Bellatrix Aerospace, a space technology startup, has raised $20 million in funding led by Cactus Partners, with participation from various investors. The company, founded in 2015, specializes in developing satellite propulsion systems through a vertically integrated approach.
Bellatrix Aerospace’s satellite propulsion technology is known for its electric and green capabilities. The company’s achievements include winning the Best on Campus award at the Economic Times Startup Awards in 2020, recognizing its commitment to innovation in the industry.
This recent investment round is expected to support Bellatrix Aerospace in scaling up its satellite propulsion manufacturing capabilities, further advancing the field of space technology with sustainable and efficient propulsion solutions.
Source: Tech-Economic Times