Space Zone India self-funded India's 1st reusable hybrid rocket
Technology
Space Zone India (SZI), a Chennai-based startup, just made history by creating India's first reusable hybrid rocket, all without outside funding.
Founded in 2018 by Anand Megalingam, SZI has poured its own earnings into R&D and pulled off big milestones like AKSLV and RHUMI-1.
Their rockets are designed to be more affordable and easier to operate than traditional ones, thanks to their homegrown testing setup.
SZI seeks investors, eyes defense applications
With a team of more than 30 engineers and researchers and flight-proven tech, SZI is gearing up to join the global space race, where the industry could hit $1.8 trillion by 2035.
They're also looking at defense uses and are in talks with investors to scale up manufacturing and launches.