- 200 crore fund to Agnikul for reusable 'Agniban' rocket
- The company aims to recycle the entire system, not just the first stage of the rocket
- India's move towards developing advanced technology on the lines of SpaceX
India is all set to take a giant leap in the space sector, so foreign companies are likely to face stiff competition in the global space market. Indian space startup 'Agnikul Cosmos' has received a massive government funding of Rs 200 crore to develop its reusable launch vehicle (reusable rocket). This important project has been named 'Agniban RLV'.
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This Rs 200 crore funding simply means that India is now aggressively moving towards building a rocket similar to Elon Musk's 'SpaceX', which can launch satellites into space, bring them back to Earth and be used to launch them again. An agreement of Rs 200 crore has been signed between Technology Development Board and Agnikul Cosmos for this important project. This substantial amount has been provided under the Research, Development and Innovation Fund. Promoting indigenous technology. Its main objective is to make India a global hub for commercial space launches.
Travel from TRL-4 to TRL-8
With the help of this Rs 200 crore 'government booster', Agnikul will take its current technology from TRL-4 (Technology Readiness Level) directly to the advanced level of TRL-8. It will include high-tech features such as a reusable upper stage, semi-cryogenic liquid propulsion, deep throttling, restart capability and a precision landing propulsion system. The government has not placed this bet of Rs 200 crore on any new company. Agnikul Cosmos has already proved its strength. The company designed and manufactured the world's first integrally printed rocket engine named 'Agnilet' in its own factory. Not only this, in May 2024, the company successfully completed the maiden flight of its 'Agniban Suntend' single-stage vehicle. TDB has earlier helped Agnikul develop small satellite vehicles.
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The entire system is recyclable, not just the first stage
Agnikul's project is not limited to bringing the rocket's first stage back to Earth. The company aims to make the entire launch system as recyclable as possible. This will increase the frequency of rocket launches many times in future.