IIT graduate Pawan Kumar Chandana quit ISRO to start a Rs 1300 Cr space company

Relating to area exploration, only a few folks have the privilege of etching their names as pioneers, reshaping the trajectory of technological development. Pawan Kumar Chandana, an alumnus of IIT-Kharagpur and former scientist at ISRO is one in all them.

His journey, a compelling narrative of dedication and imaginative and prescient, unfolds as a narrative of cosmic proportions. It stands as a testomony to this spirit of innovation and ambition.

Armed with a Bachelor’s diploma in mechanical engineering and a Grasp’s diploma in thermal science and engineering, Pawan Kumar Chandana devoted six impactful years to ISRO, contributing considerably to India’s area odyssey.

© Instagram/Skyroot Aerospace

His prowess got here to the forefront on the Rocket Design Centre (VSSC), the place he performed an integral position in crafting the GSLV Mk-III, India’s largest indigenous rocket. Amidst this monumental endeavour, Pawan’s stellar efficiency earned him two innovation awards.

Pushed by an insatiable thirst for exploration, Pawan launched into a journey that might redefine the contours of India’s area capabilities. Collaborating with fellow IITian and ex-ISRO colleague Naga Bharat Daka, he co-founded Skyroot Aerospace, marking the genesis of India’s premier personal area firm.

© Instagram/Skyroot Aerospace

The saga of Skyroot Aerospace unfolded with the creation of Vikram-S, India’s maiden personal rocket—an accomplishment that reverberated by means of the corridors of aerospace innovation. Fueled by strategic collaboration with ISRO for important companies, the Vikram-S rocket, designed fully in-house, soared into the skies from Sriharikota on November 18, 2022, carrying three small satellites.

Pawan’s entrepreneurial acumen bore fruit as Skyroot Aerospace secured cumulative funding of $95 million, together with a current pre-Collection C funding of Rs 225 crore ($27 million) from Temasek. The corporate’s valuation skyrocketed to roughly Rs 1,304 crore (round $165 million) in the course of the Collection B spherical in 2022, underscoring its pivotal position in India’s burgeoning personal area sector.

Because the sector is poised to achieve an estimated market worth of $100 billion by 2040, Pawan Kumar Chandana’s Skyroot Aerospace emerges as a driving power, propelling India into the forefront of world area exploration.

Who is aware of, it’d even grow to be India’s model of SpaceX, giving stiff competitors to the area firm led by Elon Musk that’s price a whopping $150 billion.


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