Manastu Space develops green propulsion and debris-avoidance systems for satellites, including its VYOM 2U green propulsion system. The company test-fired VYOM 2U onboard PSLV C-60 in December 2024; the system is a non-toxic alternative to conventional chemical and electric propulsion. It aims to move from Technology Readiness Level 8 (TRL-8) to TRL-9 to enable long-term operational use in space and plans to develop in-orbit servicing technologies such as satellite refuelling, deorbiting, and mission life extension. Manastu Space has contracts with clients including the Defence Research and Development Organisation (DRDO), French company Latitude, and Innovations for Defence Excellence (iDEX). Founded in 2017 by Tushar Jadhav and Ashtesh Kumar and based in Mumbai, the company plans to expand to the United States, Europe, and Asia and to engage with satellite OEMs, constellation operators, and service integrators. It raised $3 million in a round led by Capital-A to fund commercial deployment of its propulsion and debris-avoidance solutions. Manastu Space Technologies develops green propulsion and debris-avoidance solutions and is building in-orbit servicing capabilities such as satellite refuelling, deorbiting and mission life extension. The company plans a commercial rollout of its green propulsion and debris-avoidance products and continued development of its in-orbit servicing technologies. It recently raised capital to support these commercialisation and R&D efforts. The article cites India’s private space economy growth projection as contextual market opportunity. Manastu Space was founded in 2017 by IIT Bombay alumni Tushar Jadhav and Ashtesh Kumar. The company’s immediate focus is on deploying its propulsion and debris-mitigation offerings while advancing satellite servicing capabilities.

Total raised

$6M

Funding rounds

2

Latest round

Series A

Latest activity

Aug 2025