Skyroot Aerospace

Indian space startup Skyroot is looking to return to the pad in January after its Vikram-1 rocket reached orbit on the first try, in a mission that has contributed to its bulging backlog.

Indian launch startup Skyroot says it is ramping up production to support an annual launch cadence of 12 missions by the end of 2027, following its July orbital launch during its first flight test.

Rising security concerns and the drive for space autonomy may ward off the expected consolidation among launch service providers.

A look at data on light, medium and heavy space launchers to watch.

India’s space economy could reach $77 billion in value by 2030 from $15 billion in 2023, according to a recent report by the Indian media Inc42.

With this fresh funding round, Skyroot has raised a total of $95 million, top among Indian space startups.