‘Launch of satellites by private sector is a great success’

Hyderabad, Nov 26 (FN Representative) Telangana Chief Minister K Chandrashekhar Rao expressed happiness over successfully placing into the space orbit the two Nano satellites launched from Srihari kota by the Telangana based “Dhruva” Space Tech, an Hyderabad based private startup’ organization on Saturday. In a statement, Mr Rao said that the successful launch of two nano satellites- ‘Thybolt 1 and Thybolt 2’ sent by Hyderabad startup company along with ISRO’s PSLV-C54 is a milestone in the history of the country’s enterprising startups. The Chief Minister said that the launch of the satellites by the private sector is a great success. He said that Telangana startup company and T- Hub member ‘Sky root’ created an history, with the success of the recently launched ‘Vikram-S’ satellite, as the first private company to launch satellite, in the country.

With these experiments, Hyderabad Start- up companies opened doors in the Indian space sector, he said that the success of recent launch of “Vikram S” and today’s launch of “Thybolt 1 and Thybolt 2” gave a good start to the launch of private rockets aimed at increasing India’s share in the global space economy. The Chief Minister said that these two successful satellite experiments brought the laurels to Telangana worldwide. CM KCR said that Hyderabad’s prominence as a startup city doubled through these satellite launches. This is just a beginning , the CM said he is confident that the T Hub, which has been started with an aim of bringing out the talent of enthusiasts and create opportunities in the fields of science and technology and industry, will achieve many more milestones in the future. Mr Rao congratulated the representatives of ‘Skyroot’ and ‘Dhruva’ space start-ups who, with the encouragement of T-Hub, created satellites through their start-up companies and successfully launched them. With the same spirit, the CM called the youth to spend their intellectual wealth for the Country’s progress and work for India development. The Chief Minister made it clear that Telangana government will always stand by the young men and women who are showing their talent to the world and making their brilliant ideas a reality through their start ups. On this occasion, Mr Rao congratulated young leader and state IT and Industries Minister KT Rama Rao and senior officers and staff of T- hub for working hard to bring out the talents of the young men and women who are passionate of science and technology.