Bellatrix Aerospace raises $20M in pre-Series B funding round led by Cactus Partners
Bellatrix Aerospace will use this funding round to expand its manufacturing facilities and other business related activities
Spacetech startup Bellatrix Aerospace has raised $20 million in a pre-Series B funding round led by Cactus Partners.
This funding round also saw participation from new investors Hero Investment Office, 35 North Ventures, Indusbridge Ventures, and Monarch Holdings and also existing investors - Inflexor, Pavestone, GrowX, Startup Xseed, and Survam Partners.
Bellatrix Aerospace will utilise this funding for expansion of its manufacturing facilities to meet the demand from domestic and international satellite constellations. The startup said it will use the capital for what it called active customer programmes and strengthen operational readiness.
“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.”
Founded in 2015 by Rohan Ganapathy and Yashas Karanam, Bellatrix Aerospace is developing advanced electric and chemical propulsion systems that cater to satellites of all classes. It follows a vertically integrated model, with design, development, manufacturing, assembly, integration, and testing executed in-house.
“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,” said Amit Sharma, General Partner of Cactus Partners.
This spacetech startup expects to continue building momentum through customer deployments and additional commercial milestones in the months ahead.
“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.”