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A new generation of Indian entrepreneurs are building ambitious companies in space tech. One of them, Bellatrix Aerospace, has now set its sights on the global race to build a satellite for an ultra-low orbit.

India is ramping up focus on defence drones, and the decade-old startup wants public money to seize the opportunity. But the track record of listed peers offers a cautionary tale.
The country’s top VC funds are flush with new fundraises. They must now find opportunities to invest, but that’s easier said than done.
The success of Agnikul’s rocket launch, soon after a startup rival’s, has shown that India’s private sector space companies are capable and ready. With the government finally in their corner, commercial success beckons.