AGNIKUL COSMOS
Govt selects 19 fund managers under RDI, committing Rs 7,131 crore
The government's Research, Development and Innovation Fund (RDIF) has approved its first cohort of 19 second-level fund managers with a total commitment of Rs 7,131 crore, marking a key step towards mobilising private investment in research and development and emerging technologies.
Tech Development Board pauses R&D funding citing flood of proposals, denies cash crunch
TDB's official status report through April 2026 shows it had received 124 project proposals under the scheme, reviewed 51 and approved 22. Another 73 were listed as under review. The board received 35 proposals in February, 62 in March and 27 in April.
Orbital Shift: India's space sector undergoing biggest transformation; pvt firms handle rockets, ISRO focus on more ambitious missions
India's space sector is undergoing significant changes as private companies engage in rocket production and management. The Indian Space Research Organisation is shifting its focus towards more ambitious missions and projects. This transition follows the introduction of the Indian Space Policy 2023, which emphasizes private sector participation. Concerns have been raised by ISRO employees regarding the agency's future and potential loss of capabilities.
Japan emerges as a new market for Indian spacetech startups
Startups such as Digantara Industries, Bellatrix Aerospace, Xovian Aerospace, SatNxt, and Manastu Space are seeing growing interest from Japanese companies as the country looks to grow its space and defence capabilities.
India’s space economy may grow 5x to $45 billion by 2030. Who is leading the boom?
India’s private space sector is shifting from prototypes to commercial operations, with the government targeting a fivefold expansion of the space economy to $40–45 billion by 2030. The startup ecosystem has grown to over 400 companies, with Skyroot Aerospace, Pixxel, Agnikul Cosmos and Digantara emerging as key private players.
Agnikul’s 'Agnite' test marks breakthrough in 3D-printed rocket engines
Agnikul Cosmos, an Indian space startup, has achieved a major milestone. They successfully test-fired Agnite, the world's largest single-piece 3D-printed booster engine. This innovation drastically cuts rocket manufacturing time from months to just seven days. This development promises faster launch readiness, potentially reducing wait times from years to days. This is crucial for sectors like defense and disaster management.
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Spacetech startup Agnikul Cosmos 3D prints booster engine in 7 days; eyes up to 30 launches a year
With this process, production timelines have been cut by as much as 90-97% while improving repeatability and reducing failure points. The company is in talks with several satellite operators, the company said.
Tamil Nadu govt invests Rs 25 crore in space startup Agnikul Cosmos
The latest investment would help accelerate Agnikul's operational readiness, supporting the scaling of its aerospace manufacturing capabilities, advancing its stage recovery program, and strengthening the development of its integrated space campus on the 300 acres allocated by the Tamil Nadu government near Kulasekharapatnam.
How Agnikul’s space-based AI data centre will operate
Indian space company Agnikul Cosmos plans to launch an AI data centre prototype in orbit by the end of this year. Developed with NeevCloud, this innovative data centre will focus on AI inference. Commercial operations are targeted for 2027. The system will utilize a constellation of rocket upper stages in low Earth orbit, leveraging solar energy and efficient cooling.
Spacetech startup Agnikul Cosmos raises $17 million at $500 million valuation
The funds, which came from family offices and institutional backers, including Advenza Global Limited, Atharva Green Ecotech LLP, HDFC Bank, Artha Select Fund, Prathithi Ventures, and 100X.VC, will be used to scale production of aerospace and rocket components, push forward Agnikul’s stage-recovery programme, and set up an integrated space campus on the 350 acres of land allocated by the Tamil Nadu government.
Agnikul unveils plans to build fully-resusable rockets
Chennai-based space startup Agnikul Cosmos announced at the International Astronautical Congress in Sydney that its future rockets will be fully reusable, aiming to offer globally competitive satellite-launch services. The company emphasised that no part of its rockets will be discarded, following last year’s sub-orbital test of it 3D-printed rocket Agnibaan SOrTeD.
Agnikul opens large-format additive manufacturing facility
Agnikul Cosmos has launched India’s first additive manufacturing facility for aerospace and rocket systems. This facility offers a complete process from design to finishing, improving quality and reducing space manufacturing costs by 50%. It can 3D print rocket parts up to one metre tall, enhancing precision and reliability.
Agnikul ignites India’s first electric motor-driven semi-cryogenic rocket engine
The spacetech startup’s cofounder and CEO shared a video of the engine being throttled to different levels of thrust. Electric motor-driven throttling helps with higher accuracy and rapid response, and this test is a major milestone towards firing a cluster of engines together, he wrote in a social media post.
Saraniya Periaswamy: From dreaming about oceans in Port Blair to building rockets for Agnikul
Saraniya Periaswamy, a young engineer at Agnikul Cosmos, navigated a challenging learning curve from dreaming of ocean studies in Port Blair to leading the development of the 3-D printed launch vehicle, Agnibaan SOrTeD. Overcoming setbacks, she successfully launched the technology demonstrator and is now working on an orbital rocket. Saraniya highlights the importance of diverse engineering backgrounds in the space industry, encouraging young enthusiasts to pursue their goals with determination.
