A former employee of ISRO gave competition to Elon Musk!?
IIT friend and former isro colleague naga co-founded India's first private space company Skyroot Aerospace with Bharat Dhaka. The company built India's first private rocket Vikram-S. Launchpad is used for launch purposes such as range communications and tracking support. It is said that it may even surpass Elon Musk's venture in the future. The Vikram-S rocket was launched from Sriharikota on november 18, 2022 carrying three small satellites. All the systems in the Vikram-S rocket are indigenously designed except for some imported sensors. pawan kumar and naga Bharat developed Vikram-1 and Vikram-2 rockets. The rockets are named 'Vikram' in honor of Dr vikram Sarabhai, the father of India's space programme.Pawan Kumar Chandan founded a private space company based in hyderabad after working as an isro scientist for 6 years.
Skyroot has raised 95 million to date. 1,304 crore by 2022. (about 165 million) was worth. Skyroot has emerged as a leading player in the indian private space sector, with a market value estimated at 100 billion by 2040.