Manastu Space News Today : Breaking News, Live Updates & Top Stories | Vimarsana

India's private space industry has welcomed the easing of its Foreign Direct Investment (FDI) policy, describing it as a "pivotal move" to boost investments and increase the country's share in the global space economy. Industry leaders believe that the government's decision to permit 100% overseas investment in satellite component manufacturing and up to 49% FDI through the automatic route for launch vehicles and associated systems or subsystems has provided much-needed clarity for the sector.

Spacetech startup Manastu Space has secured $3 million in its pre-Series A funding round led by IAN.

Spacetech startup Manastu Space, deeptech firm Datoms, drone maker Urban Matrix and flexible workspace platform Qdesq have secured early-stage funding, the companies said on Thursday.  Manastu Space  Manastu ......

Indian space-tech start-up Manastu Space has raised USD 3 million from a host of institutional and angel investors to accelerate development and deployment of green propulsion and debris collision avoidance system and in-space services.

This funding will accelerate the development and deployment of Manastu's green propulsion and debris collision avoidance system, and in-space services, the Mumbai-based company said in a statement.