What Happened
Private Orbital Capability Emerges With Cost-Effective Launch Vehicle
India has successfully launched its first privately built orbital-class launch vehicle, Vikram-1, marking a significant milestone in the country’s space program. The launch vehicle, developed by Skyroot Aerospace, has the potential to lower satellite deployment costs and accelerate decentralized satellite networks and space-based DePIN. This development may have implications for the crypto industry, particularly in the areas of tokenized satellite assets and RWA feeds. According to The Crypto Times, Vikram-1’s successful launch could be a significant step towards creating a ‘space plus Web3’ hub in India.