Bengaluru-based Bellatrix Aerospace has secured $20 million in a pre-Series B funding round led by Cactus Partners. The capital will fuel expansion of its satellite propulsion manufacturing to meet surging global demand.
CEO Rohan Ganapathy confirmed the investment will significantly boost annual production capacity.
Founded in 2015, Bellatrix operates in both India and the U.S. New investors include Hero Investment Office, 35 North Ventures, Indusbridge Ventures, and Monarch Holdings. Existing backers Inflexor, Pavestone, GrowX, and Survam Partners also participated.
The move aligns with India’s broader strategy to open its space sector beyond ISRO and support startups with a $105.5 million national fund.