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9moManastu Space Secures $3M for Green Tech
- 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
9mo ago

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