Manastu Space

Hydrogen peroxide based green propulsion systems for satellites and launch vehicles, Navi Mumbai

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Funding rounds

30 October 2026: Rs 22 Cr
- Inc42: Rs 22 Cr

Our write-ups

StartupStartups & Fintech

Manastu Space signs Rs 116 Cr government deal to take its green satellite propulsion to flight readiness

The Technology Development Board will back the Navi Mumbai startup's Rs 277.63 Cr project through optionally convertible debt from the RDI Fund. Inc42 separately reports a fresh Rs 22 Cr equity raise, citing filings.

30 October 2026 · 1 min read

Timeline

30 Oct 2026FundingRs 22 Cr
Inc42
30 Oct 2026Write-upManastu Space signs Rs 116 Cr government deal to take its green satellite propulsion to flight readiness
bharat.digital
30 Oct 2026NewsExclusive: Manastu Space Raises ₹22 Cr In Ongoing Funding Round
Inc42