Funding · Government, Defense & Space
Astrobase secures IN-SPACe grant for 80-ton rocket engine
By Startup Enthusiast ·

- Date
- Company
- Astrobase
- What it does
- rocket engine development
- Kind
- Funding
- Amount
- ₹25 crore
- Stage
- Grant
- Based in
- Bengaluru
- Founded
- 2024
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
Other articles talking about it
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