He Quit ISRO To Start An Illegal Rocket Company | The SKYROOT Story ft. Pawan Kumar Chandana

Executive Summary
Skyroot Aerospace co-founder Pawan Kumar Chandana talks with Think School host Ganesh Prasad about why space has become a business opportunity, how Skyroot started in 2018 before private launches were legal in India, how a small-rocket launch company makes money, and what investors and young people should do about space. The guest's statements on launch costs, market size, revenue per launch and future space data centers are his own forecasts and claims, not independently checked, and the speculative parts about AI computing in space are presented as his view. Captions are automatic, contain errors and no named speakers; attribution follows the exchange. Topics are untimed; metadata follows YouTube. Think School lists Odoo as a sponsor in the description. Source: https://youtubetotranscript.com/transcript?v=tM42lU5Glp0
Key Takeaways
Why launch has become a boom industry
Chandana says demand for communication and Earth observation satellites has risen while costs fell, citing solar panels dropping from about 200 to about 10 rupees per watt in 15 years. He says reusable rockets are bringing the same cost drop to launch.
How rockets beat gravity
He explains that rockets shed mass in stages as fuel burns, using solid fuel or kerosene, and newer rockets use methane and liquid oxygen. The host asks what happens if launch falls from about 2,700 dollars a kilogram toward 100.
His claim that computing will move to space
Chandana argues the future of compute is in space because there is more solar energy per area, no land cost and no water for cooling. He says launch costs must fall to a few hundred dollars per kilo first. This is his forecast and a speculative view, not an established fact.
From ISRO scientist to founder
He says he joined ISRO after IIT because he wanted to work on the hardest machine, a rocket, and credits its culture of scientific temper, attention to detail and open discussion of failure. He describes leaving a secure job in 2018, when no policy allowed private launches, because building a company felt like a calling.
Raising the first money
Chandana says he had no contacts or money and learned about term sheets by searching the web. A friend contacted investor Mukesh Bansal on LinkedIn; they met the next day and Bansal committed within an hour. He says the pitch was a bold leap of faith by two founders quitting safe jobs.
How Skyroot makes money
He describes the company as a logistics business, the Uber for space, serving small satellites below 300 kg that need unique orbits. He says a launch can earn up to 100 crore rupees and 20 launches would mean 2,000 crores. He contrasts this niche with SpaceX, which serves common orbits at huge scale.
Where investors and young people should look
He names launch, in-space services such as refuelling and debris removal, and space computing as areas for investors, and says investors should judge the founders because rocketry cannot be tested by outsiders. For a 23-year-old he suggests starting something, learning from open sources and building deep tech. His views on new policy and national priorities are his own.
The Conversation Breakdown
Why launch has become a boom industry
⏱ Untimed topicChandana says demand for communication and Earth observation satellites has risen while costs fell, citing solar panels dropping from about 200 to about 10 rupees per watt in 15 years. He says reusable rockets are bringing the same cost drop to launch.
How rockets beat gravity
⏱ Untimed topicHe explains that rockets shed mass in stages as fuel burns, using solid fuel or kerosene, and newer rockets use methane and liquid oxygen. The host asks what happens if launch falls from about 2,700 dollars a kilogram toward 100.
His claim that computing will move to space
⏱ Untimed topicChandana argues the future of compute is in space because there is more solar energy per area, no land cost and no water for cooling. He says launch costs must fall to a few hundred dollars per kilo first. This is his forecast and a speculative view, not an established fact.
From ISRO scientist to founder
⏱ Untimed topicHe says he joined ISRO after IIT because he wanted to work on the hardest machine, a rocket, and credits its culture of scientific temper, attention to detail and open discussion of failure. He describes leaving a secure job in 2018, when no policy allowed private launches, because building a company felt like a calling.
Raising the first money
⏱ Untimed topicChandana says he had no contacts or money and learned about term sheets by searching the web. A friend contacted investor Mukesh Bansal on LinkedIn; they met the next day and Bansal committed within an hour. He says the pitch was a bold leap of faith by two founders quitting safe jobs.
How Skyroot makes money
⏱ Untimed topicHe describes the company as a logistics business, the Uber for space, serving small satellites below 300 kg that need unique orbits. He says a launch can earn up to 100 crore rupees and 20 launches would mean 2,000 crores. He contrasts this niche with SpaceX, which serves common orbits at huge scale.
Where investors and young people should look
⏱ Untimed topicHe names launch, in-space services such as refuelling and debris removal, and space computing as areas for investors, and says investors should judge the founders because rocketry cannot be tested by outsiders. For a 23-year-old he suggests starting something, learning from open sources and building deep tech. His views on new policy and national priorities are his own.
Core Frameworks & Ideas
Launch is the logistics layer of space - guest's framing
A rocket company earns by moving other companies' satellites to orbit.
Niche before scale - guest's strategy
Serve small satellites with unique orbit needs before attempting huge rockets.
Bet on founders when the technology cannot be judged - guest's view
Early investors in rocketry judge energy, execution and problem solving.
Actionable Next Steps
- ✓List the industries that are still unpublished or unregulated in your field and why.
- ✓Pick a niche that large players skip and describe its customer.
- ✓Work out revenue per launch, order or project and what scale makes it a business.
- ✓Learn one adjacent field this week from a long interview with a practitioner.
Notable Quotes
“we are like a logistics company to space”
“building a rocket company is far easier when nothing is there”
“we want to open space for all”
The One Thing to Remember
The hardest industries are easiest to enter when nothing exists yet; build what you can and let policy catch up.