Funding · AI & Deep Tech

Bellatrix raises $20 million for manufacturing scale up

By Startup Enthusiast · 27 March 2026

What they do

Bellatrix designs and manufactures electric and chemical propulsion systems for satellites in low and geostationary orbits

The company raised $20 million led by Cactus Partners to expand manufacturing facilities and strengthen its supply chain

This funding brings total capital raised to approximately $31 million as the firm targets commercial satellite operators

Bellatrix Aerospace has raised $20 million in a Pre-Series B funding round.
Cactus Partners led the investment round for the aerospace startup.
New investors joining the round include Hero Investment Office, 35 North Ventures, Indusbridge Ventures, and Monarch Holdings.
Existing investors including Inflexor Ventures and Pavestone VC doubled down on their stakes.
The company plans to use the funds to expand manufacturing facilities and scale high-throughput production lines.
Bellatrix aims to strengthen its supply chain and support active customer programs with this new capital.
The firm operates a vertically integrated model covering design, manufacturing, and testing of propulsion systems.
Total capital raised since inception now stands at approximately $31 million.

Bellatrix produces Rudra green monopropellant thrusters for satellite applications.
The company offers Arka Hall-effect electric thrusters for orbital maneuvering.
It develops the Jal water-based propulsion system for specific satellite needs.
Rudra Nano is designed specifically for small satellite propulsion requirements.
Products serve both Low Earth Orbit (LEO) and Geostationary Orbit (GEO) satellites.
Customers include commercial satellite operators, aerospace companies, ISRO, and DRDO.
The firm reduces lead times to under six months through efficient operations.
Bellatrix maintains a strong order backlog supporting future revenue streams.