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Funding · Government, Defense & Space

Astrobase secures IN-SPACe grant for 80-ton rocket engine

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Astrobase logo
Date
Company
Astrobase
What it does
rocket engine development
Kind
Funding
Amount
₹25 crore
Stage
Grant
Based in
Bengaluru
Founded
2024
Sector
Government, Defense & Space

What they do

Astrobase builds and tests rocket propulsion systems in India, including an 80-ton Full Flow Staged Combustion (FFSC) LOX–methane engine

What happened

The company received a ₹25 crore grant from IN-SPACe to accelerate development of its engine, selected from 47 applicants

Why it matters

The grant supports India's goal of building a $44 billion space economy by 2034 and aligns with the Make in India initiative

The details

  • Astrobase, an Indian space infrastructure company, secured a ₹25 crore grant from IN-SPACe for the development of its 80-ton Full Flow Staged Combustion (FFSC) LOX–methane rocket engine.
  • The grant was signed by Neeraj Khandelwal, Co-Founder and CEO of Astrobase, during a ceremony hosted by Dr Pawan Goenka, Chairman of IN-SPACe.
  • The support is part of IN-SPACe's Technology Adoption Fund (TAF), aimed at accelerating the development of high-potential space technologies by Indian private-sector companies.
  • Astrobase was selected from a pool of 47 space technology firms, and is one of only three companies chosen for this grant.
  • The engine is currently undergoing hot-fire testing at the company’s propulsion test facility in Anantapur, Andhra Pradesh.

The bigger picture

  • The grant supports India's vision of building a $44 billion space economy by 2034 and aligns with the Make in India initiative.
  • Astrobase's engine is a critical component of its broader vision to build advanced space infrastructure in India.
  • The selection reflects the strategic importance of developing indigenous propulsion systems to reduce dependence on foreign technologies.

About the business

  • Astrobase designs, builds, and tests rocket propulsion and vehicle systems in India.
  • The company operates a 46,000 sq ft assembly facility in Bengaluru and a test site in Anantapur, Andhra Pradesh.
  • Astrobase's goal is to reshape India's space future by providing assured access to space through advanced propulsion systems.

The deal

Type
funding

Founders

  • Neeraj Khandelwal, Co-Founder and CEO

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