Aerospace Partnership Could Mean Commercial Satellite Rocket Test Launches by 2022
Agnikul Cosmos is developing a small rocket, called Agnibaan, that has the ability to carry 100kg satellites into low earth orbit. Currently, small satellites are carried as ‘piggyback luggage’ by bigger rockets, and thus there is significant wait time for them to be put into orbit. The Agnibaan rocket is three-engine and 18m tall, with a plug-and-play engine configuration that’s customizable for clients’ needs. The company’s idea is to move the small satellite launch market towards a customer-centric business model. It aims to be able to build a rocket in two weeks, and it be launchable from any launch site around the world; thanks to its size, it’s transportable on an 18-wheeler, and comes with a unique launch pedestal. If it’s accomplished, the end result would be easier commercial space access for everyone.
Agnikul Cosmos and Alaska Aerospace Corporation will work to secure regulatory approvals (e.g. launch licensing from the U.S. Federal Aviation Administration (FAA), U.S. export control, and the necessary clearances from Indian authorities). The aim is to explore launch vehicle-spaceport interfaces and procedures, and conduct test launches from PSCA. These launches are anticipated to occur from 2022 and onwards.
Are you developing a new invention? Did you know your R&D experiments could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.
Who We Are:
Swanson Reed is one of the U.S.’s largest Specialist R&D tax advisory firms, offering tax credibility assessments, claim preparation, and advisory services. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.
Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs and CFPs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.