Pressroom Today

The Indian Space Research Organisation (ISRO) was founded on August 15, 1969, in brand-new Independent India, just 22 years after gaining independence. Since then, ISRO has made every effort to advance and master space technology. These outstanding brains from India have been working to apply their inventions to a range of national needs.

A historic milestone under PM Narendra Modi, Dr. Jitendra Singh remarked in a brief speech of congratulations to the Team ISRO and the Indian space-tech startup Skyroot Aerospace. Indian start-ups have reached a turning point! A fresh start for ISRO as the first private rocket, “Vikram-S,” has reached space.

The first private rocket of India to grace the skies, Vikram-S, creates aviation history. A new record has been set in the 75-year history of India’s independence by ISRO, who has added another feather to their wonderful space journey. According to the Minister, the launch has elevated India to the status of one of the world’s leading space powers, and many aspirant nations are eager to learn from India’s experience. After the government opened up India’s space industry to private investment two years prior, he regarded this as a significant milestone.

Prior to the launch of Vikram-1 the following year, it is a single-stage fuel rocket designed to test the majority of Skyroot Aerospace’s project’s systems and procedures. The rocket’s launch lasts only around 300 seconds and reaches a maximum altitude of 81.5 kilometers before splashing into the ocean.

Mission Prarambh has been successfully completed, according to ISRO, but Skyroot Aerospace claims that Vikram-S is the first private rocket in India to reach space. Three payloads in total, including one from international clients, were carried into space by it.

They are the first Startup to get into an MoU for the launch of its rockets with ISRO, in addition to being the first private launch in the country, it is also Skyroot Aerospace’s inaugural “Prarambh” mission.

It was a validation, according to ISRO, that over the eight years India’s youth talent, which was waiting to be explored, found new avenues to unleash their full potential with a ferocious passion. India has always had a wealth of talent and a desire to do great things, but PM Modi was the one who finally provided them with the ideal outlet.

Starting from a few Space Start-ups three to four years ago to 102 Start-ups operating in cutting-edge fields including space debris management, nano-satellites, launch vehicles, ground systems, research, etc. in a short amount of time, space reforms have unlocked the inventive potential of Startups.

With one of the oldest space programs in the world, India can show its strength internationally and has relied heavily on space for its economic growth. India is seen as an example to the rest of the world since it assists developing nations in growing their capacities and satellites, including nanosatellites.

While space exploration is still a top priority for many nations today and is on the government’s agenda, opening up the sector to private companies for satellite launches and space exploration has democratized the industry and opened up new opportunities for large corporations and SMEs to diversify their business models. Innovative companies, much like in other industries, are upending the space industry with low-cost space missions, fresh designs based on novel materials and components, and a drive to develop novel human experiences.