Agnikul test launches world’s first rocket with 3D printed engine
Agnikul official statement said, the vehicle was completely designed in-house and was powered by the world's first single piece 3D printed engine which is also India's first flight with a semicryo engine. The mission was successful after four failed attempts.
After four failed attempts, space startup Agnikul Cosmos carries out successful sub-orbital launch of Agnibaan rocket
Chennai-based space start-up Agnikul Cosmos achieved a significant milestone on Thursday by conducting a successful sub-orbital test-flight of its domestically manufactured 3D-printed semi-cryogenic rocket, named Agnibaan, from its launch pad at Sriharikota. This accomplishment marks Agnikul Cosmos as the second private entity in India to achieve such a feat, following in the footsteps of Skyroot Aerospace, which launched the Vikram S in November 2022.
Agnikul Cosmos flies world’s first rocket with single-piece 3D printed rocket engine. Check first video of launch here
Following multiple unsuccessful attempts, space startup Agnikul Cosmos achieved a significant breakthrough on Thursday. They successfully conducted a sub-orbital test-flight of their in-house developed 3D-printed semi-cryogenic rocket named Agnibaan. This milestone was accomplished from their dedicated launch pad at Sriharikota, marking Agnikul Cosmos as the second private entity in India to achieve this feat.
India's space regulator release plans for 30 launches over next 14 months
India's space regulator IN-SPACe revealed plans for about 30 space launches in the fourth quarter of 2023-24 and the next fiscal year. The launches include private startups Skyroot and Agnikul, contributing to the Integrated Launch Manifesto. Key missions involve Gaganyaan, SSLV, PSLV, GSLV, and launches by startups like Agnikul Cosmos and Digantara Research & Technology. The schedule indicates a significant surge in space activities, including tests and commercial missions.
Skyroot raises $27.5 mln, heating up India's private sector space race
Hyderabad based-Skyroot Aerospace has raised $27.5 million in a fresh round of funding led by Singapore's Temasek, upping the ante in the country's burgeoning space industry days after rival Agnikul Cosmos raised a similar amount. The company launched India's first private rocket in 2022 and is set to launch its second commercial rocket, the Vikram-I, next year.
Space-tech startup Agnikul Cosmos raises over $26 million from Celesta Capital, Rocketship
The firm did not disclose the valuation at which it raised the capital, but cofounder and chief executive Srinath Ravichandran said it was higher than the valuation assigned to the firm in the previous fundraising rounds, without giving further details.
Chennai-based Agnikul prepares for maiden sub-orbital flight of Agnibaan rocket
Chennai-based Agnikul Cosmos is preparing for the sub-orbital test flight of its 3D-printed rocket Agnibaan SubOrbital Technological Demonstrator (SOrTeD) from its launch pad at Sriharikota. The single-stage rocket is powered by an Agnilet semi-cryogenic engine that was integrated with Agnikul's launch pad earlier this week. The rocket will serve as a validation of the company's autopilot, navigation and guidance algorithms, according to Srinath Ravichandran, co-founder and CEO.
Agnikul Cosmos starts its first launchpad & mission control center at Sriharikota
The facility was designed by Agnikul, a Chennai-based start-up which was incubated at the Indian Institute of Technology, Madras (IIT Madras). The project was executed in support of ISRO and IN-SPACe. It has two sections - the Agnikul launchpad (ALP) and the Agnikul mission control center (AMCC).
In a first, ISRO supplies rocket system to support a private launch vehicle
"The official handing over event happened marking the culmination of multiple rounds of interactions about interfacing, handling and using these systems on Agnikul's launch vehicle 'Agnibaan', the national space agency headquartered here said in a statement on Friday.
Agnikul to launch Agnibaan rocket before 2022
Private sector rocket maker Agnikul Cosmos is pushing itself hard to have its first test launch before the end of 2022, said a top official.
Space tech startup, Agnikul unveils locally manufactured rocket engine in Dubai
Agnilet is the world's first single-piece 3D printed engine fully designed and manufactured in India, and was test-fired in early 2021 by Agnikul.
India set to witness its SpaceX moment soon: Agnikul CEO
Last month, Chennai-based Agnikul Cosmos received the nod by the Department of Space to carry out multiple tests and qualify its single piece 3D-printed semi-cryogenic engine and other systems of its rocket at various ISRO centres.
Skyroot Aerospace first spacetech startup to formally sign up with ISRO
Skyroot Aerospace has entered into an agreement with Indian Space Research Organisation (ISRO) to use its expertise and access facilities to test and qualify its small rocket ahead of launch next year.
Anand Mahindra backs space startup Agnikul Cosmos
Agnikul Cosmos, a space startup incubated at IIT Madras, is building a small rocket that can launch 100 kg satellites into low earth orbit.
Isro to help Agnikul with tech support to build its small rocket
Agnikul signed a non disclosure agreement with the Department of Space that will allow it to access Indian Space Research Organisation (Isro) facilities and technical expertise to build its rocket.
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