Ahmedabad-based spacetech startup OmSpace Rocket and Exploration has successfully raised $3 million (approx. INR 26 crore) in a pre-seed funding round. The round saw participation from a group of undisclosed family offices and angel investors, marking a strong vote of confidence in India’s rapidly growing private space sector.
Founded in 2020 by Ravindra Raj Binod Mistri, Maulik Mota, and Stutika Padamshali, OmSpace aims to revolutionize access to space with its flagship modular launch vehicle, Infinity One. With the newly secured capital, the company plans to accelerate the development of this innovative launch platform, purpose-built for low Earth orbit (LEO) satellite missions.
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Infinity One: India’s Answer to Small Satellite Launch Demands
Infinity One is being designed as a modular, scalable launch vehicle tailored to support the increasing demand for small satellite deployments. The rocket will be capable of carrying a payload of 350 kilograms to an altitude of 800 kilometers, making it ideal for commercial, scientific, and defense applications in LEO.
Unlike traditional launch vehicles, Infinity One adopts a modular architecture, allowing for cost-efficient customization based on mission requirements. This modularity could offer OmSpace a competitive edge by reducing turnaround time and enabling faster, more flexible launches — a critical need in the burgeoning satellite industry.
India’s Space Ecosystem on the Rise
OmSpace’s funding comes at a time when India’s private space sector is witnessing unprecedented momentum. With ISRO opening its facilities to private players and regulatory reforms from IN-SPACe, startups like OmSpace are finding the ecosystem increasingly supportive. The Indian government’s encouragement of private space innovation has led to a surge in investments and startups venturing into launch services, satellite development, and space-based applications.
Strategic Focus and Future Vision
With its base in Ahmedabad, OmSpace is strategically positioned near several educational and research institutions, which could serve as a talent pipeline for the company. The startup’s vision extends beyond launch services; it aims to become a comprehensive space access provider, serving not just India but also global clients seeking affordable and reliable launch options.
The founders bring together diverse expertise across engineering, aerospace, and business, and are determined to build a sustainable model for space access. The $3 million funding will go toward R&D, testing, infrastructure development, and talent acquisition, all essential for the successful rollout of Infinity One.
Conclusion
OmSpace Rocket and Exploration’s latest funding round marks a significant milestone in India’s journey toward private space innovation. With its ambitious Infinity One launch vehicle, OmSpace is not only aiming to bridge the gap in small satellite launches but also place India firmly on the global map of spacetech innovation. As demand for LEO satellite deployment continues to surge worldwide, OmSpace is poised to play a key role in making space more accessible, modular, and cost-effective.
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