{"id":475497,"date":"2026-05-08T23:28:14","date_gmt":"2026-05-08T23:28:14","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/475497\/"},"modified":"2026-05-08T23:28:14","modified_gmt":"2026-05-08T23:28:14","slug":"indias-skyroot-hits-1-1b-valuation-as-vikram-1-prepares-for-liftoff","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/475497\/","title":{"rendered":"India’s Skyroot Hits $1.1B Valuation as Vikram-1 Prepares for Liftoff"},"content":{"rendered":"

India\u2019s launch company Skyroot Aerospace<\/a> has entered the unicorn club after raising almost $60 million at a pre\u2011money valuation of $1.1 billion on 7th May 2026.<\/p>\n

About the New Funding<\/p>\n

The latest round makes Skyroot India\u2019s first space\u2011tech startup to cross the billion\u2011dollar mark. The round was co-led by Sherpalo Ventures and Singapore\u2019s GIC. Existing backers, including the founders of Greenko Group and Arkam Ventures, also participated. New investors on the cap table include funds managed by BlackRock, Playbook Partners and the Shanghvi family office.<\/p>\n

Related: Artemis II Crew Spotted Impossible Moon Flashes During Eclipse \u2013 What NASA Won\u2019t Tell You<\/a><\/p>\n

Fuel for Vikram-1 and Beyond<\/p>\n

Skyroot is developing the Vikram<\/a> family of launch vehicles to provide on\u2011demand, dedicated rides to orbit for small satellites. In 2022, the company\u2019s suborbital Vikram\u2011S became the first privately built Indian rocket to reach space. The next milestone is Vikram\u20111, an orbital launcher designed to deploy up to 350 kg into low Earth orbit.<\/p>\n

The new capital will support preparations for Vikram\u20111\u2019s maiden flight, increase launch cadence once it enters service, scale manufacturing, and accelerate development of Vikram\u20112 \u2014 a one\u2011tonne\u2011class launcher with an advanced cryogenic upper stage. Together, the vehicles target a broad range of commercial, civil and defence missions in LEO.<\/p>\n

Tech investor Ram Shriram, an early backer of Skyroot and a board member of Alphabet, will join Skyroot\u2019s board as part of the round. He praised the startup\u2019s cost\u2011to\u2011performance ratio and described reliable access to space as \u201cone of the key challenges of our time\u201d.<\/p>\n

Inside Skyroot\u2019s Launch Technology<\/p>\n

Vikram\u20111 uses an all\u2011carbon\u2011composite structure and a mix of in\u2011house solid and liquid propulsion systems, including multiple 3D\u2011printed<\/a> engines. Skyroot has developed three propulsion families under one roof: Kalam (solid), Raman (liquid) and Dhawan (cryogenic). The company says this vertical integration is key to rapid manufacturing and higher launch cadence in the small\u2011satellite market.<\/p>\n

About Skyroot<\/p>\n

Skyroot Aerospace is based in Hyderabad. It is one of India\u2019s leading private launch companies. Skyroot operates from two main facilities, the Max\u2011Q and Infinity campuses, covering about 250,000 square feet, where it designs and builds composite rocket structures, propulsion systems and avionics.<\/p>\n","protected":false},"excerpt":{"rendered":"India\u2019s launch company Skyroot Aerospace has entered the unicorn club after raising almost $60 million at a pre\u2011money…\n","protected":false},"author":2,"featured_media":475498,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[270],"tags":[18,19,387,17,5,133,451],"class_list":{"0":"post-475497","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-space","8":"tag-eire","9":"tag-ie","10":"tag-india","11":"tag-ireland","12":"tag-news","13":"tag-science","14":"tag-space"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116541554989550925","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/475497","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=475497"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/475497\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/475498"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=475497"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=475497"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=475497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}