Skyroot becomes India space unicorn but private launchers face technology transfer storms ahead

Unicorn status is earned, but rules could stall launches

Hyderabad based Skyroot Aerospace has become India’s first space launch vehicle unicorn as it gears up for the Vikram 1 rocket. The milestone signals momentum for India’s private space ecosystem, with big economic upside. Yet unclear government decisions on technology transfer could determine whether firms like Skyroot and Agnikul Cosmos accelerate or hit regulatory fog.