Get latest articles and stories on Business at LatestLY. Explaining further on the cost front, AgniKul Cosmos co-founder said, the cost of developing the rocket is low not because we have compromised on the quality of parts or something but because the engine is using a different technology and that is how cost reduction was possible. "It is a huge reduction in the cost. Business News | AgniKul Cosmos in Advance Talks with 13 Customers, Says Co-founder Srinath Ravichandran.