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Spacetech Startup Bellatrix Aerospace Raises $20 Million to Scale Satellite Propulsion

By , Funding & Deals Editor5 min read
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Bellatrix Aerospace satellite propulsion system in space raises $20 million

Bengaluru-based Bellatrix Aerospace has closed a $20 million Pre-Series B round led by Cactus Partners to ramp up production of its in-orbit satellite propulsion systems.

Key Facts

Key facts: Spacetech Startup Bellatrix Aerospace Raises $20 Million to Scale Satellite Propulsion
DetailValue
Deal size$20 M
StagePre-Series B
Lead investorCactus Partners
HeadquartersBengaluru, India
SectorBellatrix Aerospace
CoverageStartup Funding

Bellatrix Aerospace, a Bengaluru-based spacetech startup specializing in satellite propulsion systems, has raised $20 million in a Pre-Series B round led by Cactus Partners.


About the Raise


Key Details:

  • $20 million Pre-Series B led by Cactus Partners
  • Capital to scale satellite propulsion manufacturing
  • First major international commercial customer secured
  • Founded by Rohan Ganapathy (CEO) and Yashas Karanam (COO)

  • Propulsion Technology


    Bellatrix has developed proprietary electric propulsion systems:

  • Hall-effect thrusters for satellite orbit-raising and station-keeping
  • Green propulsion alternatives replacing toxic hydrazine
  • Flight-qualified technology with demonstrated in-orbit performance
  • Scalable manufacturing for satellite constellation operators

  • Strategic Transition


    CEO Rohan Ganapathy stated: "This round reflects strong conviction in our ability to scale. We've flight-qualified our core technologies. Now we're building the production infrastructure to match."


    The company is transitioning from R&D to volume manufacturing:

  • Setting up a dedicated propulsion manufacturing facility
  • Targeting 100+ thruster units annually
  • Expanding sales teams in the US and Europe
  • Building partnerships with major satellite constellation operators

  • India's Space Ecosystem


    Bellatrix's raise highlights the growing maturity of India's private space sector:

  • Over $300 million invested in Indian spacetech startups in FY26
  • IN-SPACe enabling private sector access to ISRO facilities
  • Indian companies competing globally in satellite subsystems
  • Propulsion emerging as a critical technology vertical
  • bellatrix aerospacespacetechsatellite propulsioncactus partnersdeep techisro

    Reported by Rohit Menon. Spotted an error in this story? Request a correction or email corrections@startupory.com. See our editorial policy.

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