Manastu Space

Green Propulsion Systems for Satellites & Space Missions

Mumbai, India · Founded 2017 · $3.0M raised

Headquarters
Mumbai
Employees
51–200
Founded
2017
Business Model
B2B
Total Funding
$3.0M
Last Round
$3.0M Series AAug 2025
Rounds
2

About

Manastu Space is an Indian space technology company founded in 2017 by IIT Bombay alumni that develops advanced green propulsion systems for satellites, launch vehicles, and orbital transfer vehicles. The company's proprietary MS289 green fuel is safer and more efficient than traditional toxic hydrazine, enabling precise orbital maneuvers, station-keeping, collision avoidance, and de-orbiting services. Manastu Space has achieved TRL 8 flight heritage via ISRO's PSLV mission and holds contracts with DRDO and international aerospace companies.

Summary

Manastu Space is a Defense Tech company based in Mumbai, India, founded in 2017. It has raised $3.0M in total across 2 rounds, most recently a $3.0M Series A round in Aug 2025. Investors include Capital 2B, B.I.G Ventures and E2mc Ventures.

Tech & App Stack

3 technologies & apps tracked

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Funding History

Series ASeries AAug 2025
$3.0M

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Investors

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