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 😶�... • 9m
_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 MoreTech guy with a busi... • 20d
In the 1900s, only a few thousand cars were built each year, hand made for the wealthy. By the 1920s, Ford’s assembly line scaled production 100x and put cars in the hands of millions. Rockets are now at a similar shift. Engines that once took years
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
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