• Skyroot Aerospace has signed a Memorandum of Understanding (MoU) with Bellatrix Aerospace to make use the Orbital Transfer Vehicle, being developed by Bellatrix Aerospace, in the upper stage of Vikram series of launch vehicles, being developed by Skyroot.
• The vehicle is expected to launch to low earth orbit in 2023 on the Vikram rocket.
• The vehicle is expected to help global operators reduce time and costs for launching communication and earth observation satellites.

Orbital Transfer Vehicle (OTV) :

• It is a spacecraft that can perform various in-orbit operations such deployment of customer payload to precise orbits, allowing a launch vehicle to deliver satellites to more orbits than what was conventionally possible.
• In simple words, OTV is like a ‘taxi in space’ to take small satellites into their operational orbits.
• OTV will offer ride-sharing for small satellites and drop each one of the passengers to their intended slots in space.

Skyroot Aerospace & Bellatrix Aerospace :

• Skyroot Aerospace Private Limited, founded in 2018, is an Indian private aerospace manufacturer and commercial launch service provider located in Hyderabad.
• Bellatrix Aerospace, founded in 2015, is a private Indian aerospace manufacturer and smallsat launcher headquartered in Bangalore.