In a major boost to its growth plans, Bellatrix Aerospace has secured $20 million in a Pre-Series B funding round led by Cactus Partners, as the company prepares to expand production and global deliveries of its satellite propulsion systems.
The funding signals Bellatrix’s shift from flight-qualified technologies to large-scale commercial manufacturing, driven by rising demand from satellite constellation operators in India and overseas.
The company said the capital will be used to expand manufacturing facilities, build high-throughput production lines, and strengthen supply chain integration. It will also support ongoing customer programmes and future operational readiness.
“This funding is a definitive signal of confidence in our operational scalability,” said Rohan Ganapathy, Co-founder and CEO at 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.”
Bellatrix develops electric and green propulsion systems for satellites across different mission profiles and weight categories, and operates in both India and the United States.
Amit Sharma, general partner at Cactus Partners, said, “Bellatrix is a unique asset with a robust history of space technology innovation. 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.”
The funding round also saw participation from new investors including Hero Investment Office, 35 North Ventures, Indusbridge Ventures and Monarch Holdings, along with existing investors Inflexor, Pavestone, GrowX, Startup Xseed and Survam Partners.
“We’ve moved from flight-proven to factory-ready,” said Yashas Karanam, Co-founder and COO. “By slashing lead times to under 6 months and optimising 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.”
The company added that it expects more customer deployments and commercial milestones in the coming months.
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