What Happened
Skyroot Aerospace Achieves Milestone In Global Commercial Launch Market
India’s Skyroot Aerospace has successfully launched the country’s first privately developed orbital rocket, Vikram-1, carrying customer payloads into low-Earth orbit. The launch is a key test of national efforts to compete for a bigger share of the global commercial launch market. The mission, dubbed ‘Mission Aagaman’, aims to validate the rocket’s systems and collect data for future commercial launches. This achievement comes as India targets a $44 billion space economy by 2033, with the government betting on private companies to help it compete in the market, as reported by CNBC.