Speaking at the new integrated design, assembly and manufacturing facility at the GMR Aerospace and Industrial Park, Chandana said, "Vikram 1 will be a scaled-up version of our first successful rocket launch 'Vikram S' last year, in which we successfully tested our technology and became the first private company in the country to have the capability to launch the rocket into space.
"We intend to test three commercial launch vehicles, and we are optimistic that we will successfully launch the first commercial rocket into orbit. Due to the limited number of businesses with this kind of orbital capabilities worldwide and the difficulty of gaining access to space, many satellite enterprises are taking the risk of putting their satellites on the rocket even if it is the first one, Singh added.
India is no longer seen as a country to be led by other countries, according to Singh, who claimed that India is now in a position to lead other countries in the space industry.
Chandana said Skyroot Aerospace has raised $52.6 million in funding so far, which should help with the. "In the future, this location will have its own testing facility. The government and I are in conversation," he added.