to put a satellite into orbit in 2023 and expects to be able to do so at half the cost of established aerospace companies.

Skyroot faces both established and up-and-coming rocket launch rivals that also promise to bring down costs. In China, startup Galactic Energy put five satellites into orbit last week in its fourth successful launch. “Most of these customers have been building constellations and will be launching them in the next five years,” he said.

India opened the door to private space companies in 2020 with a regulatory overhaul and a new agency to boost private-sector launches. The Skyroot rocket that reached an altitude of 89.5km in last week’s test launch used carbon-fibre components and 3D-printed parts, including the thrusters. That boosted efficiency by 30 per cent, cutting weight and procurement costs. But it meant Skryoot engineers had to write the machine code for vendors who fabricated the rocket because few had experience working with carbon fibre.

 

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