Believe me, it’s not... • 1y
Who would've thought that you can send a rocket to space with a 3D-printed engine! Three weeks back, Agnikul showed it could happen soon. ⏭️Total Funding: $58.6 M, Last raise - Series B : $26.7 M ⏩Lead Investors: Rocketship VC, Pi Ventures, Mayfield Reaching space economically is challenging - - High Costs of ~$40,000 per kg payload. - Companies share rockets to cut costs; the first to book the rocket, sets the launch path and date. - Engine manufacturing and assembly are time-consuming. Agnikul solves this with ⤵️ - 3D printed rocket-engine (single-shot, one-piece component) - No assembly required - Affordable, on-demand services - Launching satellites as light as 30 kg Globally, the space market is estimated at $400 B, of which India currently holds ~2% ($8.4 B). GOI's Major Move: India's New Space Policy (2023) now allows up to 100% Foreign Direct Investment (FDI). 🔼Space startups in India have skyrocketed from 1 in 2022, to nearly 200.
Keen Learner and Exp... • 1y
Agnikul Cosmos, is an Indian aerospace startup founded in 2017 and incubated at the Indian Institute of Technology Madras. This company is focused in the development of small-lift launch vehicles, focusing on the use of 3D printing technology for roc
See MoreFinding my self 😶�... • 6m
_30 dec startup news _ - Funding Updates : Seven Indian startups raised approximately $29 million this week, with notable contributions from GoMechanic among others . - Zomato's Milestone. : Zomato became the first Indian new-age tech company to e
See MoreHey I am on Medial • 1y
🤯🔥 In England, a rocket engine invented by AI has been successfully tested. The neural network generated a strange design resembling some alien vase, but it worked on the first try — the engine with a power of 5 kN developed a thrust of 20,000 hor
See MoreBelieve me, it’s not... • 5m
The health-focused food space has seen a noticeable uptick in activity. In the past few months - - WickedGud raised ₹20 Cr from Orios VP (healthy alt's for pasta/noodles/chips) - Troo Good raised $9 M from Puro Wellness, Oaks, V Ocean Inv. (offers m
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