New Delhi, May 7 (IANS) Hyderabad-based private space launch startup Skyroot Aerospace on Thursday said it has raised $60 million in a fresh funding round led by existing investors Sherpalo Ventures and Singapore’s sovereign wealth fund GIC, becoming India’s first space-tech unicorn.The latest investment round also saw participation from BlackRock, the founders of Greenko Group, Arkam Ventures, Playbook Partners, Shanghvi Family Office and several other investors.While Playbook Partners and …
Latest Indian Space Association News & Updates
New Delhi, May 3 (IANS) The successful launch of Mission Drishti serves as a definitive proof-of-concept for India’s private space sector reforms and signals a transition from small-scale testing to sovereign, all-weather surveillance capabilities, the Indian Space Association said on Sunday.Lt. Gen. AK Bhatt (Retd.), Director General of the industry body, said the milestone reflects a pivotal shift in India’s approach to Earth observation and underlines the growing maturity of the private s…
New Delhi, Jan 19 (IANS) While the Space Policy 2023 enabled private sector participation, the next critical step is to boost fiscal, regulatory, and structural support to accelerate growth and position India among the top three spacefaring nations, said the Indian Space Association (ISpA) on Monday.The Association also outlined key private space sector recommendations for government consideration, which can help enhance domestic manufacturing, enhance national security, create high-value jobs, …
New Delhi, Dec 30 (IANS) Policy continuity and institutional clarity by the government and an expanding public-private partnership framework led to the growth of India’s private space sector in 2025, said Lt. Gen. AK Bhatt (Retd.), Director General, Indian Space Association (ISpA) on Tuesday.Bhatt noted that 2025 was marked as a decisive year for India’s space sector as policy reforms translated into tangible execution across launch, including satellite manufacturing, Earth observation, space …