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Skyroot Aerospace forecasts Rs 977 crore in revenues by FY27, ahead of Vikram-1 launchIndian space startup Skyroot Aerospace projects significant revenue growth, aiming for over Rs 13,000 crore by FY32, driven by launch servi...
Red Balloon launches India's first commercial near-space balloonOn Wednesday, the company's VISTA platform ascended nearly 25 km above Earth from Vijayawada as part of "Mission SANA", carrying payloads f...
Meta layoffs hit India; Local VCs eye Wispr Flow fundingHappy Wednesday! Tech major Meta has quietly axed a dozen India roles as part of its latest global AI-era reset. This and more in today's E...
Hyderabad’s BluJ rolls out e-aircraft prototypeFounded in 2022 by former Skyroot Aerospace founding team member Amar Sri Vatsavaya and Utham Kumar Dharmapuri, the company is focusing on ...
Dhruva Space gets Rs 105 crore from Centre for developing satellite platformDhruva Space secured a Rs 105 crore grant for Project Garud. This initiative focuses on creating a standardized satellite platform. The pro...
ET Prime Special Series: Multibagger or Bankrupt - Part 58: The ICE veteran that quietly became an EV lightweighting storyMost auto ancillary investors think linear. Company makes Component X. EV disrupts Component X. Stock goes down. Every story does not fit t...
Spacetech firm Agnikul eyes $50-75 million at flat $500 million valueSpacetech startup Agnikul Cosmos is reportedly in talks to raise $50-75 million at a $500 million valuation. This potential funding round, ...
Global demand will be a major revenue driver: newly minted unicorn Skyroot Aerospace CEO Pawan ChandanaSkyroot Aerospace, India's first spacetech unicorn, is poised for global growth, with significant demand expected from US, Europe, and Sout...
Ram Shriram's Sherpalo Ventures to lead $60 million funding round in Skyroot; valuation hits $1.1 billionGIC, of Singapore, BlackRock, Greenko Group founders take part in round along with Sun Pharma founder Dilip Shanghvi family office as the 9...
UpGrad-Unacademy deal closes; India’s largest private satellite lifts offHappy Monday! Upgrad is set to acquire Unacademy at a 90% markdown of its peak valuation. This and more in today's ETtech Morning Dispatch.
Skyroot Vikram-1 rocket is raring to soar highSkyroot Aerospace is on the cusp of launching India's first privately built orbital rocket, Vikram-1, from Sriharikota within weeks. This c...
India’s largest private satellite ‘Drishti’ lifts off, marks global first in OptoSAR imagingSpacetech startup GalaxEye successfully launched its first earth observation satellite, Mission Drishti, aboard a SpaceX Falcon 9. This 190...
Eutelsat CEO says US demand holds despite SpaceX push to curb European rivalsDespite SpaceX's call to restrict European rivals, Eutelsat's CEO states demand for alternative satellite services from US businesses and t...
Skyroot flags off Vikram-1, targets June launch for India’s first private orbital missionHyderabad-based Skyroot Aerospace has flagged off its Vikram-1 rocket for India's first privately built orbital mission, targeting a June l...
India's space programme set to 'transform planet's connection to final frontier,' says NYT reportIndia's space-tech start-ups have become a vital research field comprising 140 registered businesses, according to The New York Times. Indi...
ISRO begins countdown for PSLV-C54 missionThe objective of the mission is to ensure data continuity of ocean colour and wind vector data to sustain the operational applications. The...
Mahindra launches Big Bolero Pik-up priced up to Rs 6.3 lakhUtility vehicles major Mahindra and Mahindra today launched its Big Bolero Pik-up, priced up to Rs 6.3 lakh (ex-showroom Pune).