Indian Space Startup Launches Country's Second Privately Built Rocket

FILE PHOTO: Agnibaan SubOrbital Technological Demonstrator (SOrTeD), vehicle is seen at Agnikul's Launchpad at Satish Dhawan Space Center in Sriharikota, India, November 28, 2022. Agnikul Cosmos Private Limited/Handout via REUTERS
FILE PHOTO: Agnibaan SubOrbital Technological Demonstrator (SOrTeD), vehicle is seen at Agnikul's Launchpad at Satish Dhawan Space Center in Sriharikota, India, November 28, 2022. Agnikul Cosmos Private Limited/Handout via REUTERS
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Indian Space Startup Launches Country's Second Privately Built Rocket

FILE PHOTO: Agnibaan SubOrbital Technological Demonstrator (SOrTeD), vehicle is seen at Agnikul's Launchpad at Satish Dhawan Space Center in Sriharikota, India, November 28, 2022. Agnikul Cosmos Private Limited/Handout via REUTERS
FILE PHOTO: Agnibaan SubOrbital Technological Demonstrator (SOrTeD), vehicle is seen at Agnikul's Launchpad at Satish Dhawan Space Center in Sriharikota, India, November 28, 2022. Agnikul Cosmos Private Limited/Handout via REUTERS

India's Agnikul Cosmos launched its Agnibaan rocket for the first time on Thursday, powered by the only Indian rocket engine to use both gas and liquid fuel in the country's second flight of a privately built rocket.
The Agnibaan's first flight had been called off four times in the last two months because of technical issues. The most recent cancellation was Tuesday, when launch was aborted five seconds before lift-off, Reuters reported.
The South Asian nation's space agency, the Indian Space Research Organization (ISRO), has not successfully flown a rocket with a so-called "semi-cryogenic" engine.
"A major milestone, as the first-ever controlled flight of a semi-cryogenic liquid engine realized through additive manufacturing," ISRO said on social media platform X.
Agnibaan is a customizable, two-stage launch vehicle that can carry a payload of up to 300 kg (661 lb) into orbit of about 700 kilometers (435 miles).
The suborbital flight on Thursday was meant to test the new engine and 3D-printed parts; the company did not immediately say how long the test lasted or what altitude the rocket reached.
Pawan K Goenka, chairman of space regulator Indian National Space Promotion and Authorisation Center (IN-SPACe), also hailed the "historic moment". The Indian Space Association (ISpA) said the launch would "bolster global confidence" in the country's private space industry.
India Prime Minister Narendra Modi has been pushing for the privatization and commercialization of the country's space sector in the last few years.
India's first privately developed rocket, from the company Skyroot, flew in 2022.
Agnikul, whose name is derived from the Hindi and Sanskrit work for fire, was founded in 2017 and runs India's first private launchpad and mission control center. All other launchpads are operated by ISRO.



ROSHN Group Sets Guinness World Record for Largest Real Estate Training Event

The event, held during ROSHN Group’s quarterly sales meeting, gave executive insights in the Kingdom’s evolving real estate sector and reviewed the group’s strong performance in 2024. SPA
The event, held during ROSHN Group’s quarterly sales meeting, gave executive insights in the Kingdom’s evolving real estate sector and reviewed the group’s strong performance in 2024. SPA
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ROSHN Group Sets Guinness World Record for Largest Real Estate Training Event

The event, held during ROSHN Group’s quarterly sales meeting, gave executive insights in the Kingdom’s evolving real estate sector and reviewed the group’s strong performance in 2024. SPA
The event, held during ROSHN Group’s quarterly sales meeting, gave executive insights in the Kingdom’s evolving real estate sector and reviewed the group’s strong performance in 2024. SPA

ROSHN Group, the Kingdom’s leading multi-asset class real estate developer and a Public Investment Fund (PIF) company, issued a press release announcing it has set a new Guinness World Record for the largest real estate training session, SPA reported.
Bringing together more than 280 sales employees, the record-breaking event session focused on sharing real estate best practices and emerging trends, reinforcing ROSHN’s commitment to innovation and excellence in serving its customers.
The event, held during ROSHN Group’s quarterly sales meeting, gave executive insights in the Kingdom’s evolving real estate sector and reviewed the group’s strong performance in 2024.
With multiple landmark launches and notable achievements realized this year, ROSHN Group continues to expand its footprint and contribute to reshaping the urban landscape in the Kingdom, said the release.
“This accomplishment highlights the collaborative efforts and dedication of our team in advancing excellence in the real estate sector,” said ROSHN Group’s Chief Sales Officer Jason Margetts.
He added: “Equipping our workforce with the knowledge and tools to succeed strengthens our contribution to the evolution of real estate in Saudi Arabia.”