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Can I start my own space agency in India?

Posted on August 24, 2022 by Author

Can I start my own space agency in India?

Antrix is a company owned by the Government of India and is under the administrative control of the Department of Space. If a foreign entity wishes to launch out of India, they have to form a contract with Antrix in order to obtain launch services. Contracts with Antrix form the launch agreement.

Is there any Indian working in SpaceX?

Elon Musk’s satellite manufacturing company SpaceX has announced two job opportunities in India. SpaceX’s satellite broadband arm Starlink is–‘ Director of Rural Transformation’ and ‘Executive Assistant’ and will be full-time employment, Sanjay Bhargava the country Director of the company announced in a LinkedIn post.

How do you start a private rocket company?

You start with a personal wealth of over a billion dollars and a desire to send rockets to space. That’s why private rocket companies are owned by Elon Musk, and Richard Branson (Virgin Galactic). These are the people who have enough money to do it, and also enough money that if their Space Ship companies go broke, they can afford the loss.

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How much does it cost SpaceX to launch a rocket?

Well, we have some good numbers for SpaceX – so let’s look at their example. They were founded in 2002, and had their first successful/useful rocket launch in 2008. NASA estimated that it cost $390 million dollars to get that far.

How to form a startup that competes with SpaceX?

To form a startup that competes with New Space companies such as SpaceX and VG will need to have a long term vision that is backup by a credible plan for attracting serious investors. Such a startup may want to have a goal of beating SpaceX to Mars establishing the first settlement.

How much money has been invested in space startups?

According to data from consulting firm Bryce Space and Technology, between 2012 and 2016—the most recent years available and roughly concurrent with SpaceX’s largest commercial successes to date—approximately $7.6 billion was invested in space startups. By comparison, only $1.1 billion was invested between 2000 and 2005.

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