BELLATRIX AEROSPACE
ET Startup Awards 2026: Armatrix targets 10-12 pilots, commercial deployment of snake-like robotic arms in 2028
Armatrix won the Best on Campus category at The Economic Times Startup Awards 2026 for its 3-5 metre long snake-like robotic arms designed to navigate narrow and hazardous industrial spaces where conventional robots and workers struggle to operate. It won for its clearly defined use cases.
Orbital Shift: India's space sector undergoing biggest transformation; pvt firms handle rockets, ISRO focus on more ambitious missions
India's space sector is undergoing significant changes as private companies engage in rocket production and management. The Indian Space Research Organisation is shifting its focus towards more ambitious missions and projects. This transition follows the introduction of the Indian Space Policy 2023, which emphasizes private sector participation. Concerns have been raised by ISRO employees regarding the agency's future and potential loss of capabilities.
Semicon India eyes chip deals; AI leaders seek slowdown
The government is pushing supply chain partnerships at Semicon India 2026 to help local players. This and more in today’s ETtech Top 5.
Mid-tier VCs scout deeptech deals; ETSA winner Varaha’s India play
Happy Monday! Sector-agnostic mid-tier venture capital investors are recaliberating focus on India's deeptech startups. This and more in today’s ETtech Morning Dispatch.
Japan emerges as a new market for Indian spacetech startups
Startups such as Digantara Industries, Bellatrix Aerospace, Xovian Aerospace, SatNxt, and Manastu Space are seeing growing interest from Japanese companies as the country looks to grow its space and defence capabilities.
PM Modi urges space startups to explore applications in agriculture, livestock, environment
Prime Minister Narendra Modi encouraged young space entrepreneurs to innovate for agriculture and daily life. He highlighted the potential of India's private space sector for global impact. Startups were urged to engage with schools and inspire future generations. Modi acknowledged the risks taken by entrepreneurs and the government's reform process. The government will continue supporting startups to build national space capabilities.
- Go To Page 1
Bellatrix Aerospace eyes 5x revenue jump as production scales up
Bengaluru-based Bellatrix Aerospace expects revenue to reach "a few tens of crores" in FY27, from just about Rs 2 crore each year over the past three fiscal years, Yashas Karanam, cofounder and chief operating officer, told ET. The strong performance will be driven by growing commercial shipments of its propulsion systems, which have now entered full-scale production after years of product development and testing.
Karnataka clears industrial projects worth Rs 7,506 crore; Kaynes, Bellatrix among key investors
Karnataka has greenlit industrial projects totaling Rs 7,506 crore, focusing on aerospace, ESDM, and general engineering. The State Level Single Window Clearance Committee approved 55 projects, including significant investments from Kaynes Technology, SFO Technologies, and Bellatrix Aerospace. Notably, 41 projects are slated for development outside Bengaluru, aiming to boost regional growth and generate over 28,000 jobs.
Bellatrix readying ultra-low orbit satellites
The Bengaluru-based company is targeting launches in 2027 or 2028 and is positioning the project as a potential breakthrough in very low Earth orbit (VLEO) satellite operations, an area that remains largely unexplored globally because of the extreme atmospheric drag at those altitudes.
Spacetech startup Bellatrix raises $20 million from Cactus Partners to scale satellite propulsion manufacturing
Bellatrix Aerospace has raised $20 million led by Cactus Partners, with several investors participating. Founded in 2015, it develops electric and green satellite propulsion using a vertically integrated model. The company, in 2020, won the Best on Campus award at the Economic Times Startup Awards (ETSA).
Space tech companies hiring: Satcom boom, lower launch costs, resuable rocket tech driving up demand for skilled pros
Industry executives say space tech firms are increeasingly looking for skilled talent as India is pushing to become a major player in the sector. Companies are strengthening teams in spacecraft hardware engineering, infrared and sensor capabilities, and mission operations as a booming satellite industry, declining launch costs and advances such as reusable rocket technology are further accelerating demand for skilled talent.
Indian space startups dock in for a slice of American pie
The firms aim to build trust in a credibility-heavy market while navigating through defence and regulatory frameworks. Startups such as Bellatrix Aerospace, Pixxel, and Digantara have already set up shop in the US, while many others are making their way through partnerships and MoUs to establish their presence after they have proved their technologies, several founders told ET.
Bellatrix Aerospace expands to US, plans manufacturing unit in Delaware
Bellatrix Aerospace, an Indian space startup, is expanding its operations to the US with a new manufacturing unit in Delaware. The company has appointed Chris MacDonald to lead US operations and secured a partnership with a major US satellite manufacturer. Bellatrix aims to leverage its expertise in sustainable space propulsion to serve the growing US commercial market.
