Key Points
Bengaluru: Indian startups building launch vehicles, satellites, as well as materials and systems for the space sector are charting big hiring plans as they accelerate expansion, propelled by a funding boom and enabling government policies...
Companies such as Skyroot Aerospace, Digantara, Pixxel, Agnikul Cosmos, Dhruva Space, SatSure and Manastu Space have aggressive plans to scale up headcount, in some cases even double and treble their team sizes, to stay ahead in the space race...
Hiring is happening across levels: from campuses and those with backgrounds in hardware, trajectory optimisation and orbital mechanics in the entry or junior levels; experienced hands in design, electronics, mechanics, engineering, robotics, artificial intelligence, aerospace, propulsion, avionics, and satellite technology at the mid-level; as well as for strategic and leadership positions...
According to a recent report from market intelligence firm Tracxn, the Indian spacetech startup ecosystem home to 100-plus spacetech startups received $126 million in funding in 2023, the highest on record in a year, compared with $118 million in 2022 and $37.6 million in 2022..
Agnikul plans to increase its 250-strong workforce by 25% in FY25, to strengthen its engineering and operations team and drive innovation, optimise processes, and support key projects, chief executive Srinath Ravichandran said.. Agnikul hired students from the Class of 2024 at institutes including the Indian Institute of Space Science & Technology and Indian Institutes of Technology..
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