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VCGuy

Stealth • 4m

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.

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Sanskar

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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

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Anonymous
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🤯🔥 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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VCGuy

Stealth • 2m

A space that seems to have sparked investor interest is: Travel Luggage 🧳Lately, we've seen significant activity in this space - Feb 24: Mokobara raised $12 M from Peak XV Mar 24: Safari Industries raised $27 M from Lighthouse India Focused Fund Ma

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Unique Startup Stories (7/20) Forget SpaceX, India have it's own Private Space Company called Skyroot Aerospace So It was founded in July 2018 by Pawan Kumar and Naga Daka in Hyderabad, both former scientists at ISRO. It helps to launch small sate

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