From IIT Madras to the Stars: Agnikul’s Agnibaan Lights the Way for Private Space in India

Vansh Jain
3 min readJun 12, 2024

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A Giant Leap for Private Space in India: Agnikul Launches Agnibaan
India’s space journey commenced with the modest launch of the first sounding rocket from Thumba in 1963, signifying the initial strides of the Indian Space Research Organization (ISRO) in space exploration. Since then, ISRO has accomplished several significant milestones, such as the Chandrayaan missions to the moon and the Mars Orbiter Mission (Mangalyaan), establishing India as a prominent player among the elite spacefaring nations.
In recent years, India has seen the emergence of private space companies, with Agnikul Cosmos standing out as a leader in this sector. Founded in 2017 by Srinath Ravichandran and Moin SPM and based in Chennai, this innovative startup has been a trailblazer in the Indian space industry. The rise of private space startups like Agnikul Cosmos marks a new chapter in India’s space program, driven by innovation, entrepreneurship, and increased private sector involvement. Agnikul Cosmos strives to democratize space access through the development of customizable and cost-effective launch vehicles.

Agnibaan: A 3D-Printed Testament to Ingenuity
The company’s flagship product, Agnibaan, is a two-stage launch vehicle designed to transport small payloads of up to 100 kilograms to low Earth orbit. What sets Agnibaan apart is its highly customizable design and its plug-and-play engine configuration, which allows it to adapt seamlessly to various mission requirements. This advanced technology aligns perfectly with Prime Minister Modi’s vision of promoting private space companies and their adoption of innovative technologies.

The Significance of Agnibaan’s Launch
On May 30, 2024, in a historic milestone, Agnikul successfully launched Agnibaan, marking the second time an Indian private company has sent a rocket into space. This achievement highlights the expanding capabilities of the domestic private space sector. Notably, Agnibaan’s use of a 3D-printed engine ushers in a new era of cost-effective and efficient rocket design in India.
Agnikul Cosmos’ achievement provides a significant boost to the Indian space industry, fostering a spirit of competition and innovation. This milestone is expected to inspire other private companies to develop their own technologies, further contributing to India’s spacefaring ambitions.

The Future of Indian Space Exploration
With ISRO’s established expertise and the growing potential of private companies like Agnikul Cosmos, the future of Indian space exploration looks promising. As India continues to evolve as a spacefaring nation, the collaboration between ISRO and private startups like Agnikul will be crucial in driving the next wave of space exploration and technological advancements. The successful launch of Agnibaan not only positions Agnikul at the forefront of the global space industry but also reinforces India’s status as an emerging powerhouse in space technology.

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Vansh Jain
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Vansh Jain, a finance enthusiast, excels in financial analysis, valuation, and teamwork. Passionate about helping businesses achieve financial goals.