Bellatrix Aerospace Raises $20M Pre-Series B to Scale Satellite…

Team S · 2026-03-30T16:20:46.000Z

Bengaluru-based spacetech startup Bellatrix Aerospace has raised $20 million (₹189+ crore) in a Pre-Series B funding round, led by Cactus Partners, as it looks to scale production of its satellite propulsion systems and expand global deployments. The round also saw participation from new investors including Hero Investment Office, 35 North Ventures, Indusbridge Ventures, and Monarch Holdings, along with continued backing from existing investors such as Inflexor Ventures, Pavestone, GrowX, Startup Xseed, and Survam Partners, highlighting sustained investor confidence in India’s private space ecosystem. Founded in 2015, Bellatrix Aerospace develops advanced electric and green propulsion systems for satellites, enabling efficient maneuvering and reducing operational costs for space missions. The company operates a vertically integrated model covering design, development, manufacturing, and testing of propulsion technologies. The newly raised capital will be used to expand manufacturing capacity, scale high-throughput production lines, and support active customer programs, as demand rises from both domestic and international satellite operators. The company is also focusing on strengthening operational readiness and accelerating commercial deployments globally. Bellatrix has already achieved key milestones, including flight qualification of its core technologies, and is now transitioning toward large-scale production to position itself as a global leader in satellite propulsion. The funding comes amid growing momentum in India’s private space sector, driven by increasing satellite launches and global demand for cost-efficient in-space mobility solutions.

Member Login Get Access

Bellatrix Aerospace Raises $20M Pre-Series B to Scale Satellite… | Newnex