Space sector startup Skyroot unveils indigenously built Vikram-1 rocket

Space sector start-up Skyroot Aerospace on Tuesday unveiled its indigenously built Vikram-1 rocket. Space, Science and Technology Minister Jitendra Singh, after unveiling the rocket, also inaugurated 'The MAX-Q Campus', the new headquarters of the start-up at the GMR Aerospace and Industrial Park at Mamidipally in Hyderabad.

Vikram-1 is expected to deliver satellites to low earth orbit early next year. Singh toured the Skyroot headquarters spread across 60,000 sq ft and billed as the country's largest private rocket development facility under one roof.

Vikram-1 is a multi-stage launch vehicle with a capacity to place around 300 kg payloads in Low Earth Orbit.

An incredibly proud moment as we reveal the Vikram-I orbital space launch vehicle, graced by Hon. MoS @DrJitendraSingh, visiting our new headquarters, the MAX-Q, which is potentially one of the world's largest private rocket factories under a single roof. Our Vikram-I, a… pic.twitter.com/qIisJnzDib

— Skyroot Aerospace (@SkyrootA) October 24, 2023

It is an all-carbon-fibre-bodied rocket that can place multiple satellites into orbit and features 3D-printed liquid engines.

Planned to be launched in early 2024, Vikram-I will be Skyroot's second rocket, after the successful launch of the Vikram-S rocket on November 18 last year.

Catch latest stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com.