Vikram-1
Prelims:
Science
and Technology, Government Policies and Initiatives
Mains:
GS
Paper III-Science and Technology
Current relevance:
Skyroot Aerospace is preparing to
launch Vikram-1 under Mission Aagaman, making it India's first
privately developed orbital launch vehicle.
Highlights:
About Vikram-1:
1.
Vikram-1 is India's first privately developed
orbital launch vehicle, developed by Skyroot Aerospace.
2.
It is capable of placing payloads of up to 350
kg into Low Earth Orbit (LEO).
3.
The launch vehicle features an all-carbon composite
structure, solid-fuel boosters, and a 3D-printed liquid engine.
4.
It is designed for commercial satellite launches,
strengthening India's indigenous launch capabilities and expanding private
sector participation in the space industry.
5.
It will be launched under Mission Aagaman,
carrying multiple customer payloads into Low Earth Orbit (LEO).
6.
Aim: To validate India's indigenous commercial orbital
launch capability and showcase the success of India's space sector reforms.
Space
Sector Reforms Supporting Private Participation:
1.
Indian
Space Policy, 2023
Opened the entire space value chain to private players,
promoting innovation, investment, and international collaboration.
2.
IN-SPACe
Acts
as a single-window regulator, enabling private participation and
facilitating access to ISRO's facilities and technologies.
3.
NewSpace
India Limited (NSIL)
ISRO's
commercial arm, responsible for commercial launch services, satellite
solutions, and technology transfer.
4.
Liberalised
FDI Policy
Permits
higher automatic FDI in the space sector to attract investments,
advanced technology, and boost private participation.