Agnikul Cosmos Plans Rs 510 Crore Facility in Tirupati District
The Chennai space startup signed an MoU with Andhra Pradesh for a proposed unit to build orbital data centre platforms.
Key Takeaways
- Agnikul Cosmos plans to invest Rs 510 crore in a proposed facility in Tirupati district, Andhra Pradesh.
- It signed an MoU with the Andhra Pradesh government on November 13, 2026, at the CII Partnership Summit in Visakhapatnam.
- Agnikul said the unit would build space-based orbital data centre platforms and support equatorial and low-inclination launches.
- The proposal is expected to create 350 jobs.
- CEO Srinath Ravichandran said the next launch is expected in the first half of next year.
Table of Contents 6 sections
Chennai-based space startup Agnikul Cosmos plans to invest Rs 510 crore in a proposed facility in Tirupati district, Andhra Pradesh. The company signed a memorandum of understanding (MoU) with the Andhra Pradesh government on November 13, 2026, at the 31st CII Partnership Summit in Visakhapatnam.
Agnikul said the unit would build space-based orbital data centre platforms and support equatorial and low-inclination launch operations. The facility is also planned to make rocket hardware, and the proposal is expected to create 350 jobs.
Agnikul Cosmos's Tirupati plan at a glance
| Detail | Value |
|---|---|
| Company | Agnikul Cosmos, Chennai |
| Proposed investment | Rs 510 crore |
| Agreement | MoU with the Andhra Pradesh government |
| Date signed | November 13, 2026 |
| Where signed | 31st CII Partnership Summit, Visakhapatnam |
| Location of facility | Tirupati district, Andhra Pradesh |
| What it will build | Orbital data centre platforms and rocket hardware |
| Proposed jobs | 350 |
| Status | Proposed |
How Agnibaan's upper stage ties into Agnikul's data centre plan
Agnikul Cosmos designs and builds launch vehicles for small satellites. Its launch vehicle, Agnibaan, uses 3D-printed engines. The company said Agnibaan is reusable and that its patented, extendable upper stage can become a platform that hosts data centres.
Bengaluru-based NeevCloud is working with Agnikul on an AI data centre to be launched into orbit.
| When | What happened |
|---|---|
| 2017 | Agnikul Cosmos was founded in Chennai and incubated at IIT Madras |
| May 2024 | Agnibaan SOrTeD lifted off from Agnikul's own launchpad at Sriharikota |
| November 2025 | Agnikul raised about Rs 150 crore at a valuation of $500 million |
| February 2026 | Agnikul and NeevCloud announced a partnership to put an AI data centre in space |
| November 13, 2026 | Agnikul signed an MoU with Andhra Pradesh for a proposed Rs 510 crore facility in Tirupati district |
Agnikul on building orbital data centre units in Andhra Pradesh
"Humbled to sign an MoU with the Govt. Of Andhra Pradesh to invest in a unit that would build space-based orbital data center platforms and enable end-to-end support for equatorial and low inclination launch operations."
"We want to have a facility to build orbital data centre units so that the upper stage of our rocket can extend to be its own data centre platform, and this will be a separate centre for that"
"What we are telling them is to build the GPU stack and bring it to us, so that we can easily integrate it here with the upper stage of our launch vehicle"
What Srinath Ravichandran said about Agnikul's next launch
Agnikul co-founder and CEO Srinath Ravichandran said the company's next launch is expected in the first half of next year.
"Our next launch is expected to be during the first half of next year. It will showcase our reusable launch vehicle and unique upper-stage technologies"
Where Agnikul Cosmos stands after the Andhra Pradesh MoU
Agnikul Cosmos has signed an MoU to invest Rs 510 crore in a proposed facility in Tirupati district, with 350 jobs expected. Andhra Pradesh Chief Minister N Chandrababu Naidu said at the summit that the state has set aside 5,000 acres near Tirupati for the space sector.
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Frequently Asked Questions
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