Skyroot Aerospace’s Vikram-S mission was the first privately developed Indian rocket to fly to suborbital space.

India’s space economy is valued at roughly $8.4 billion and is projected to grow to $44 billion by 2033.

Vikram-1 reached a 450-km orbit about 15 minutes after liftoff and deployed several customer payloads and in-orbit experiments.

Skyroot Aerospace became India’s first space unicorn in May after a $60 million funding round that brought its total funding past $160 million.

Skyroot Aerospace plans to upgrade Vikram-1 to Vikram-1U with strap-on boosters and increased payload performance.

The Antariksh Venture Capital Fund, anchored by the Indian National Space Promotion and Authorization Centre, made its first investment of about $6 million in Dhruva Space last week.

Skyroot Aerospace reached a $1.1 billion valuation in May.

Skyroot Aerospace plans to develop the larger Vikram-2 launch vehicle, which is expected to debut in 2027 and is designed to place 900 kg into low Earth orbit.

India opened its space sector to private investment in 2020.

Skyroot Aerospace’s investors include Sherpalo Ventures, Singapore’s sovereign wealth fund, and BlackRock-managed funds.

Skyroot Aerospace plans to double rocket production at its Hyderabad facilities from one per month to two after Aagaman.

Skyroot Aerospace became the first private Indian company to reach orbit when its Vikram-1 rocket launched from the Satish Dhawan Space Centre.

Global space-technology investment grew about 48% in 2025 to a record $12.4 billion, with the United States taking the largest share.

A March 2026 Pentagon industrial-base review found that efforts to scale production and bring in nontraditional vendors had not yet moved the needle.

The Golden Dome space-based interceptor program has a contractual 2028 demonstration deadline.

Anduril raised $5 billion in a single round at a $61 billion valuation, with much of the capital intended for new production capacity.

China has used export restrictions on heavy rare earths and permanent magnets to disrupt allied defense supply chains.

SpaceX has industrialized spacecraft production on automotive lines.

China controls roughly 90% of global rare-earth refining.

Rocket Lab acquired Mynaric, consolidating one of the few optical-terminal suppliers.

Lockheed Martin is planning for a 632% increase in satellite and space-vehicle deliveries under its long-range plan.

Lockheed Martin’s supplier network includes roughly 13,200 vendors in 52 countries.

The ThinAir GT2517 is the first airborne antenna certified for operation on the O3b mPOWER Medium Earth Orbit constellation within SES's sovereign services portfolio.

The ThinAir GT2517 certification allows government users to access high-throughput, low-latency data streams for secure intelligence, surveillance, and reconnaissance and command and control missions.

ThinKom Solutions verified that the ThinAir GT2517 complies with the OpenAMIP and OpenBMIP open industry standards.

ThinKom Solutions, Inc.'s ThinAir GT2517 airborne terminal completed the SES Government Technology Certification program on July 20, 2026.

Integrating the SESSD Terminal Manager software module enables the ThinAir GT2517 platform to automate resource allocation and dynamic scheduling across orbits.

The ThinAir GT2517 is cleared for deployment across SES Space and Defense's Geostationary Orbit and Non-Geostationary Orbit assets that adhere to Committee on National Security Systems Policy 12 mandates.

ThinKom Solutions plans to advance certification pipelines for its smaller GT1717 terminal and alternative software-defined modem configurations.

The ThinAir GT2517 uses Variable Inclination Continuous Transverse Stub technology to optimize size, weight, and power for military and special mission aircraft.

The United Nations proclaimed July 20 as International Moon Day in 2021 through resolution 76/76 on international cooperation in the peaceful uses of outer space.

UARX Space developed Ossie with a team of 20 professionals and about 60 specialized collaborators.

UARX Space has developed Ossie, the first orbital transfer vehicle built entirely in Spain.

DHV Technology supplied Ossie’s electrical systems and solar panels.

Sener supplied Ossie’s guidance, navigation, and control algorithms.

The German Aerospace Center collaborated on Ossie’s communications systems.

The Polytechnic University of Madrid collaborated on antenna development for Ossie.

Dawn Aerospace supplied Ossie’s propulsion system.

Ossie will perform maneuvers in very low Earth orbit before atmospheric reentry.

Ossie will be launched from Vandenberg Space Force Base in California after final preparations there.

Ossie will deploy 16 CubeSats and PocketQubes during its inaugural mission.

Ossie will be the first Spanish orbital vehicle to operate in very low Earth orbit.

Cortis, developed by UVigo SpaceLab, is one of Ossie’s payloads.

UARX Space designed Ossie to transport, deploy, and operate satellites and other payloads after launch.

UARX Space is working on two projects for lunar orbits.

XesGalicia, Vigo Activo, and Acedo Inversiones provided financial backing for Ossie.

Ossie is expected to provide orbital transport services for two years to 14 direct customers and eight indirect customers from seven countries.

UARX Space will operate Ossie from its mission operations center in Nigrán.

Ossie will carry ten payloads for technology demonstrations and validation.

Ossie will autonomously begin mission maneuvers after separation from Falcon 9.