Bellatrix Aerospace Pvt. Ltd.
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Bellatrix Aerospace Pvt. Ltd. - overview
Established
2015
Location
Bangalore, Karnataka, India
Primary Industry
Aerospace
About
Bellatrix Aerospace Private Limited, based in India, focuses on developing advanced satellite propulsion systems that enhance in-space mobility through innovative technologies and environmentally friendly alternatives to traditional propulsion methods. Bellatrix Aerospace specializes in creating propulsion solutions for satellites. Founded in 2015 in Bengaluru, India, by Abhinav Srivastava, Rohan Ganapathy, and Yashas Karanam, the firm has completed three funding rounds. In March 2026, Bellatrix Aerospace Private Limited raised USD 20 million in pre-series B funding led by Cactus Partners, with participation from Heroad Investments, 35North Ventures, IndusBridge Ventures, Monarch Holdings, Inc.
, Inflexor Ventures, Pavestone Capital, GrowX Ventures, StartupXseed Ventures and Survam Partners. Rohan Ganapathy currently serves as the CEO. Bellatrix Aerospace provides advanced satellite propulsion solutions, including electric propulsion systems that enhance longevity and high-performance green propulsion alternatives to hydrazine thrusters. Their offerings also feature multi-mission orbital platforms and innovative products like a nano satellite engine and a water-powered electric propulsion system called the Microwave Plasma Thruster, catering primarily to clients in North America, Europe, and Asia for applications such as low-earth orbit satellite deployment and lunar exploration.
In 2023, Bellatrix Aerospace reported revenue of USD 0, along with an EBITDA of USD -642,364. 2. The company generates income through direct transactions with clients in the aerospace sector, partnering with satellite manufacturers and space agencies for the sale and integration of their propulsion systems, which are tailored to mission requirements. Bellatrix Aerospace is poised for growth with plans to launch new products and expand into new markets.
The recent funding of USD 20 million will be allocated to support the transition to scaled manufacturing of its electric and chemical propulsion systems. The company aims to introduce additional propulsion technologies and expand its presence in international markets by 2025, enhancing its capabilities to meet the growing demand in the aerospace sector.
Current Investors
Karnataka Asset Management Company, IIMA Ventures, GrowX Ventures
Primary Industry
Aerospace
Sub Industries
Aerospace
Website
www.bellatrix.aero
Verticals
Manufacturing
Company Stage
Series A
Total Amount Raised
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Bellatrix Aerospace Pvt. Ltd. - financials
| Fiscal Year Ended | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 474,013 | 187,066 | 903,165 | 6,375,000 | 2,125,000 | - | - | - |
| % Revenue Growth (YoY) | - | - | (60.5%) | 382.8% | 605.9% | (66.7%) | - | - | - |
| EBITDA (USD) | - | (603,970) | 779,860 | (2,831,113) | (19,574,645) | (7,160,966) | - | - | - |
| Operating Income (USD) | - | (734,607) | 325,210 | (4,768,293) | (22,903,055) | (14,478,038) | - | - | - |
| Operating Margin | - | (155.0%) | 173.8% | (528.0%) | (359.3%) | (681.3%) | - | - | - |
| % EBITDA Margin | - | (127.4%) | 416.9% | (313.5%) | (307.1%) | (337.0%) | - | - | - |
| NET Income (USD) | - | (784,276) | 325,211 | (4,768,293) | (24,283,768) | (13,781,603) | - | - | - |
| % Net Margin | - | (165.5%) | 173.8% | (528.0%) | (380.9%) | (648.5%) | - | - | - |

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