Spacetech Startup Manastu Nets $3 Mn

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SUMMARY

Manastu Space Technologies has raised $3 Mn (around INR 26 Cr) in an extended Series A funding round led by Capital-A

The fresh proceeds will help the startup to commercially roll out its green propulsion and debris-avoidance system

Founded in 2017, Manastu is developing a green propulsion system for satellites coupled with its in-orbit refuelling system and debris avoidance technology to reduce the risk of orbital congestion

Mumbai-based spacetech startup Manastu Space…



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Spacetech Startup Manastu Nets $3 Mn


SUMMARY

Manastu Space Technologies has raised $3 Mn (around INR 26 Cr) in an extended Series A funding round led by Capital-A

The fresh proceeds will help the startup to commercially roll out its green propulsion and debris-avoidance system

Founded in 2017, Manastu is developing a green propulsion system for satellites coupled with its in-orbit refuelling system and debris avoidance technology to reduce the risk of orbital congestion

Mumbai-based spacetech startup Manastu Space…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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