Omspace Rocket & Exploration Private Limited, founded in 2020 by Ravindra Raj Binod Mistri, Maulik Mota, and Stutika Padamshali, is an Indian space technology company focused on making space access more affordable and sustainable. Based in Ahmedabad, Gujarat, the company aims to revolutionize the space industry by developing reusable launch vehicles for small and nano satellites. Omspace has raised $3 million in pre-seed funding from family offices and angel investors to advance their ambitious projects, including their flagship launch vehicle, Infinity One.
Attribute | Information |
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Founding Date | 2020 |
Headquarters | Ahmedabad, Gujarat, India |
Founders | Ravindra Raj Binod Mistri, Maulik Mota, Stutika Padamshali |
Revenue | Not disclosed |
Profits | Not disclosed |
Key Investors | Thinkuvate, AWS Startups |
Industry | Aerospace and Defense |
Number of Employees | 41 |
Omspace Rocket & Exploration Private Limited was founded in June 2020 and quickly emerged as a notable contender in India’s burgeoning private space sector. Incubated at the CrAdLE initiative by the Entrepreneurship Development Institute of India (EDII), the company seized early support from the AWS Space Accelerator and domestic angel investors. The primary goal from inception was to democratize access to space through developing affordable and efficient small satellite launch vehicles. The company’s early focus was on assembling a talented team of engineers and leveraging partnerships in the space industry.
Omspace operates with a vision to provide affordable launch services for small and nano satellites. Their flagship project, the Infinity One rocket, represents the culmination of efforts in innovation to support low-cost space missions. Achievements include:
Omspace is actively developing the Infinity One launch vehicle, focusing on low earth orbit missions that offer dedicated and shared satellite payload services. The company targets a strategic position within South Asia's private space segment by providing an indigenous alternative to international operators. Recent strategic initiatives include expanding their team and facilities and engaging in partnerships that emphasize technological development.
Omspace offers robust internship programs designed to immerse students in hands-on space technology development. Their programs focus on engineering and business development, providing interns with exposure to real-world applications and innovation in aerospace.
The recent $3 million pre-seed funding round marks a significant step for Omspace. With these funds, they aim to complete Infinity One’s development and conduct test trials as they edge closer to their commercial launch goals.
Omspace Rocket & Exploration Pvt Ltd is pioneering the path for private space exploration in India, with a clear focus on cost-effective and eco-friendly satellite launch solutions. Their commitment to innovation and sustainability reflects broader industry trends, positioning them as key players in the future of space exploration. As they continue to grow, their strategic collaborations and advanced technological focus will likely play a critical role in their market leadership and global expansion.