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Skyroot Aerospace

HardwareHyderabad, IndiaFounded 2018· One of 1636 Hardware companies tracked by AMPulse

A private aerospace manufacturer and launch service provider developing the 'Vikram' series of rockets specifically designed for the small satellite market.

CEO / Founder
Pawan Kumar Chandana
Team Size
1001-5000
Stage
Active
Total Funding
$160M
Latest Round
Venture Round
Key Investors
GIC, Temasek, Sherpalo Ventures, Rocketship.vc, WorldQuant Ventures, BlackRock, Arkam Ventures, Playbook Partners, Shanghvi Family Office, Greenko Group Founders

Technology & Products

Key Products

Vikram-I and Vikram-II rockets for on-demand satellite launches; proprietary 3D-printed cryogenic engines (Dhawan series).

Technical position · AMPulse analysis

Proprietary Metal Additive Manufacturing (3D printing) reduces engine part count by 95% and lead times by 80%; mobile launch capability allows for deployment from any location with minimal infrastructure.

Differentiation

Value Proposition

Provides affordable, on-demand, and reliable launch services with a quick turnaround time, capable of assembling and launching a vehicle within 24 to 72 hours.

How They Differentiate

Proprietary 3D-printed cryogenic engines (Dhawan series) and 100% carbon-fiber airframes that enable a rapid 24-72 hour launch turnaround.

Market & Competition

Target Customers

Small satellite operators, global space agencies (e.g., ISRO), research institutions, telecommunications companies, and Earth observation firms.

Industry Verticals

Spacetech, Telecommunications, Earth Observation & Remote Sensing, Defense & National Security, Scientific Research & Academia

Competitors

Agnikul Cosmos, SpaceX, Rocket Lab

Growth & Milestones

Growth Metrics

First private Indian company to reach orbit (Vikram-1, July 2026); India's first space unicorn at $1.1B valuation (May 2026); team of approximately 900-1,400 employees.

Major Milestones

Successfully launched India's first private sub-orbital rocket (Vikram-S) in November 2022, Successful test firing of the Dhawan-II 3D-printed cryogenic engine in 2023, Secured $27.5M Pre-Series C funding led by Temasek in October 2023, Raised $60M unicorn round co-led by GIC and Sherpalo Ventures in May 2026, reaching $1.1B valuation, Vikram-1 became the first privately developed Indian rocket to reach orbit, launching from Sriharikota on July 18, 2026

Notable Customers

Axiom Space (MOU for collaboration)

https://skyroot.in

Recent coverage of Skyroot Aerospace

Funding rounds

  • Venture Round$60.0M2026-05Lead: GIC, Sherpalo Ventures · Source: SpaceNews/Via Satellite
  • Conventional Debt$10.75M2026-03-01Lead: BlackRock · Source: Entrackr
  • Pre-Series C$27.5M2023-10-01Lead: Temasek · Source: TechCrunch
  • Series B$51.0M2022-09-01Lead: GIC · Source: PR Newswire
  • Series A$11.0M2021-05-01Lead: Greenko Group Founders · Source: TechCrunch

Why this company matters

AMPulse analysis, not a company disclosure

Skyroot Aerospace is a private Indian launch service provider focused on the small satellite market. Founded in 2018, the company develops the Vikram series of rockets designed for rapid assembly and launch within 24 to 72 hours. It became the first private Indian company to reach space with its Vikram-S sub-orbital launch in November 2022.

The company's core technological advantage lies in its proprietary metal additive manufacturing process, used to produce the Dhawan series of cryogenic engines. This approach reduces engine part count by 95% and lead times by 80% compared to conventionally manufactured engines. The Vikram rockets also feature a 100% carbon-fiber airframe to maximize payload efficiency.

Skyroot targets small satellite operators, space agencies, telecommunications firms, and Earth observation companies. It has signed an MOU with Axiom Space for low-Earth orbit missions and maintains partnerships with ISRO for technical facility access, Exolaunch for global mission management, and the Swedish Space Corporation for ground station services. The company has raised over $106 million from investors including GIC, Temasek, and BlackRock.

Competing with Agnikul Cosmos, Rocket Lab, and SpaceX, Skyroot differentiates through its 3D-printed cryogenic engines and mobile launch capability that requires minimal infrastructure. Its scheduled maiden orbital launch of Vikram-I in 2025 will test whether its rapid-turnaround model can capture a meaningful share of the growing small satellite launch market.