In October 2026 I wrote a LinkedIn post analysing the Indian private space sector’s shift from launch capability to a recurring applications layer that drives sustained revenue.
Skyroot raised roughly $150 million in equity and became the first Indian private company to reach orbit, making India the third country with a private firm capable of orbital launches.
Global launch revenue was around $12 billion in 2025, inside a total space economy of about $429 billion.
I concluded that equity and government contracts should be treated as complementary risk‑mitigation tools, and capital should focus on the applications layer because its revenue is recurring and tied to sovereign needs.
- Treat equity and government contracts as complementary risk‑mitigation tools.
This analysis builds on the broader October 2026 LinkedIn context previous posts.
- Focus capital on the applications layer rather than launch services.