Sun, moon and the starts: India's space startups ready for 2025
Sky is the limit for Indian space startups in 2025, as they focus on attracting more funding, tap global markets and drive more real-time applications. Indian space startups are optimistic about the revised foreign direct investment (FDI) policy, which aims to unlock more capital for growth. Yashas Karanam, cofounder of Bellatrix Aerospace, said the revised FDI norms clarify exit strategies, allowing investors to freely sell shares and thus attract international funding.
Space startups flag lack of local manufacturing ecosystem, say paying premium for components
According to startups though much of the technology is being indigenized, they continue to pay premium prices for electronics, semiconductor chips, solar panels, solar cells, valves, fittings, and vents which are integral for systems.
Isro's commercial arm NSIL onboards Pushpak for faster, cheaper satellite placement
Isro's NSIL and Bellatrix Aerospace have partnered to integrate the Pushpak Orbital Transfer Vehicle in future launch missions. Pushpak is designed to ferry smaller satellites to different orbits. This collaboration aims to reduce costs and enhance efficiency, with the first launch expected in early 2026. Bellatrix has already onboarded two customers for this service.
Spacetech startup Bellatrix Aerospace to commercialise propulsion systems
Bellatrix achieved a significant milestone with the launch of its propulsion systems – Rudra and Arka – on board the national space agency’s PSLV C-58 launch vehicle on January 1. This gives the company its first space qualification.
India's space startups report success of in-orbit experiments onboard ISRO's POEM
ISRO's PSLV Orbital Experimental Module (POEM) enables in-orbit scientific experiments using the spent PS4 stage as an orbital platform.
Space startup Bellatrix to test electric propulsion for satellites on-board PSLV
The ARKA-series HET, which will demonstrate the solar electric propulsion engine for small satellites, will be flying in the PSLV Orbital Experimental Module (POEM), where the Indian Space Research Organisation (ISRO) uses the final stage of the rocket as an orbital platform to carry out experiments in orbit.
ET Startup Awards Alumni: where are they now?
Previous winners of the ET Startup Awards (ETSA) have stood out amid a crowded startup ecosystem and have gone on to become successful businesses. We look at a few of them from previous editions of the awards.
In-space propulsion startup Bellatrix seals $8 million funding round
The funding round saw the participation of StartupXseed, Pavestone Capital, Survam Partners, Karsemven Fund, the Mankind Pharma family office, and other prominent family offices and angel investors, said a statement.
Bengaluru-based Bellatrix Aerospace tests green satellite propulsion
Satellite thrusters run on toxic compound hydrazine known to have a severe environmental impact, pushing space researchers to scout for eco-friendlier alternatives. Bellatrix’s recent testing of its green propulsion system also marks a key inflection point in the startup’s journey in building a space taxi system for satellites.
Bellatrix Aerospace, Dhruva Space sign MoUs with Larsen & Toubro
The deals with Larsen & Toubro (L&T) come at a time when both spacetech startups — Bellatrix Aerospace and Dhruva Space — are ramping up individual efforts to address the growing global demand for affordable spacefaring.
Skyroot Aerospace first spacetech startup to formally sign up with ISRO
Skyroot Aerospace has entered into an agreement with Indian Space Research Organisation (ISRO) to use its expertise and access facilities to test and qualify its small rocket ahead of launch next year.
Bellatrix Aerospace successfully tests India’s first privately developed hall-effect thruster
Bellatrix says its new hall-effect thruster will provide a reliable propulsion solution for small satellites. This, at a time when Elon Musk’s Starlink, Airtel’s OneWeb and Amazon are planning to beam satellite internet to earth.
Bellatrix Aerospace is building a ‘space taxi’ for satellites
Bellatrix Aerospace’s ‘space taxi’ is expected to launch to low earth orbit in 2023 on the Vikram rocket of Skyroot Aerospace, a Hyderabad-based rocket startup.
SatSure plans remote sensing satellite fleet; to be powered by Bellatrix hybrid propulsion systems
SatSure and Bellatrix Aerospace plan to have the first satellite of the proposed constellation launched by December 2022, both firms said on Wednesday.
ET Startup Awards 2020 | And The Winners Are...
The pandemic brought out the true mettle of startups in India as entrepreneurs faced emotional, mental and physical challenges, and came up with durable solutions. ET Startup Awards recognises the winners.
ET Startup Awards 2020: Bellatrix Aerospace wins the Best on Campus award
Jury was fascinated by the potential of the only local firm working on electric propulsion.
Load More
