Spacetech startup Agnikul inks deal with Dept. of Space for access to ISRO facilities

• ByAyushi Ray     |    September 18, 2021

Spacetech startup Agnikul inks deal with Dept. of Space for access to ISRO facilities. The deal will also allow Agnikul to avail ISRO’s technical expertise for testing and qualifying the startup’s space launch vehicle systems and subsystems, it said. Based in National Centre for Combustion R&D of IIT-Madras, Chennai, the startup met Department of Space secretary and ISRO Chainman, Dr K Sivan, who “assured all support from DOS for qualifying Agnikul launch vehicle systems.” The DoS, earlier this week, inked a similar deal with Skyroot Aerospace, based out of Hyderabad, to give it access to ISRO’s facilities and expertise.

Launched in 2017 by Srinath Ravichandran, Moin SPM, and Professor SR Chakravarthy, Agnikul Cosmos is involved in building a private small satellite launch vehicle. Its core product, Agnibaan, is a smallsat launch vehicle capable of carrying up to 100 kg of payload to Low Earth orbits. Earlier this year, the startup test-fired the world’s first 3D printed rocket engine Agnilet, and has said it will undertake more such tests in the remainder of the year. In May, it raised $11 million in a Series A funding round led by Mayfield India. Existing investors including pi Ventures, Speciale Invest and Artha Venture Fund also participated in the round.

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