Abyom SpaceTech’s Post

Congratulations to Abyom SpaceTech, a Hyderabad-based space tech startup supported by Ministry of Electronics and Information Technology under the #TIDE Scheme, for raising $2.5 million from SCOPE Ventures as part of its $5.4 million seed funding round! Founded in 2020, Abyom is pioneering reusable rockets and launch vehicles (RLVs) to revolutionize satellite launch services. Their innovative solutions aim to: ✅ Cut costs ✅ Increase launch frequency ✅ Promote sustainable space exploration By making satellite deployment more accessible for industries like telecommunications, agriculture, and defense, Abyom is paving the way for a more connected and efficient future. Their reusable rockets, designed for multiple launches, not only reduce costs but also tackle the critical issue of space debris. We’re proud to support startups like Abyom in shaping the future of sustainable space technology. Keep soaring higher! More Info - https://abyom.com/ Ashwini Vaishnaw | Jitin Prasada | S Krishnan | Akash Tripathi, IAS | Krishan Kumar Singh | Panneerselvam ( PS ) Madanagopal | Ministry of Electronics and Information Technology | Digital India Programme | MyGov India | Omkarnath Suprabhat Rath | Surya Kant #MeitYStartupHub #DigitalIndia #MyGov #ViksitBharat2047 #SpaceTech #MeitYStartupHub #TIDE #FundingAlert #Innovation #SustainableSpace