India, Dec. 23 -- Technology Development Board (TDB), under the Department of Science & Technology (DST), has sanctioned financial support to Agnikul Cosmos, a Chennai-based space tech startup, for the development and commercialisation of its innovative launch vehicle, Agnibaan.

Agnibaan is a highly customisable, two-stage launch vehicle capable of delivering payloads of up to 300 kg to orbits at 700 km altitude. With its scalable design, the vehicle aims to make satellite launches more accessible, efficient, and affordable.

Key features of the Agnibaan project include:

Agnikul Cosmos, incubated at IIT-Madras, has achieved a historic milestone with the successful maiden launch of Agnibaan SOrTeD, the world's first flight using a single...