NewSpace Research and Technologies Pvt Ltd.
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NewSpace Research and Technologies Pvt Ltd. - overview
Established
2018
Location
Bangalore, Karnataka, India
Primary Industry
Aerospace
About
Based in Bengaluru, India, and founded in 2018, NewSpace Research and Technologies Pvt Ltd. designs and develops persistent drones for earth observation and Communications. The company was founded by former IAF officer Sameer Joshi. In August 2025, NewSpace Research and Technologies Pvt Ltd.
raised INR 1. 15 billion in venture debt funding from unspecified investors. The company provides aerospace technology services including unmanned air systems, collective robotics, GPS denied operations, augmented reality, virtual reality, machine learning, and artificial intelligence. The firm develops a High-Altitude Pseudo-Satellite (HAPS) which is an unmanned aircraft that operates at altitudes over 65,000 feet and can conduct surveillance operations by staying airborne for months.
The company will use the August 2025 funding for operational expenses, working capital, and capital expenditure to expand its UAV portfolio.
Current Investors
Pavestone Capital, Kiran Vyapar, QRG Investments and Holdings
Primary Industry
Aerospace
Sub Industries
Aerospace, Defence, Hardware
Website
www.newspace.co.in
Verticals
Electric & Hybrid Vehicles, Manufacturing, Robotics
Company Stage
Series A
Total Amount Raised
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