Business

IIT Madras-based Start-up Agnikul Cosmos unveils Made in India Rocket Engine at Dubai

Chennai (Tamil Nadu): IIT Madras-based Space Tech start-up, Agnikul unveiled its full-scale second-stage engine – Agnilet at the International Astronautical Congress (IAC) and at the World Expo in Dubai.Agnikul inked multiple agreements with various stakeholders in the event which will directly catalyze its efforts of launching in 2022. Agnilet is the world’s first single-piece 3D printed engine fully designed and manufactured in India and was successfully test-fired in early 2021 by Agnikul. Agnikul had an opportunity to showcase this engine at IAC 2021 which is the most prestigious space tech gathering in the world.Speaking about IAC & revealing Agnilet there, Moin SPM, Co-founder & COO, Agnikul, said, “The unveiling of Agnikul’s engine at a global stage such as the IAC, allowed us to showcase the capabilities of Indian space tech startups to the international community and allowed us to forge agreements with multiple commercial…

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‘Make in India’ startup to manufacture 1000 drones for agriculture sector

Chennai (Tamil Nadu) [India]: Garuda Aerospace, a startup under the ‘Make in India’ campaign is manufacturing 1000 drones for the agriculture sector that would be launched by Prime Minister Narendra Modi.Drones will help farmers optimize both farm productivity and profitability. The startup is aiming to help farmers to move past the manual spraying of pesticides, water, fertilizer on crops in order to save time, water, resources and to boost the agriculture industry. “Our founder met with Prime Minister Narendra Modi, presented him with our plan to manufacture 1000 drones next month. He (PM) agreed to launch the event…With the help of drones, we’ll be able to save time, water, resources and get past manual spraying,” said Ram Kumar, Vice President, Garuda Aerospace “Spraying through drones has many advantages first is spraying manually takes three to four hours to cover an acre but by using…

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Rajnath Singh : Defence India Startup Challenge

New Delhi [India]: Three years after the launch of Defence India Startup Challenge 1.0 (DISC), Innovations for Defence Excellence (iDEX), Defence Innovation Organisation (DIO) will launch DISC 5.0 in New Delhi on August 19. iDEX provides a platform for different stakeholders in the defence and aerospace sectors, essentially acting as an umbrella organisation to oversee technology development and potential collaborations in the specific field. With initiatives such as DISC and Open Challenges, iDEX is able to utilise the strong science, technology and research talent base of the country to develop new capabilities in defence innovation. DISC 5.0 will have more challenges than the first four DISC editions taken together.Problem Statements received from the Services and Defence Public Sector Undertakings (DPSUs) under DISC Round 5 will be launched by Defence Minister Rajnath Singh, informed an official release by the Ministry of Defence. iDEX had been…