HYDERABAD|BENGALURU: , a Hyderabad-based startup backed by CureFit founders Mukesh Bansal and Ankit Nagori, is developing a rocket which can be assembled and launched in a day that will be used to hurl small satellites into space, eyeing a slice of the global market for tiny satellite launches that is expected to grow over the next decade. Hyderabad start-up Skyroot Aerospace is looking to capitalise on a draft bill which would permit private companies to enter the space industry, and is developing a rocket that can be assembled and launch small satellites into low-Earth orbit on the same day. The company has already secured an order for its first rocket, called the Rocket One, from India’s Space Research Organisation (SRO).
Hyderabad start-up Skyroot Aerospace is looking to capitalise on a draft bill which would permit private companies to enter the space industry, and is developing a rocket that can be assembled and launch small satellites into low-Earth orbit on the same day. The company has already secured an order for its first rocket, called the Rocket One, from India’s Space Research Organisation (SRO).