Bellatrix Aerospace Raises $20 Million to Boost Satellite Propulsion
Bellatrix Aerospace has secured $20 million in a pre-Series B funding round led by Cactus Partners, as it aims to expand its satellite propulsion manufacturing capabilities. The Bengaluru-based firm said the fresh capital will help scale production to meet growing demand from satellite operators in India and overseas.
CEO Rohan Ganapathy noted that the investment would significantly increase the company’s annual production capacity. Founded in 2015, Bellatrix develops advanced propulsion systems for satellites and has also established a presence in the United States.
The funding round attracted a mix of new and existing investors, reflecting strong interest in India’s growing private space sector. With support from government initiatives and policies led by Indian Space Research Organisation, the country has opened up opportunities for startups, including a dedicated fund to boost innovation in space technology.
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