Agnikul Cosmos Receives Rs 200 Crore for Launch Vehicle Project
On September 25, 2026, Agnikul Cosmos received Rs 200 crore from the Technology Development Board to advance its Agnibaan reusable launch vehicle project. This funding aims to elevate the project from TRL 4+ to TRL 8, focusing on full-system reusability and enhancing India’s space capabilities.
The Technology Development Board (TDB) of India's Department of Science and Technology has signed an agreement with Chennai-based Agnikul Cosmos, announcing Rs 200 crore in financial support on September 25, 2026. This funding is intended for the development of the Agnibaan RLV, a launch vehicle designed for full reusability. Supported by the Research Development and Innovation (RDI) Fund, the initiative focuses on home-grown technologies that provide repeatable access to space. The project aims to advance the system from Technology Readiness Level (TRL) 4 and above to TRL 8. By achieving full reusability, the project seeks to lower the costs of space launches while also reducing the amount of debris left in orbit.
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