Agnikul, a startup spearheading 3D printed single-piece rocket motors and building an orbital-class dispatch vehicle that can take little satellites to space, has brought Rs 23.4 crore up in a pre-arrangement A round drove by pi Ventures. Different speculators which partook in the round included Hari Kumar (LionRock Capital), Artha Ventures, LetsVenture, Globevestor, CIIE and existing financial specialist Speciale Invest. Agnikul plans to utilize these assets for ground testing, creation and group extension.
Agnikul, working out of National Center for Combustion Research at IIT Chennai, is building up a satellite dispatch vehicle for payload limit of up to 100 kgs. The vehicle is configurable and can bolster a payload scope of 30-100 kgs without affecting the financial matters. Since the motor is completely 3D printed, the assembling intricacy related with conventional rocket motors is moved to the plan for their situation, making it a simpler and less expensive manufacture process that will have the option to convey dispatch vehicles inside half a month, essentially on request. Agnikul said it is the main organization on the planet to structure a rocket motor which can be imprinted in a solitary piece utilizing 3D printing innovation.
"We began Agnikul with the fantasy about bringing space inside everybody's compass. We are doing this by building deft, dependable and measured rockets that can place little satellites in space on-request," said Srinath Ravichandran, Co-organizer and CEO, Agnikul. "This round of speculation from pi Ventures, Speciale Invest and others is an important speed lift to our excursion and will legitimately assist us with getting a lot nearer to circle," he said…Read More
No comments:
Post a Comment