“TDB-DST’s Early Recognition of Skyroot's Technological Excellence Through the National Technology Start-up Award 2022 Stands Vindicated”

The Technology Development Board (TDB) conferred the National Technology Start-up Award 2022 on Skyroot Aerospace Private Limited, recognising its development of indigenous cryogenic, liquid and solid propulsion technologies. The award was presented by Dr. Jitendra Singh, Hon'ble Union Minister of State for Science & Technology, during the National Technology Day 2022 celebrations. This achievement reflects the strength of India's innovation ecosystem and underscores the importance of timely institutional recognition and continued support for India's innovation-driven entrepreneurs.

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Quick Revision

Prelims-testable facts

01The Technology Development Board (TDB) is a part of the Department of Science & Technology (DST), Government of India.
02The National Technology Start-up Award 2022 was conferred on Skyroot Aerospace Private Limited by the TDB during the National Technology Day 2022 celebrations.
03The award recognized Skyroot Aerospace for developing indigenous cryogenic, liquid and solid propulsion technologies catering to the small satellite launch market.
04Skyroot Aerospace's Vikram-1 mission marked a watershed moment in India's private space sector and demonstrated the transformative potential of home-grown deep-tech innovation.
05The TDB has consistently championed the commercialisation of indigenous technologies by fostering innovation-led enterprises across strategic sectors, including aerospace, defence, healthcare, clean energy, biotechnology, advanced manufacturing and digital technologies.
06The Research, Development and Innovation (RDI Fund) is a fund under which companies like Skyroot Aerospace can submit proposals for funding.

Trap alerts

Most people think that the TDB only recognizes start-ups, but actually it also encourages innovation-led enterprises across various sectors.
Most people think that the National Technology Start-up Award 2022 was the first recognition given to Skyroot Aerospace, but actually the company had already been recognized for its technological excellence earlier.
Most people think that the Vikram-1 mission was a failure, but actually it marked a significant milestone in India's private space sector.

Prelims Practice MCQs

Single facteasy

Which award was conferred by the Technology Development Board (TDB) on Skyroot Aerospace Private Limited in 2022?

A.National Innovation Award
B.National Technology Start-up Award 2022
C.Indigenous Technology Award
D.Science and Technology Excellence Award

The National Technology Start-up Award 2022 was conferred on Skyroot Aerospace for developing indigenous cryogenic, liquid, and solid propulsion technologies.

Multiple statementsmedium

Consider the following statements regarding National Technology Awards: 1. The National Technology Day 2022 celebrations took place on May 11th, 2022. 2. Dr. Srivari Chandrasekhar presented the National Technology Start-up Award 2022 to Skyroot Aerospace. 3. Skyroot Aerospace was awarded for developing indigenous cryogenic propulsion technologies. How many of the above statements are correct?

A.Only one
B.Only two
C.All three
D.None

The correct date of National Technology Day is not specified in the fact list. Dr. Srivari Chandrasekhar was then the Secretary, Department of Science & Technology, but it is stated that Dr. Jitendra Singh presented the award to Skyroot Aerospace.

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