Skyroot Aerospace has successfully test fired a solid propulsion rocket stage (named Kalam-5). This is the first time in India that a private company has successfully designed, developed and tested a full solid propulsion rocket stage. Meanwhile, Mukesh Bansal, Vedanshu investments backed space start-up is looking to raise around $15 million.
A special feature of this is that it is built with advanced carbon composite structure in a completely automated process. Carbon composite case is very challenging to design and manufacture but is five-times lighter than steel, said Pawan Kumar Chandana, co-founder & CEO, Skyroot Aerospace.
He added that Kalam-5 uses 15