Manastu Space Secures $3M to Propel Green Space Tech

Manastu Space has raised $3 million in a funding round led by Capital-A

with participation from Capital 2B, Indian Angel Network, E2MC (Earth-to-Mars Capital), the Bhagnani Family Office, and Jeet Chandan.

Founded by Tushar Jadhav and Ashtesh Kumar in 2017, India, Manastu Space is building green propulsion and debris-avoidance solutions for clients like DRDO, Latitude, and iDEX.

They also aim to develop key in-orbit servicing technologies, such as satellite refueling, deorbiting, and extending mission life.

The fresh capital will be used to complete and reach Technology Readiness Level 9 (TRL-9) for their propulsion system.

Successfully tested its green propulsion system, VYOM 2U, in space onboard PSLV C-60.

Plans to expand into the US, Europe, and Asia.