Manastu Space Technologies Private Limited
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Manastu Space Technologies Private Limited - overview
Established
2017
Location
Navi Mumbai, Maharashtra, India
Primary Industry
Aerospace
About
Based in Maharashtra, India, and founded in 2017, Manastu Space Technologies Private Limited operates as a space safety and logistics company that offers a green propulsion and debris collision avoidance system. The company was Co-founded by its CEO Tushar Jadhav and CTO Ashtesh Kumar. In August 2025, Manastu Space Technologies Private Limited raised USD 3 million in series A funding led by new investor Capital-A. Returning investors Capital 2B, Indian Angel Network, E2MC Ventures, Deepak Bhagnani Family Office, and individual investors also participated in the round.
The firm manufactures and develops I-Booster, Vyom 1U Module, and Vyom 2U Module that help aerospace industries to reduce propulsion costs. It develops a green propulsion system and offers a propellent MS-289 which is a blend of hydrogen peroxide and additives that is combusted by a high-temperature catalyst. The services offered by the firm include In-space Refuelling, life expansion services, along with D-orbiting services. The company plans to utilize the August 2025 funding to accelerate global rollout of its green space technologies and invest in satellite servicing and life extension solutions.
Current Investors
Baring Private Equity Partners , B.I.G. Capital, Roots Ventures
Primary Industry
Aerospace
Sub Industries
Aerospace, Defence
Website
www.manastuspace.com
Verticals
Manufacturing
Company Stage
Series A
Total Amount Raised
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