Manastu Space Secures $3 Million: Fueling Sustainable Space Operations
August 13, 2025, 9:31 am
Manastu Space secured $3 million in fresh funding. Capital-A led the investment. The capital fuels commercial deployment of green propulsion and debris-avoidance solutions. It also advances in-orbit satellite servicing. This includes refueling and life extension. Their non-toxic propulsion system successfully completed in-orbit testing. Manastu eyes global expansion, fostering sustainable space operations within India's growing space economy.
Space innovation accelerates. New ventures emerge globally. Manastu Space leads this charge. This Indian spacetech firm recently secured significant investment. It validates their groundbreaking solutions. The funding round totaled $3 million. This capital injection propels their mission. The goal: safer, cleaner, and more sustainable space operations.
Capital-A spearheaded the $3 million round. This marks Capital-A's first space sector investment. The commitment signals strong belief. Existing investors also participated. These included Capital 2B, Indian Angel Network (IAN), and E2MC. The Bhagnani Family Office and angel investor Jeet Chandan contributed. Diverse backing underscores robust potential. It provides critical resources for ambitious plans.
Manastu Space pioneers green propulsion technology. Their systems offer a non-toxic alternative. Traditional satellite fuels, like hydrazine, carry environmental risks. Manastu's solution eliminates these hazards. Their green propulsion system, VYOM 2U, proved its capabilities. It successfully completed an in-orbit test. This occurred aboard PSLV C-60. The achievement represents a major milestone. It moves the technology toward widespread adoption. The company aims for Technology Readiness Level 9 (TRL-9). This signifies long-term flight heritage. Reaching TRL-9 validates operational readiness and reliability.
Space debris poses a growing threat. Thousands of defunct satellites and rocket fragments orbit Earth. They endanger active spacecraft. Manastu Space directly addresses this critical issue. Their solutions include advanced debris-avoidance systems. These technologies are crucial for orbital safety. They protect valuable space assets. Safe operation ensures long-term viability. The funding supports their commercial deployment. This contributes to a cleaner orbital environment.
Beyond propulsion, Manastu Space develops vital in-orbit services. These services extend satellite lifespans. Satellite refueling capabilities are paramount. This allows missions to continue far longer. Deorbiting services manage end-of-life spacecraft. This prevents new debris formation. Mission life extension technologies maximize utility. These capabilities are foundational. They build sustainable space infrastructure. Demand for such services rapidly increases.
Manastu Space plans aggressive global expansion. The company targets key international markets. These include the United States, Europe, and Asia. This strategic growth diversifies their client base. They will engage with satellite Original Equipment Manufacturers (OEMs). Constellation operators are another focus. Service integrators represent further partnerships. This global outreach solidifies market position. It broadens the impact of sustainable space solutions. The company already holds contracts. Clients include India's Defence Research and Development Organisation (DRDO) and France's Latitude, and iDEX. These partnerships validate their technological prowess.
Manastu Space was founded in 2017. Tushar Jadhav and Ashtesh Kumar co-founded the firm. Both are IIT Bombay alumni. Their leadership drives the company's innovative trajectory. Their expertise guides cutting-edge space technology development. The company's vision for sustainable space operations guides product development. This deep technical grounding fuels success.
India's space sector experiences rapid expansion. It is a vibrant hub for spacetech innovation. Reports project significant growth. The Indian space economy could reach $40 billion by 2040. This represents a substantial leap from $8 billion in 2022. Private companies like Manastu Space are pivotal. They contribute to a dynamic ecosystem. This ecosystem attracts global investment. It fosters domestic technological advancements. Other Indian spacetech startups also secure substantial funding. This signifies a healthy, competitive market.
Manastu Space champions a future of sustainable space exploration. Their green propulsion and debris-avoidance systems are critical steps. In-orbit servicing provides essential infrastructure. The new funding fuels these vital initiatives. It propels Manastu Space into commercial leadership. Their efforts will shape how humanity uses and protects Earth's orbital environment. Clean, efficient, responsible space operations are becoming reality. Manastu Space leads this charge. The company is poised for continued impact.
Space innovation accelerates. New ventures emerge globally. Manastu Space leads this charge. This Indian spacetech firm recently secured significant investment. It validates their groundbreaking solutions. The funding round totaled $3 million. This capital injection propels their mission. The goal: safer, cleaner, and more sustainable space operations.
Capital-A spearheaded the $3 million round. This marks Capital-A's first space sector investment. The commitment signals strong belief. Existing investors also participated. These included Capital 2B, Indian Angel Network (IAN), and E2MC. The Bhagnani Family Office and angel investor Jeet Chandan contributed. Diverse backing underscores robust potential. It provides critical resources for ambitious plans.
Manastu Space pioneers green propulsion technology. Their systems offer a non-toxic alternative. Traditional satellite fuels, like hydrazine, carry environmental risks. Manastu's solution eliminates these hazards. Their green propulsion system, VYOM 2U, proved its capabilities. It successfully completed an in-orbit test. This occurred aboard PSLV C-60. The achievement represents a major milestone. It moves the technology toward widespread adoption. The company aims for Technology Readiness Level 9 (TRL-9). This signifies long-term flight heritage. Reaching TRL-9 validates operational readiness and reliability.
Space debris poses a growing threat. Thousands of defunct satellites and rocket fragments orbit Earth. They endanger active spacecraft. Manastu Space directly addresses this critical issue. Their solutions include advanced debris-avoidance systems. These technologies are crucial for orbital safety. They protect valuable space assets. Safe operation ensures long-term viability. The funding supports their commercial deployment. This contributes to a cleaner orbital environment.
Beyond propulsion, Manastu Space develops vital in-orbit services. These services extend satellite lifespans. Satellite refueling capabilities are paramount. This allows missions to continue far longer. Deorbiting services manage end-of-life spacecraft. This prevents new debris formation. Mission life extension technologies maximize utility. These capabilities are foundational. They build sustainable space infrastructure. Demand for such services rapidly increases.
Manastu Space plans aggressive global expansion. The company targets key international markets. These include the United States, Europe, and Asia. This strategic growth diversifies their client base. They will engage with satellite Original Equipment Manufacturers (OEMs). Constellation operators are another focus. Service integrators represent further partnerships. This global outreach solidifies market position. It broadens the impact of sustainable space solutions. The company already holds contracts. Clients include India's Defence Research and Development Organisation (DRDO) and France's Latitude, and iDEX. These partnerships validate their technological prowess.
Manastu Space was founded in 2017. Tushar Jadhav and Ashtesh Kumar co-founded the firm. Both are IIT Bombay alumni. Their leadership drives the company's innovative trajectory. Their expertise guides cutting-edge space technology development. The company's vision for sustainable space operations guides product development. This deep technical grounding fuels success.
India's space sector experiences rapid expansion. It is a vibrant hub for spacetech innovation. Reports project significant growth. The Indian space economy could reach $40 billion by 2040. This represents a substantial leap from $8 billion in 2022. Private companies like Manastu Space are pivotal. They contribute to a dynamic ecosystem. This ecosystem attracts global investment. It fosters domestic technological advancements. Other Indian spacetech startups also secure substantial funding. This signifies a healthy, competitive market.
Manastu Space champions a future of sustainable space exploration. Their green propulsion and debris-avoidance systems are critical steps. In-orbit servicing provides essential infrastructure. The new funding fuels these vital initiatives. It propels Manastu Space into commercial leadership. Their efforts will shape how humanity uses and protects Earth's orbital environment. Clean, efficient, responsible space operations are becoming reality. Manastu Space leads this charge. The company is poised for continued impact.