Omspace Rocket and Exploration
Overview
Omspace Rocket and Exploration, founded in 2020, is a prominent player in the spacetech industry focusing on providing cost-effective and reusable launch vehicles for small and nano satellites. Headquartered in Ahmedabad, India, the company was co-founded by Ravindra Raj Binod Mistri, Maulik Mota, and Stutika Padamshali. The company raised $3 million in pre-seed funding in July 2025 which is utilized for advancing their flagship launch vehicle, Infinity One, designed to democratize access to space for emerging markets.
Recent Developments
- July 2025: Omspace Rocket and Exploration secured $3 million in a pre-seed funding round led by undisclosed family offices and angel investors. The funds are allocated towards the development of Infinity One, a modular satellite launch vehicle capable of carrying 350 kg payloads to altitudes up to 800 km. The capital infusion also supports the expansion of their R&D team and improvements in manufacturing infrastructure. (INC42, IndianWeb2)
- 2025: The startup participates in international initiatives such as the AWS Space Accelerator, gaining access to a grant of $100K and involvement in T-Hub Hyderabad initiatives. This engagement is a testament to their growing international footprint and ambition to place India prominently on the global spacetech map. (Crunchbase, Tracxn)
- 2024: The company's efforts to raise funding align with broader trends in India's spacetech industry, which has witnessed a significant 35% YoY reduction totaling $81 million in funding, as observed in 2024. This increase in activity is notable in the context of policy support from regional governments in India. (Evertiq)
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2020 |
| Headquarters | Ahmedabad, Gujarat, India |
| Founders | Ravindra Raj Binod Mistri, Maulik Mota, Stutika Padamshali |
| Revenue | Not publicly disclosed |
| Profits | Not publicly disclosed |
| Key Investors | ThinKuvate, AWS Startups, undisclosed family offices |
| Industry | Aerospace and Defense |
| Number of Employees | 41 |
Early History
Omspace Rocket and Exploration was founded in 2020 to innovate in India’s burgeoning private space industry. The company built a foundation aimed at creating cost-effective, reusable launch solutions for small satellite missions. Incubated at the Entrepreneurship Development Institute of India's CrAdLE program, Omspace drew upon local talent and strategic regional partnerships to pioneer advancements in the space-tech sector. Early milestones include the initial development of mission-driven launch vehicles and establishing relationships with international collaborators such as the AWS Space Accelerator. These efforts position Omspace as a rising competitor in the global small satellite deployment market.
Company Profile and Achievements
Omspace Rocket and Exploration operates under a business model focused on the development of reusable and affordable launch platforms. Designed since inception to drive democratization of technology access, they aim to cater especially to emerging markets. Significant accomplishments include:
- Infinity One: The upcoming flagship launch vehicle can carry payloads up to 350 kg into Low Earth Orbit (LEO). The commitment to affordability and reusability distinguishes Infinity One in the competitive launch sector. (PitchBook)
- Incubation and Support: As an alumnus of the CrAdLE initiative, the company has benefited from strategic guidance aiding in overcoming initial launch and funding challenges. (Prittle Prattle News)
- International Presence: With offices in Dubai under OSRE FZC, Omspace expands its outreach efforts internationally. Participation in programs like T-Hub Hyderabad reinforces their strategic objective of entering new markets. (Crunchbase)
Current Operations and Market Position
Omspace currently focuses on completing the final prototyping for Infinity One and preparing for its test launch. By enabling reusable, modular satellite launch vehicles, the company positions itself against competitors such as SpaceX and Relativity Space. Engaging with policies such as Make in India and Startup India, Omspace aims to grow its footprint domestically and broaden opportunities for global collaboration. The company envisions scaling operations significantly by tapping into India’s vibrant innovation ecosystem, with a trajectory towards capturing increased market share across the international space launch domains.
Omspace Internship
The company has been proactive in fostering talent through internships, which align with their strategic intent to nurture industry-ready professionals capable of contributing to the aerospace field’s growth. Recent acknowledgments of interns demonstrate the role of mentorship in retaining skilled labor within the industry.
Omspace Funding
The $3 million pre-seed funding round has positioned Omspace to bolster its infrastructural capabilities and fuel the next-generation launch technologies like Infinity One. Strategic backers include a mix of family offices and regional risk capital who align with Omspace’s long-term vision. (BW Disrupt)
Conclusion
Omspace Rocket and Exploration has swiftly emerged as a pivotal player in space technology, buoyed by strategic funding and a strong focus on innovation. The company’s contributions to the aerospace landscape underscore its potential to redefine satellite deployment solutions, particularly for markets seeking budget-friendly options. With strategic oversight and investment flowing into India’s spacetech sector, Omspace's trajectory suggests a promising future of sustainable growth and international collaboration.