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Skyroot Aerospace Raises $51 Million from Singapore’s GIC: Details

Skyroot Aerospace Raises $51 Million from Singapore

Skyroot Aerospace on Friday revealed that it had raised $51 millon (roughly Rs. 400 crore) from a Singapore-based investor, according to a report. The startup will reportedly use the funding to build the country’s first private space launch vehicles (SLV), and accelerate the firm’s plans to launch heavy payloads into low-Earth orbit. It is looking to start commercial satellite launches by mid-2023, and has a data and expertise sharing…


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