By Venkatachari Jagannathan
Chennai, May 20 (Ians) Private sector rocket maker Skyroot Aerospace has raised $11 million recently from a clutch of investors and is targeting a launch to orbit for its Vikram-1 rocket in 12 months, said a top company official.
"We are aggressively targeting a launch to orbit in 12 months. Other than unavoidable delays due to the lockdowns, most of our development is on track," Pawan Kumar Chandana, Co-Founder and CEO, told Ians.
"Our third stage (simply put rocket's third engine) is nearing completion and other two stages are in various phases of manufacturing. We plan to go for full stage level testing soon," Chandana added.
The full scale solid fuel stage will be tested at Isro's rocket port in Sriharikota in Andhra Pradesh, Chandana had told Ians earlier.
Skyroot has signed an agreement with Indian Space Research Organisation (Isro) to use the latter's facilities in its rocket development, testing and qualifying the rocket.
Chennai, May 20 (Ians) Private sector rocket maker Skyroot Aerospace has raised $11 million recently from a clutch of investors and is targeting a launch to orbit for its Vikram-1 rocket in 12 months, said a top company official.
"We are aggressively targeting a launch to orbit in 12 months. Other than unavoidable delays due to the lockdowns, most of our development is on track," Pawan Kumar Chandana, Co-Founder and CEO, told Ians.
"Our third stage (simply put rocket's third engine) is nearing completion and other two stages are in various phases of manufacturing. We plan to go for full stage level testing soon," Chandana added.
The full scale solid fuel stage will be tested at Isro's rocket port in Sriharikota in Andhra Pradesh, Chandana had told Ians earlier.
Skyroot has signed an agreement with Indian Space Research Organisation (Isro) to use the latter's facilities in its rocket development, testing and qualifying the rocket.
- 5/20/2021
- by Glamsham Bureau
- GlamSham
Bengaluru, Jan 18 (Ians) Health and fitness startup Cure.fit on Monday announced it has acquired Onyx, a US-based fitness company that is building the worlds smartest digital training experience, for an undisclosed sum.
Onyx specialises in body tracking technology and personalisation of workout feedback and the acquisition would help Cure.fit improve its computer vision technology for its at-home fitness product and expanding its international business.
"Onyx will accelerate our efforts towards building a hardware agnostic AI-led platform that offers guided content on physical & mental wellness and nutrition all at the same place," said Mukesh Bansal, Co-founder, Cure.fit.
Onyx was recently featured as "App of the Day" on Apple's App Store and has seen rapid user growth over the course of the last year.
Cure.fit recently launched in the US with its energy-meter tech wherein, the phone camera tracks users' movements as they try to follow guided content from trainers.
Onyx specialises in body tracking technology and personalisation of workout feedback and the acquisition would help Cure.fit improve its computer vision technology for its at-home fitness product and expanding its international business.
"Onyx will accelerate our efforts towards building a hardware agnostic AI-led platform that offers guided content on physical & mental wellness and nutrition all at the same place," said Mukesh Bansal, Co-founder, Cure.fit.
Onyx was recently featured as "App of the Day" on Apple's App Store and has seen rapid user growth over the course of the last year.
Cure.fit recently launched in the US with its energy-meter tech wherein, the phone camera tracks users' movements as they try to follow guided content from trainers.
- 1/18/2021
- by IANS
- GlamSham
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