TDB Sanctions ₹200 Crore RDI Funding to Agnikul Cosmos for Agnibaan RLV
The Technology Development Board (TDB) has committed ₹200 crore to Chennai-based private space-tech firm Agnikul Cosmos to develop the Agnibaan Reusable Launch Vehicle (RLV). Routed through Optionally Convertible Debentures under the Research Development and Innovation (RDI) Fund, the assistance aims to advance the full-system reusable launcher from TRL-4 to operational readiness at TRL-8.