On November 15, India will launch its first privately built rocket

Digital Desk: India's first privately developed rocket, the "Vikram-S," is scheduled to launch on November 15 on a sub-orbital mission with three payloads, according to an announcement made on Tuesday by Hyderabad-based Skyroot Aerospace.

Skyroot Aerospace will launch its first mission, dubbed "Prarambh" (the beginning), from the Sriharikota launchpad of the Indian Space Research Organization with the payloads of two Indian and one foreign client.

"Heartbeats accelerate. Everyone is looking up towards the sky. The planet is attentive. All signs lead to a launch on November 15, 2022 "According to Skyspace Aerospace on Friday.

According to CEO and co-founder of Skyroot Aerospace Pawan Kumar Chandana, the launch is set for 11:30 a.m.

On the suborbital mission on board Vikram-S, Spacekidz, an aerospace startup located in Chennai, will launch "Fun-Sat," a 2.5 kg payload created by kids from India, the US, Singapore, and Indonesia.

With this mission, Skyroot will launch a rocket into orbit for the first time as a private space business in India, ushering in a new era for the space industry, which was opened up in 2020 to allow for private sector participation.

Skyroot's launch vehicles are named 'Vikram' as a tribute to the founder of the Indian space programme and renowned scientist Vikram Sarabhai.

Based in Hyderabad, Skyroot was the first startup to sign a memorandum of understanding with ISRO for launching its rockets.

It aims to disrupt entry barriers to cost-efficient satellite launch services and space-flight by advancing its mission to make spaceflights affordable, reliable and regular for all, the statement said.

Set up in 2018, Skyroot has successfully built and tested India's first privately developed cryogenic, hypergolic-liquid, and solid fuel-based rocket engines using advanced composite and 3D-printing technologies.

Skyroot Aerospace successfully raised USD 51 million through a Series-B financing round, in September this year. It had raised USD 11 million in Series-A capital raise in July last year.