Indrajeet Singh Ranawat’s Post

SpaceX made history on October 13, 2024, by successfully catching a rocket booster mid-air for the first time. This achievement occurred during the fifth test flight of the Starship, where SpaceX’s Super Heavy booster was caught by mechanical arms, nicknamed “Mechazilla,” after its launch from Starbase in Texas. The capture marks a milestone in the pursuit of rapid rocket reusability, a key goal in making space travel more efficient and cost-effective. This innovation is part of SpaceX’s broader vision of supporting space exploration, including missions to the Moon and Mars. #startups #business #keyangle #spacex #spacexlaunch #entrepreneur #spacexlanding #fintech #spacexnews #StartupVibes, #Billionaire, #vc #venturecapitalist, Keyangle, #keyangle #AfricanEntrepreneur, #startup , #BusinessMotivation , #YoungEntrepreneur ,#technews #techupdates #tech, #digitalmarketing #smm #ai #artificialintelligence #billionaires #angelinvestor #motivation

From $0 in 2002 to a staggering $210 billion in 2024, SpaceX has become one of the most profitable startups globally. Some #investors even believe it could grow into a $1 to $2 trillion company!👨🚀🚀 Recently, SpaceX made history yet again! During the fifth test flight of its Starship rocket, they successfully caught the Super Heavy booster mid-air at their Starbase facility in Texas. Yes, they caught a rocket in mid-air! SpaceX’s journey shows us that true #innovation takes time, vision, and learning from failures. Today, they hold a near-monopoly on commercial spaceflight. #startups #entrepreneurship #automation #AI #SpaceTech

🚀 🌌 Europe's-The Exploration Company Raises $160M to Challenge SpaceX    Big news from the space tech world! 📢 The Exploration Company (TEC), a European startup, has secured a $160M Series B led by Balderton Capital and Plural, pushing its total funding to nearly $230M.  Their mission? To develop Nyx, a reusable, in-orbit refillable space capsule capable of carrying people and cargo to any space station via any heavy launcher. This ambitious project positions TEC as a serious competitor to SpaceX's Dragon capsule.  📈 Why This Matters:  1️⃣ TEC has secured major service contracts with space agencies and commercial clients over the past year.  2️⃣ The startup joins a booming sector: $7.7B has been raised by space startups in 2024 alone, already surpassing last year’s total.    3️⃣ Innovations like Nyx highlight Europe's growing presence in space tech.  As space startups attract big funding — Cedar Park's Firefly Aerospace recently raised $175M — it’s clear the race to redefine space transportation and exploration is accelerating.  🌍 What’s Next?    With the global push for reusable tech and interplanetary ambitions, TEC's groundbreaking Nyx capsule is a step toward a sustainable and competitive space industry. 🚀 💬 Let’s talk:   How do you see TEC shaping the future of space exploration? Is this a turning point for Europe in the space race?  Read the full article on Crunchbase by Chris Metinko here 👇 https://lnkd.in/dmYWPKD9 #SpaceTech #Startup #Funding #TheExplorationCompany #SeriesBFunding #NyxCapsule #ReusableTech #Innovation #SpaceX #BaldertonCapital #Plural #SpaceExploration #Crunchbase #VentureCapital #DeepTech #SpaceStartups #Future #innovation #tech #entrepreneurship #investor #investment

EtherealX, an Indian space business, has secured $5 million in a seed investment round to support the development of entirely reusable medium-lift launch vehicles. The company aims to make satellite launches more cost-effective and time-efficient. The number of space launches has significantly increased in recent years. Nevertheless, regardless of the number of participants, launches still entail significant traveling expenses and substantial waiting durations. EtherealX seeks to address this issue by introducing a novel medium-lift vehicle that is entirely reusable. Founded in 2022 by Manu J. Nair, Prashanth S., and Shubhayu S., At EtherealX, they design, develop, and build next-generation launch vehicles and spacecraft. The company was founded to significantly reduce space transportation costs, enable quick scientific growth, and foster civilizational progress. To share your startup information write us on - [email protected] Read also - https://lnkd.in/gSTJkwmR #funding #news #startup #latestupdate #spacetech #EtherealX #technology #spacecraft

Space tech is an incredibly exciting industry, full of promises. Startups in this sector are making headlines, and it's a thrilling time to be part of this industry. I'm particularly proud to be an investor in Dhruva Space, a company that's been doing some remarkable work in the area. Working with giants like SpaceX, the best in the world, and ISRO, the best in the country, is a testament to its potential and capabilities. The collaboration with such esteemed organizations not only boosts their credibility but also accelerates their growth and innovation. And this is all just the beginning! The future of space tech is bright, with endless possibilities for exploration and development. I'm excited about the journey ahead and the groundbreaking achievements we can expect in the coming years. Let me also take a moment to congratulate Dhruva Space and its CEO, Sanjay Nekkanti, for their outstanding work and dedication over the past four years. They are a relentless team, innovating by the minute. Here’s to Space tech and the incredible opportunities it brings! #startups #spacetech #spacex #isro #dhruvaspace #pixxel #innovation

