What Happened
Government Funds Reusable Agnibaan Launch Vehicle Development
The Indian government has announced plans to invest ₹200 crore in Agnikul Cosmos to support the development of its reusable Agnibaan launch vehicle. The funding, provided through the RDI Fund, aims to advance the technology from TRL 4 to TRL 8, with a focus on full-system reusability and lower launch costs. This investment is part of India’s efforts to strengthen its space technology capabilities and position itself as a major player in the global space industry, as reported by ETManufacturing.