And with $160MM in funding at a $1.1B valuation? I don't know about their debt, but to get to LEO in 8 years on that little money is extremely impressive.
I wonder what their cost-per-launch will end up being?
Can they compete with reusable American rockets for $/kg by just building disposable but very cheap rockets?
After all, plenty of other disposable things have outcompeted non disposable versions... Diapers... Pens... Lighters... Vapes...
If you do all the work in India, you have low materials costs and low labour costs.
> And with $160MM in funding at a $1.1B valuation? I don't know about their debt, but to get to LEO in 8 years on that little money is extremely impressive.
Interestingly that's $5 million less than the the movie Interstellar cost to make.