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ISRO reaches new milestone, successfully lands Pushpak reusable launch vehicle

Money ControlMoney Control · 1y ago
ISRO reaches new milestone, successfully lands Pushpak reusable launch vehicle
Medial

The Indian Space Research Organisation (ISRO) has achieved a major breakthrough in reusable launch vehicle (RLV) technology with the successful completion of the RLV LEX-02 landing experiment. The RLV, named Pushpak, autonomously navigated towards the runway and landed using its brake parachute, landing gear brakes, and nose wheel steering system. This achievement demonstrates significant progress towards developing autonomous landing capabilities for space vehicles. The success of the experiment also validates the indigenous technologies developed by ISRO for navigation, control systems, landing gear, and deceleration systems. The mission was conducted in collaboration with the Vikram Sarabhai Space Centre (VSSC), the Liquid Propulsion System Centre (LPSC), and the ISRO Inertial Systems Unit (IISU).

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Spacetech startup Ethereal Exploration Guild raises $20.5 Mn in Series A round

EntrackrEntrackr · 4d ago
Spacetech startup Ethereal Exploration Guild raises $20.5 Mn in Series A round
Medial

Spacetech startup Ethereal Exploration Guild raises $20.5 Mn in Series A round Space technology company Ethereal Exploration Guild (EtherealX) has raised $20.5 million in Series A funding round co-led by TDK Ventures and BIG Capital, with participation from Accel, Prosus, YourNest Venture Capital, BlueHill Capital, Campus Fund, and Riceberg Ventures. The proceeds will be used to develop a first fully reusable medium-lift launch vehicle, the Razor Crest Mk-1. Co-founded in 2022 by Manu J. Nair, Shubhayu Sardar, and Prashanth Sharma, EtherealX aims to take on SpaceX with a medium-lift launch vehicle called Razor Crest Mk-1. The rocket, designed to be fully reusable, is expected to place up to eight tonnes into low Earth orbit and will also be capable of delivering payloads to geostationary transfer and trans-lunar injection orbits. According to the Bengaluru-based startup, it is currently building a fully reusable medium-lift (25-tonne) launch vehicle. Razor Crest Mk-1 – the medium-lift fully reusable launch vehicle under development, can carry up to 24.8 tons into Lower Earth Orbit (LEO) and up to 10.8 tons into the Geosynchronous Transfer Orbit (GTO). Ethereal aspires to disrupt the launch market by lowering orbital transport costs to a target range of $500–$1,000 per kilogram. The startup uses in-house simulation tools and test infrastructure, which together contribute to better overall vehicle reusability and shorter development cycles. The company claims to have manufactured its 80kN upper-stage reusable engine (Pegasus) and has signed collaboration agreements with the Indian National Space Promotion and Authorization Centre (IN-SPACe), ISRO, and other national space agencies, as well as commercial satellite operators, launch aggregators, and launch ports globally.

Astrophel Aerospace raises Rs 6.84 Cr in pre-seed round

EntrackrEntrackr · 6m ago
Astrophel Aerospace raises Rs 6.84 Cr in pre-seed round
Medial

Snippets Astrophel Aerospace raises Rs 6.84 Cr in pre-seed round Deep-tech space startup Astrophel Aerospace has raised Rs 6.84 crore (around $800K) in a pre-seed funding round from a group of angel investors and venture firms. The Pune-based startup will use the funds to build a prototype of its reusable semi-cryogenic launch vehicle and to expand in-house R&D efforts focused on building advanced missile-grade guidance and propulsion systems. Founded in 2022 by Suyash Bafna, Astrophel Aerospace is building cost-effective, reusable launch vehicles specifically tailored for small satellites. It operates on a vertically integrated model designing, engineering, and testing propulsion systems in-house. The firm’s Astra C1 series rockets are powered by in-house developed semi-cryogenic engines and built using a combination of 3D printing and modular assembly. Astrophel claims to be among a limited number of Indian private companies to have successfully test-fired a semi-cryogenic engine, and achieved this with just Rs 6 lakh in internal resources and no external funding before this round. It is now aiming for a working, reusable prototype within the next 2–3 years. The startup is building its flagship Potentia C1U engine using modular design and manufacturing principles adapted from the automotive sector. Astrophel has also signed an MoU with ISRO to support co-development and testing. In India, its key competitors include Skyroot Aerospace, Agnikul Cosmos, Bellatrix Aerospace and Pixxel among others.

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