Skyroot Aerospace

Skyroot Aerospace

Provider of space launch services utilizing the Vikram series of launch vehicles.

Founded

2018

Headquarters

Hyderabad (India)

Status

Series B

Company Details

Website

Socials

Email

Phone

N/A

Skyroot Aerospace is India’s private aerospace manufacturer and commercial launch service provider. The company’s flagship Vikram series rockets—named in honor of Dr. Vikram Sarabhai—are engineered for modularity, quick assembly, and minimal ground infrastructure, making them ideal for global satellite operators seeking affordable, reliable, and responsive launches. Skyroot made history in November 2022 as the first Indian private company to reach space with the suborbital Vikram-S rocket. 

Core Products and Services

  • Vikram-S: Suborbital demonstrator (first private Indian rocket to reach space, Nov 2022)

  • Vikram-I: Three-stage solid-propellant launcher with a liquid kick stage; 480 kg to 500 km LEO, 290 kg to 500 km SSPO; maiden flight expected late 2025

  • Vikram-II & III: Heavier-lift variants under development for larger payloads and higher orbits

  • Raman Series: 3D-printed, hypergolic upper-stage engines for precise orbital maneuvers

  • Kalam Series: Carbon-composite solid rocket motors (Kalam-5, Kalam-100, Kalam-250) powering various Vikram stages

  • Dhawan Series: Cryogenic engines for upper-stage efficiency (notably Dhawan-II, fully 3D-printed and flight-qualified)

Business Model & Revenue Streams

  • Launch Services: Primary revenue from satellite launches (contracted and scheduled for 2025 onward)

  • Technology Licensing & Component Sales: Engine, propulsion, and integration technology for other aerospace clients

  • Mission Support & Consulting: Custom mission design, regulatory, and integration services

Customer Segmentation

  • B2B Focus: Commercial satellite operators, space agencies, defense, academic/research institutions

  • Geographic Mix: Global—clients in India, EU, US, and Asia-Pacific

Top Clients & Partnerships

1. Key Client: N-SPACE, BazoomQ, SpaceKidz India (early payload customers for Vikram-S).

2. Strategic Partnerships

  • ISRO: First private MoU for facility and tech access, ongoing collaboration for subsystem testing and launch integration

  • Axiom Space: Joint missions for satellite launches, human spaceflight, and orbital logistics (signed June 2025)

  • WISeSat: Secure satellite communications and joint launches from India (2025+)

  • Expleo & ConnectSAT: Software and IoT satellite partnerships for orbital missions

Future Outlook & Strategic Priorities

  • Vikram-1 Launch: Maiden orbital flight set for late 2025, unlocking multi-million dollar launch contracts and recurring revenue

  • Product Expansion: Development of Vikram-II/III for larger payloads and higher orbits; expansion into reusable launch technology

  • Global Market Penetration: Partnerships with Axiom, WISeSat, and French satellite firms for international customer acquisition

  • Infrastructure Scale-Up: New integrated rocket manufacturing and testing facility in Telangana (₹500 crore investment)

  • Capital Intensity: Sustained R&D and infrastructure investment required for scaling and reliability

  • Regulatory Complexity: Export controls, launch licensing, and global compliance

Key People

Pawan Kumar Chandana

Naga Bharath Daka

Kishore Tallam

Key Metrics

Total Equity Funding

$95 Million

No. of Funding Rounds

8

Latest Funding Round

$27 Million, Series B

as of October 30, 2023

Post Money Valuation

$165 Million

as of November 22, 2022

Funding Multiple

1.7

as of November 22, 2022

Investors

GIC

and 2 more

Employee Count

403

Similar Companies

Olee

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
October 30, 2023Series B$27 Million-$2.8Million177.0x Temasek, GIC, LNM India Internet Ventures
November 22, 2022Series BUndisclosed$165 Million$1.2 Million- AUM Ventures
August 29, 2022 Series B$50 Million$164 Million$772 K148.1x GIC, Sherpalo Ventures, WAMI Capital, LNM India Internet Ventures
January 27, 2022Series B$4.5 Million-$25.3 K- Sherpalo Ventures, WAMI Capital, Vevek Venture Investments, AKSS Holdings
May 20, 2021Series A$11 Million$90 Million$17 K- WorldQuant Ventures, Sutton Capital, Graph Ventures
June 15, 2020Seed$370 K$15.5 Million$30.7 K- Vedanshu

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