"Wonderful and Fantastic!": Union Minister Piyush Goyal Lauds Omspace's Vision for Reusable Rockets
- Biswajeet Kumar Parida
- Apr 19
- 2 min read
Validation from national leaders is a powerful catalyst for any startup. For Omspace Rocket & Exploration Private Limited, a recent interaction at the Vejalpur Festival 2.0 provided exactly that—an inspiring endorsement from one of the country's key policymakers.
Attending the festival was an "incredible experience," marked by vibrant energy and a distinguished audience. For the Omspace team, led by CEO and MD Dr. Ravindra Raj BM, it was a prime opportunity to share their groundbreaking work with industry and government leaders.
A "Wonderful and Fantastic" Endorsement from Hon. Piyush Goyal
The highlight of the event was a memorable meeting with the Hon. Piyush Goyal, Union Minister of Commerce and Industry. After hearing about Omspace's pioneering efforts in developing reusable rockets for small satellites, the Minister's response was both enthusiastic and encouraging.
His words, "Wonderful and Fantastic!", were not just a compliment; they were a significant acknowledgment of the importance and potential of Omspace's mission. This high-level recognition is truly inspiring and serves as a powerful validation of the company's direction.
Our Vision: Cost-Effective and Sustainable Space Access
At the heart of the discussion was Omspace's core vision: to create cost-effective and sustainable access to space. The key to achieving this lies in the technology of reusable rockets.
Why are reusable rockets so important?
Drastic Cost Reduction: By recovering and reusing the most expensive parts of a rocket, the cost per launch can be significantly lowered.
Increased Access for Small Satellites: This makes launching smaller satellites more economically viable for startups, universities, and research institutions.
Sustainability: Reusability reduces space debris and the environmental impact of manufacturing new rockets for every mission.
Sharing this vision with leaders like Hon. Piyush Goyal and Hon. Chief Minister Bhupendra Bhai was an honor and a critical step in aligning our goals with the national agenda for innovation and progress.
A High-Calibre Event and a Promising Future
The Vejalpur Festival 2.0 proved to be a remarkable gathering, bringing together the brightest minds in technology and governance. A special thanks is owed to Amit Thakkar JI and Vedant Thakker for their efforts in organizing such a high-calibre event.
This moment has energized the entire Omspace team. As Dr. Ravindra Raj stated, we are "Excited for the journey ahead!" This endorsement fuels our commitment to pushing the boundaries of space technology and solidifies our path forward.




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