Ramesh Kunhiknan, who gave important parts to Chandrayaan-3, became a billionaire, Forbes informed


Chandrayaan-3 News | Chandrayaan-3 created a record by successfully landing on the South Pole of the Moon on August 23, making India the first country in the world to land on the South Pole of the Moon. However, 60-year-old Ramesh Kunhiknan, who played the most important role in this mission and took the lead as a leader. He is an electrical engineer and the founder of Kynes Technology India ( KTI ). His company is located in Mysuru. However, due to this achievement in Indian space, Ramesh Kunhikannan ( Ramesh Kunhikannan ) has now become a billionaire.

He supplied important parts of Chandrayaan-3

According to the information provided by Forbes, Ramesh Kunhikan played an important role in the success of Chandrayaan-3 mission. He supplied the electronic system for Chandrayaan-3 that powered the rover and lander.

KTI's share price jumps

When the Chandrayaan-3 mission was successful, the stock prices of KTI saw a huge jump. The company was listed on the Bombay Stock Exchange in November 2022 and its share price has almost tripled so far. When information about the important role of this company in the lunar mission also came to light, the price of its shares jumped by 40 percent. Currently his net worth is 1.1 billion dollars i.e. approximately 110 crore dollars. Ramesh Kunhiknan holds a total of 64 percent stake in KTI.

Comments

Popular posts from this blog

Due to the ban, employment and economic activity declined by two to three percent

Information about soymilk and casein products

The brokerage firm objected to SEBI's new proposal regarding Algo Trading