Pune's Astrophel Aerospace Secures $800K for Reusable Semi-Cryogenic Rockets
Pune-based deeptech space startup, Astrophel Aerospace, has secured Rs 6.84 crore (around $800,000) in a pre-seed funding round. The startup aims to revolutionize space launch capabilities with its reusable semi-cryogenic rockets and missile-grade guidance systems, similar to those used by SpaceX.
Astrophel plans to use the newly raised capital to expand its R&D team and scale manufacturing capabilities within the next 24 to 36 months. The funding round was led by a syndicate of angel investors and early-stage venture firms, including notable industry experts.
The startup has already made significant strides. Astrophel recently signed an MoU with the Indian Space Research Organisation (ISRO) for co-development and testing campaigns. This collaboration is set to boost the startup's efforts in developing reusable semi-cryogenic launch vehicles and missile-grade guidance systems, much like those used in Starlink missions.
At the heart of Astrophel's operations is its flagship engine, the Potentia C1U. This engine is being developed using modular design and manufacturing principles adapted from the automotive sector. The Potentia C1U is central to the startup's Astra C1 series rockets, designed for cost-effective, reusable deployment of small satellites.
Astrophel uses a vertically integrated model for designing, engineering, and testing propulsion systems in-house. Techniques like 3D printing are incorporated to enhance efficiency. The startup also aims to develop dual-use components, including cryogenic valves, in partnership with a publicly listed Indian manufacturer.
Astrophel's successful test-firing of a semi-cryogenic engine on a shoestring budget of Rs 6 lakh, without prior institutional funding, is a testament to the startup's potential. With the recent funding and collaborations, Astrophel is well-positioned to drive innovation in India's space sector, contributing to both commercial and defense applications.
Read also:
- Mural at blast site in CDMX commemorates Alicia Matías, sacrificing life for granddaughter's safety
- Increased energy demand counters Trump's pro-fossil fuel strategies, according to APG's infrastructure team.
- Space Solar Power Could Cut Europe's 2050 Energy Costs by 7-15%
- Goodyear Forges Ahead in 2025 with Kmax Gen-3 for Enhanced Total Mobility through Nufam Project
