Skyroot Aerospace becomes first Spacetech startup to formally tie-up with ISRO

WHY IN THE NEWS?

• A Hyderabad-based Space technology startup, Skyroot Aerospace has become the first private company to formally enter into an agreement with the Indian Space Research Organisation (ISRO).
• The Framework MoU will allow the company to undertake multiple tests and access facilities at various ISRO centres and avail the technical expertise of ISRO for testing and qualifying their space launch vehicle systems and subsystems.
• Skyroot, founded by former ISRO scientists, is building the Vikram series of rockets to carry small satellites into space.
• The startup has already test-fired its solid propulsion rocket engine named Kalam-5, whose bigger version will power its rockets.
• Skyroot Aerospace is building the Vikram series of rockets to carry small satellites into space. The first launch vehicle in the series, Vikram-1 is scheduled to be launch in 2022.