SRINATH RAVICHANDRAN
IN-SPACe re-entry rules expose insurance crunch
The guidelines, issued by the Indian National Space Promotion and Authorisation Centre (IN-SPACe) on July 23, cover planned re-entry missions involving objects such as reusable launch vehicles and satellites being returned to Earth, or decommissioned.
Agnikul, Finnish ICEYE in pact to build sovereign SAR satellites
The partnership aims to create an ecosystem where satellites can be manufactured in India using ICEYE’s SAR technology and deployed on Agnikul’s launch vehicles, reducing dependence on foreign launch schedules for space missions.
Monetise idle household gold, ease compliance burden to build Viksit Bharat: Kotak MF's Nilesh Shah
Nilesh Shah of Kotak Mutual Fund suggests India must unlock its vast household gold reserves. He also calls for easing business regulations. These steps are crucial for India's development. He highlighted significant gold imports and the potential of gold financing. Entrepreneurs are driving innovation despite challenges. Support for businesses is vital for global competition.
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.
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.
Agnikul, NeevCloud to launch India’s first orbital AI data centre platform
Indian space startup AgniKul Cosmos and cloud firm NeevCloud plan to launch an AI-focused data centre in low-earth orbit, with a proof-of-concept mission this year and commercial operations by 2027. The project could make India a leader in space-based AI infrastructure. It will host NeevCloud’s systems on AgniKul’s extended upper stage.
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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 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.
Agnikul to go commerical early next year, aims 25 launches in a year
Given the evolving market for small satellite launch vehicles, the company plans to scale its operations to support around 25 launches per year using its mobile launchpad Dhanush at Indian Space Research Organization (ISRO) facilities and become a significant player in this market.
Agnikul eyes launching satellites by 2025: CEO Srinath Ravichandran
Agnikul's first test flight of Agnibaan SOrTeD (suborbital technology demonstrator) on May 30, which lasted for 66 seconds, came after four unsuccessful attempts.
Agnikul eyes to launch satellites by 2025: CEO Ravichandran
"Nine to 12 months I would say. Probably by the end of this financial year or the early part of the next financial year is what we are targeting," Ravichandran said when asked about the commercial orbital launch of the Agnibaan rocket.
Space startup Agnikul Cosmos calls off maiden rocket launch for a fourth time
India's Agnikul Cosmos delayed the Agnibaan rocket launch to test igniter performance. The rocket can carry 300 kg to orbits 700 km high. Skyroot launched India's first privately developed rocket in 2022 from ISRO's site.
Finance ministry notifies FDI in space sector; gives better access to capital, say startups
The cabinet on February 21 had allowed 74% foreign direct investment (FDI) under automatic route for satellite manufacturing, upto 49% under automatic route for launch vehicles, and upto 100% under automatic route for manufacturing of components and systems.
Spacetech startup Agnikul registers revenue of Rs 2.9 crore, losses jump to Rs 20 crore for FY23
Agnikul designs, develops and tests propulsion systems and other such satellite launch vehicle-related structures as well as the software that helps suborbital, orbital and deep space launches of lightweight and heavy payloads satellites.
Space-tech startup Agnikul to flight test 3D-printed engine by year-end
If successful, the startup incubated on the Indian Institute of Technology, Madras campus, will become India’s second private company to make a small satellite launch vehicle. The first one was Skyroot Aersospace, which launched the Vikram S in November 2022.
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).
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 gets patent for single-piece 3D printed rocket engine
The company said Agnilet has just one hardware, with no assembled parts. Agnikul showcased the single-piece rocket at the International Aeronautical Congress last year.
Space tech startup Agnikul opens India's first rocket engine factory in Chennai
he 10,000-square-foot facility is located at IIT-Madras Research Park. It will have a 400mm x 400mm x 400mm metal 3D-printer from EOS that will enable end-to-end manufacturing of a rocket engine under one roof
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.
ETSA Alumni: Where are they now?
The previous winners of the ET Startup Awards (ETSA) have stood out in a crowded startup ecosystem and gone on to become successful businesses. We look at a few of them from previous editions of the awards.
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.
ET Startup Awards 2020: Top Innovator Agnikul is ready to soar, above and beyond
The startup won, not only for innovation, but also for its potential to push self-reliance in space.
5 ways to deal with employees who resist change
ET lists out ways organisations can deal with employees who resist change.
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