IIMA Ventures
@IIMAVentures
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Supporting startups across the Innovation Continuum of incubation, acceleration, insights and capital.
Gujarat, Rajasthan, MP & Assam
Joined May 2010
True democratisation will happen when $/T for a 500kg payload inches to $1M/T. The SSLV-D2 mission had a satellite- AzaadiSAT-2 by Space Kidz India weighing 8.7kg. SSLV-D3 had a satellite weighing 0.2kg by Space Kidz India. Enabling Kids’ Accessing to Space, delivered by ISRO.
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SSLV's exact competition isn't Falcon 9.It is a company named Electron. SSLV aims to commercialise at - $4M per launch.Electron does it at $7M per launch. SSLV is a solid fuel & modular design that can be assembled in 4 days. Electron is liquid fueled & takes 16 days to assemble.
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Today if you want to put a 100kg satellite to LEO via SpaceX - the next slot is in Feb 2027. Hence SSLV will democratize in its true sense.
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Small launchers provide many adv:. >A small launcher is much cheaper than using a large launcher to launch a single small satellite. >A dedicated launch, instead of having to share a launch which reduces your choice of final orbits. >A dedicated launch provides on-demand services.
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You may wonder why do we need small-launch vehicles when you have medium and heavy-lift launch vehicles that deliver?.It's like none expects a Cessna 560 when you have an A320. Side Note: The world has 1000+ Cessna 560 flying the HNIs & UHNIs.
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This is where ISRO enters the conversation. ISRO is building SSLV (Small Satellite Launch Vehicle). Democratising Space. On Demand. Low Cost. $/T for Falcon 9-$6.4M.$/T for ISRO SSLV-$8.4M. Falcon 9 doesn't fly till 22.8T of payload is booked. SSLV flies with 0.5T. Yes, 500kg!.
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5 factors that effect $/T.>Cost of Refurbishment.>Recovery Payload Reduction.>No of Flights per Year.>Core Rocket Components.>R&D talent (HFT firms, FAANG are always on the lookout for Math talent). $/T - research capability of the ecosystem.T/Year - demand of the ecosystem.This.
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Recapping what we told you - Dollar/Tonne has gone down by 99.7%. Reusability + Core Innovation has enabled that. We told you about factors that impact reusability. Not as simple as it looks. Give that thread a read.
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Reason- Controlled explosions help you understand how shockwaves propagate underground- this helps you understand the structure with nuance.
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A lil recap of what we talked about last week.But before that. Did we tell you that Apollo 11 took 4 grenades to the moon?. We read the Apollo Lunar Surface Experiments Package manual (ALSEP) & found that they took 4 darn grenades. Guess why?.Bookmark, you dont want to miss it!🧵
>We have been relentlessly reading about & tracking SpaceTech in India. >We read crazy resources from the Apollo Lunar Surface Experiments Package manual (ALSEP) to the explanations by a scientist working on Mars Rover. >You don't want to miss this. RT & Bookmark. Buckle up! 🧵.
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Today if you want to put a 100kg satellite to LEO via SpaceX - the next slot is in Feb 2027. Hence SSLV will democratize in its true sense.
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Small launchers provide many adv:. >A small launcher is much cheaper than using a large launcher to launch a single small satellite. >A dedicated launch, instead of having to share a launch which reduces your choice of final orbits. >A dedicated launch provides on-demand services.
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You may wonder why do we need small-launch vehicles when you have medium and heavy-lift launch vehicles that deliver? .It's like none expects a Cessna 560 when you have an A320. Side Note: The world has 1000+ Cessna 560 flying the HNIs & UHNIs.
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This is where ISRO enters the conversation. ISRO is building SSLV (Small Satellite Launch Vehicle). Democratising Space. On Demand. Low Cost. $/T for Falcon 9-$6.4M.$/T for ISRO SSLV-$8.4M. Falcon 9 doesn't fly till 22.8T of payload is booked. SSLV flies with 0.5T. Yes, 500kg!.
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5 factors that effect $/T.>Cost of Refurbishment.>Recovery Payload Reduction.>No of Flights per Year.>Core Rocket Components.>R&D talent (HFT firms, FAANG are always on the lookout for Math talent). $/T - research capability of the ecosystem.T/Year - demand of the ecosystem.This.
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Recapping what we told you - Dollar/Tonne has gone down by 99.7%. Reusability + Core Innovation has enabled that. We told you about factors that impact reusability. Not as simple as it looks. Give that thread a read.
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Reason- Controlled explosions help you understand how shockwaves propagate underground- this helps you understand the structure with nuance.
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>Tomorrow we’ll tell you how ISRO’s tech is truly democratizing Access to Space. >SpaceX has enabled the category but ISRO’s IP will democratize it. >Take our word for it. ISRO can change the rules of the game with SSLV. Happy National Space Day.
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>The breakeven point is 10 flights per year. >More # flights improve the unit economics.
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Flight Rate - No of Flights per year is crucial for the economics of reusability. >If recovery hardware is added & the cost of refurbishment is high and vehicle flies only 5-6 times, then it is better to use an expendable rocket. >Any guesses on breakeven point for reusability?.
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