Indian Spacetech Firm Agnikul Cosmos Raises $17 Million to Expand Small Satellite Launch Operations

Agnikul Cosmos, an Indian space technology company, has secured a significant $17 million investment, boosting its valuation to $500 million. This funding will fuel the company’s ambitions of scaling up its reusable small satellite launch vehicles. The increase in financial support marks a pivotal moment for India’s burgeoning spacetech industry and positions Agnikul as a key player in this rapidly evolving sector.