Astrobase to invest ₹800 crore in rocket test site
By Abha Lohia · Editor ·
Astrobase: valuation and funding and every story →
Bengaluru
- Bengaluru-based Astrobase Space Technologies runs a rocket testing facility at Thimmasamudram in Sri Sathya Sai district, Andhra Pradesh
- It signed an agreement with the state to add 339 acres, growing the site from 22 acres to about 360
- The planned ₹800 crore spend will support stage development, hot-fire tests, hop tests and reusability checks
What happened
- Astrobase will invest ₹800 crore.
- Site grows to about 360 acres.
- An MoU with the state board covers 339 more acres.
Why it matters
- Private launch firms need test infrastructure.
- It supports hot-fire and reusability tests.
The business
- Astrobase offers rocket testing facilities.
The numbers around it
Astrobase has 4 funding rounds in StopDown's archive.
| When | Round | Amount | Led by |
|---|---|---|---|
| 2 September 2026 | early | $40-50M | Peak XV Partners |
| 11 July 2026 | Seed | $10 million | BanyanCo |
| 12 June 2026 | Grant | ₹25 crore | |
| 2 July 2025 | Seed | ₹60 crore | BanyanCo |
Other articles talking about it
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