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Search resuls for: "Pawan Kumar Chandana"


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Skyroot Aerospace's logo is seen in this picture illustration taken November 26, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsHYDERABAD, Aug 28 (Reuters) - Skyroot Aerospace, which launched India's first private rocket in 2022, aims to double its planned launches starting next year on a likely boost to the country's fledgling private space sector from the success of the Chandrayaan-3 moon mission. The company conducted India's first private rocket launch looking to cut satellite launch costs in an industry fast getting crowded as various firms build out networks to deliver broadband services, which need small satellite launches. Chandana said the company plans to ramp up its 280-member workforce by 20% in the next two years to support the expected increase in launches. So, the next large fundraising round, the Series C round, will probably be in 2024 end," Chandana said.
Persons: Dado Ruvic, Pawan Kumar Chandana, Chandana, GIC, Rishika Sadam, Nivedita Bhattacharjee, Dhanya Ann Thoppil Organizations: REUTERS, Rights, Skyroot Aerospace, Reuters, Indian Space Research, Thomson Locations: Hyderabad, India
The Surprising Striver in the World’s Space Business
  + stars: | 2023-07-04 | by ( Alex Travelli | ) www.nytimes.com   time to read: +2 min
When it launched its first rocket in 1963, India was a poor country pursuing the world’s most cutting-edge technology. That projectile, its nose cone wheeled to the launchpad by a bicycle, put a small payload 124 miles above the Earth. In today’s space race, India has found much surer footing. These new thrusters will guide Skyroot’s next one into orbit this year, with a much more valuable payload. Pawan Kumar Chandana, 32, Skyroot’s chief executive, anticipates a global need for 30,000 satellites to be launched this decade.
Persons: pored, Skyroot’s, Pawan Kumar Chandana, Biden, Narendra Modi, Organizations: Skyroot Aerospace, U.S Locations: India, United States, Soviet Union, Hyderabad, Washington, China
New Delhi CNN Busines —Indian startup Skyroot Aerospace launched the country’s first privately developed rocket, Vikram-S, into space on Friday with support from the Indian Space Research Organisation (ISRO). Until now, the country’s space industry has been dominated by the state-run ISRO, but Skyroot Aerospace has opened up the sector to private companies. This mission symbolizes not just India’s first private rocket launch but also “the potential of new India,” said Pawan Kumar Chandana, co-founder of Skyroot Aerospace after the launch. Skyroot Aerospace was launched in 2018 and is based in the southern tech hub of Hyderabad. Last year, it became the first startup to enter into an agreement with ISRO to use the Indian space agency’s expertise and to access facilities.
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