CosmicTaco

Manastu Space Secures $3M for Green Tech

CosmicTaco · 2025-08-12T16:31:27.462353+05:30

- India's Manastu Space Technologies successfully raised $3 million in an extended Series A round led by Capital-A, contributing to a total funding of $6 million. - The funds will accelerate the commercial rollout of the startup's green propulsion and debris-avoidance technology for satellites. - Established in 2017, Manastu aims to reduce orbital congestion with its innovative in-orbit refueling and deorbiting systems. - With an eye on global markets, the startup seeks to partner with satellite OEMs and service integrators worldwide. - Recent trends show a surge in Indian spacetech investments, with the government boosting the sector with a $1,000 crore fund, aiming for a $77 billion opportunity by 2030. Source: [Inc42](https://inc42.com/buzz/spacetech-startup-manastu-nets-3-mn-to-launch-its-propulsion-system/)

India's Manastu Space Technologies successfully raised $3 million in an extended Series A round led by Capital-A, contributing to a total funding of $6 million.
The funds will accelerate the commercial rollout of the startup's green propulsion and debris-avoidance technology for satellites.
Established in 2017, Manastu aims to reduce orbital congestion with its innovative in-orbit refueling and deorbiting systems.
With an eye on global markets, the startup seeks to partner with satellite OEMs and service integrators worldwide.
Recent trends show a surge in Indian spacetech investments, with the government boosting the sector with a $1,000 crore fund, aiming for a $77 billion opportunity by 2030.

Source: Inc42