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Skyroot and Brazil's Concert to build launch vehicle
By Abha Lohia · Editor ·
Skyroot Aerospace: revenue, valuation and funding and every story →
HyderabadFounded 2018
- Hyderabad-based Skyroot Aerospace builds satellite rockets and flew its Vikram-S rocket in 2022, a first for a private Indian firm
- It signed an MoU in October with Brazil's Concert Technologies to jointly develop a new launch vehicle
- The rocket is meant to carry at least 100 kg to low Earth orbit and may allow equatorial launches
What happened
- Skyroot and Concert signed an MoU.
- Target payload is 100 kg or more.
- Equatorial launches will be explored.
Why it matters
- The vehicle fills the gap between Brazil's 40 kg microlauncher and Skyroot's larger Vikram rockets.
The business
- Skyroot builds launch vehicles.
The numbers around it
Skyroot Aerospace has 4 funding rounds in StopDown's archive, $160 million raised in all.
| When | Round | Amount | Led by |
|---|---|---|---|
| 5 August 2026 | Series C | $200 million | Sherpalo |
| 25 June 2026 | Series C | $60 Mn | Sherpalo Ventures |
| 11 May 2026 | late | $60 Mn | Sherpalo Ventures |
| 25 March 2026 | debt | Rs 100 crore | BlackRock |
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