Ahmedabad-based Omspace Rocket & Exploration Pvt. Ltd., an innovative space-tech startup incubated at CrAdLE (Centre for Advancing & Launching Enterprises) under the Entrepreneurship Development Institute of India (EDII), has successfully secured $3 million in a pre-seed funding round. This milestone investment, led by a prominent Family Office and an Angel Investor, marks a significant leap for Omspace’s flagship project — Infinity One, a homegrown modular launch vehicle designed to carry small satellites into Low Earth Orbit (LEO).
Omspace’s Vision: Democratizing Space Access with ‘Infinity One’
Founded in 2020 by a passionate team comprising Dr. Ravindra Raj Binod Mistri, Maulik Mota, and Stutika Padamshali, Omspace aims to revolutionize India’s growing space-tech ecosystem by building cost-effective, fuel-efficient, and reliable small satellite launch solutions. The startup’s flagship launch vehicle, Infinity One, targets payloads of up to 350 kg with altitudes reaching 800 km, making it ideal for a wide range of small and nano-satellite missions.
Operating from Ahmedabad, with an overseas presence in Dubai via its branch OSRE FZC, Omspace is committed to enabling emerging markets and businesses to unlock space capabilities, thus playing a crucial role in India’s ambitions to bolster indigenous space technologies.
Planned Use of Funds: Prototype Testing and Scaling Up Operations
The freshly raised $3 million will be strategically deployed to:
Finalize and conduct test launches of the Infinity One prototype, validating design and operational efficiency
Expand Omspace’s research and development team, attracting specialized talent across aerospace engineering, avionics, and manufacturing
Strengthen manufacturing infrastructure and ground support systems to streamline production and launch readiness
This infusion of capital and enhanced focus on R&D will accelerate Omspace’s roadmap towards its first commercial launch, anticipated as early as January 2028.
Backed by CrAdLE and EDII: Nurturing Homegrown Aerospace Innovations
Omspace’s incubation at CrAdLE, a technology business incubator backed by the Department of Science and Technology, Government of India, and operated by EDII, has been fundamental in providing technical mentorship, business planning support, and strategic guidance. This ecosystem has empowered Omspace to push the boundaries of space engineering within India’s startup landscape.
Dr. Ravindra Mistri expressed gratitude:
“This funding is a major milestone in our mission to democratize access to space from India. We thank CrAdLE and EDII for their unwavering support, resources, and mentorship enabling us to take bold leaps in our endeavors.”
Dr. Satya Ranjan Acharya, Director of CrAdLE, added:
“Supporting ventures like Omspace aligns with our vision to position India as a global leader in space innovation through indigenous entrepreneurship.”
Omspace’s Role in India’s Evolving Private Space Sector
India’s space sector is witnessing a vibrant transformation, with private startups playing an increasingly pivotal role alongside established entities like ISRO. Omspace is part of this new wave, aiming to develop reusable and modular launch systems specifically tailored for small and nano satellites, thereby reducing costs and increasing launch frequency.
The company’s dedication to 3D printing, smart materials, advanced navigation, and avionics reflects a cutting-edge approach that could significantly boost India’s competitiveness in the space launch market—especially catering to diverse commercial, scientific, and defence satellite needs.
Promoting Space Education and Skill Development Across India
Beyond product innovation, Omspace stands out for its commitment to space education and talent development. Through workshops and training programs such as the “Youngspace” initiative, they have engaged over 55,000 individuals, fostering enthusiasm and skills in aerospace technology among Indian youth.
This dual focus on technology and capacity-building positions Omspace not just as a startup, but as a driving force in creating a sustainable and inclusive space ecosystem in India.
Looking Ahead: The Future of India’s Space-Tech with Omspace
As Omspace Rocket & Exploration gears up for prototype launches and commercial operations, this fresh funding injects momentum into India’s ambitions for affordable satellite deployment and global space technology competitiveness.
The $3 million capital infusion combined with strategic incubation support underscores a broader narrative—India is rapidly nurturing its indigenous space startups that blend innovation, affordability, and entrepreneurship to take the country’s space aspirations to new heights.
For Indian space enthusiasts, investors, and future collaborators, Omspace represents an exciting homegrown journey from concept to cosmos—making space accessible for all.