Spacetech startup Bellatrix Aerospace has raised $20 million Pre-Series B growth round led by Cactus Partners.
The company will deploy the capital for expansion of manufacturing facilities and the implementation of high-throughput production lines to meet the surging demand from both international and domestic satellite constellations.
Additionally, it supports active customer programs and strengthens operational readiness as the company prepares the foundation for future growth.
“This funding is a definitive signal of confidence in our operational scalability,” said Rohan Ganapathy, Co-Founder and CEO of Bellatrix Aerospace.
“Having successfully flight-qualified our core technologies, we are now focused on building a repeatable, reliable, and world-class production propulsion system. This investment allows us to increase our annual production capacity significantly, ensuring we remain the most trusted partner for operators requiring propulsion at scale.”
The round also saw participation from new investors Hero Investment Office, 35 North Ventures, Indusbridge Ventures, and Monarch Holdings, with continued participation from existing investors Inflexor, Pavestone, GrowX, Startup Xseed, and Survam Partners.
“ Rohan and Yashas have invested more than a decade in creating leading, world-class, and cost effective, core technologies for electric and green propulsion systems. We, at Cactus Partners, look forward to working closely with the Bellatrix team by leveraging our GAP (Growth Acceleration Playbook) portfolio support framework and collaborating with fellow investors to make the company a global leader.” said Amit Sharma, General Partner of Cactus Partners.
We’ve moved from flight-proven to factory-ready,” said Yashas Karanam, Co-Founder and COO of Bellatrix Aerospace.
“By slashing lead times to under 6 months and optimizing our unit economics, we are delivering the industry’s best cost-to-reliability ratio. This investment ensures we can fulfill our multi-million-dollar backlog with the speed and margin required for global scale
Founded in 2015, Bellatrix develops electric and green propulsion systems for satellites. The company operates a vertically integrated model, handling design, manufacturing and testing in-house.
The investment comes amid rising global demand for propulsion systems, driven by the expansion of low-earth orbit satellite constellations and many Indian startups as well as global, getting closer to their launch timelines.