SEOUL, South Korea — Skyroot Aerospace, an Indian rocket startup that aims to launch its solid-fueled Vikram S suborbital rocket by year’s end and orbital class Vikram 1 in 2023,  has raised $51 million in a Series B round led by Singapore sovereign investor GIC.

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Park Si-soo covers space industries in South Korea, Japan and other Asian countries. Park worked at The Korea Times — South Korea's leading English language newspaper — from 2007 to 2020. He earned a master’s degree in science journalism from Korea...