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Astrobase, a leading spacetech startup, is at the forefront of India's burgeoning space industry, focusing on the development of medium-lift rockets. With recent funding from the Indian National Space Promotion and Authorization Center, Astrobase aims to revolutionize access to space and bolster India's position in the global space race.
Indian spacetech startup GalaxEye has been awarded ₹63.84 crore from the Centre's RDI Fund to enhance its multisensor satellite technology. This funding is poised to bolster India's position in the global space sector.
Bengaluru startup Astrobase Technologies has emerged as one of the first beneficiaries of IN-SPACe's Rs 500 crore Technology Adoption Fund, a milestone that underscores India's growing private-space ambitions. Founded by IIT Bombay classmates Neeraj Khandelwal and Devakumar Thammisetty, the company is building an indigenous propulsion stack anchored by its full-flow staged combustion engine Everest, with an eye on reusable launch systems and a much larger national launch capacity.
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