Spacetech startup Dhruva Space raises $9M in funding Founder and CEO Sanjay Nekkanti stated that the capital infusion, including Rs 24 crore in debt, will assist the Hyderabad-based startup in establishing the initial phase of its 2.8 lakh sq ft spacecraft manufacturing facility in the city. #DhruvaSpace #SpacetechStartup #Spacetech #FundingNews #technews #SpaceEngineering #SatelliteManufacturing #SpaceInnovation #HyderabadStartup #SpaceIndustry #TechInvestment #BusinessNews #Keralanews #Kerala #BusinessReviewLive #BRL #Keralabusiness

The flurry of deals being announced in the space segment of A&D towards the end of Q2 continues with satellite manufacturer Apex raising $95 million in a Series B fundraising round led by XYZ Venture Capital with participation from Andreseen Horowitz, Toyota Ventures and other firms. Excerpts from my story for Aviation Week Network below: Apex positions itself as a specialized maker of satellite buses, which it calls “productized” because they allow customers to get to space faster than with traditional buses. The company was founded in 2022 by Ian Cinnamon, an entrepreneur whose startup Synapse Technology was acquired by Palantir in 2020 and SpaceX alumnus Maximilian Benassi. In the typically long and expensive custom satellite bus production process, they saw both a bottleneck and business opportunity. “The West cannot achieve the capabilities we need in space at the necessary scale and speed without a productized approach to powering and supporting satellites,” Cinnamon said in a June 12 statement, adding the new capital injection would allow the company to expand its product line and build the satellite buses “at industry-leading scale.” The $95 million investment in Apex follows the company’s March launch of its Aries satellite on the SpaceX Transporter-10 rideshare mission. With its new funding, Apex will be able both to speed up production of Aries and development of its larger satellite buses Nova and Comet. Aries is designed to support a top payload of 150 kg (331 lb.), Nova 300 kg and Comet 500 kg. Production of Nova is slated to begin in 2025. One potential challenge for Apex could be the preference of some customers like SpaceX for vertical integration. Yet most in the space sector do not have the resources of the Elon Musk-owned company. With interest rates persistently high and stubborn inflation, there are advantages to using a wide variety of suppliers. #space #satellite #spacex #elonmusk #venturecapital #investing #aerospace #startups #funding https://lnkd.in/e7e-6SVv

🚀 The Rise of India’s Spacetech Ecosystem: Pioneering a New Era of Innovation 🌌 With the recent approval of ambitious space programs like Chandrayaan-4, the Bharatiya Anatriksh Station, and the Venus Orbiter Mission, India is making bold strides in its space exploration efforts. While these initiatives focus on expanding the nation’s space frontier, the impact on the spacetech startup ecosystem is equally significant. The collaboration between ISRO and private players has opened up a plethora of opportunities for startups working on rockets, spacecraft, launch vehicles, imaging technologies, and more. Government initiatives such as 100% FDI in certain subsectors and the establishment of IN-SPACe as a nodal agency have created a fertile ground for innovation and growth. With India’s space economy projected to reach $77 billion by 2030, the startup ecosystem stands to benefit greatly from these new ventures, not just within India but globally. As ISRO continues to expand its reach, startups in the sector will play a crucial role in providing critical components and solutions, driving technological advancements and positioning India as a global space leader. This is just the beginning, and the future looks incredibly bright for India’s spacetech startups. 🚀 #Spacetech #Startups #Innovation #ISRO #IndiaSpaceMissions #Entrepreneurship #Growth #LexRangers #AIF

Emerging space startups in India are redefining the aerospace domain, bringing innovation and ambition to new heights. With the sector rapidly privatizing, these startups face immense pressure to balance cutting-edge research and development with limited resources. Our team is deeply invested in addressing these challenges. Currently, we are working on an exciting project aimed at enhancing thermal management systems for satellites. Effective and flexible thermal management is crucial for the success of these space missions, ensuring satellite components function optimally despite the harsh environment of space. By improving satellite thermal management, we aim to support the growing ecosystem of Indian space startups, enabling them to achieve more. #SpaceTech #Aerospace #SatelliteTechnology #Innovation #ThermalManagement #StartupIndia Special shoutout to the trailblazers in the Indian aerospace domain: @SkyrootAerospace, @Agnikul, @BellatrixAerospace, @Pixxel, and @DhruvaSpace. Keep reaching for the stars!

Over $5 million in new funding is closed by Longshot Space to create a space gun in the desert. A massive, miles-long "gun" would be a far more effective weapon than a rocket.  Longshot Space, a business that is radically reimagining how to transport mass into orbit, poses that query. The business is working on a kinetic launch technology that will send payloads into orbit by progressively accelerating them to hypersonic speeds. The startup, Longshot, is betting that its full-scale system can reach extremely low orbital costs compared to a rocket, as low as $10 per kilogram. This is a startling decrease from the $6,000 per kilogram cost of a ride-share on a SpaceX Falcon 9 rocket. However, the system will take up a lot of space. #LongshotSpace #SpaceGun #FundingNews #InnovationInSpace #SpaceTechnology #DesertLaunch #Aerospace #TechFunding #SpaceExploration #FutureOfSpace #InvestmentInInnovation #SpaceIndustry #NewFrontiers #RocketScience #SpaceStartups #FS #Startups #Foundingstartups