KTR Congratulates Skyroot Aerospace on Becoming India’s First Space-Tech Unicorn!

K. T. Rama Rao congratulated Skyroot Aerospace after the Hyderabad-based startup emerged as India’s first space-tech unicorn. The company created history by crossing a valuation of over $1 billion, becoming one of the most successful startups in the Indian space technology sector. KTR described the achievement as a proud moment for Telangana’s startup ecosystem and praised the Skyroot team for reaching such a remarkable milestone in a short span of time.

Founded in Hyderabad and incubated at T-Hub, Skyroot Aerospace has become a symbol of India’s growing innovation capabilities in the global space industry. KTR said the company’s success reflects the immense potential of Indian talent and entrepreneurial ambition. He extended his best wishes to co-founders Pawan Kumar Chandana and Naga Bharath Daka along with the entire Skyroot team, expressing confidence that they would continue making Telangana and India proud on the international stage.