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Bellatrix Aerospace

Bellatrix Aerospace Pvt. Ltd. Bengaluru, Karnataka Founded 2015 bellatrix.aero ↗
Rohan Ganapathy · Co-Founder & CEO Yashas Karanam · Co-Founder
$34 MnTotal funding (tracked)
4Funding rounds
28 Mar 2026Last round
100Team size (sourced)

Bellatrix Aerospace: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

Best-in-class performance and efficiency

Homepage value-proposition claim.

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Agile, in-house manufacturing

Vertically integrated development and manufacturing model.

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Green propulsion vs. hydrazine

Rudra propulsion line positioned as a safer, higher-performance alternative to conventional Hydrazine chemical propulsion.

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Payload-first satellite bus (space taxi)

Space-taxi model lets satellite operators focus on their payload rather than building a full satellite bus.

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Customer Segments

Satellites across orbit classes and mission types

Positions itself as a propulsion partner across electric, green, nano, GEO, mega-constellation and lunar mission segments.

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Customer Relationships

No cited public information yet.

Channels

No cited public information yet.

Key Activities

Electric propulsion (Hall-effect thruster) R&D

Over a decade of electric propulsion development; Arka Hall-Effect Thruster line.

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Green propellant and catalyst development

Proprietary non-toxic propellant blend and catalyst for the Rudra green propulsion line.

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Orbital transfer vehicle (OTV) operations

Pushpak OTV performs in-orbit satellite repositioning/deployment for launch partners such as NSIL.

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Key Resources

Bengaluru R&D and manufacturing facility

Announced $76 Mn investment in an R&D and manufacturing facility near Kempegowda International Airport, Bengaluru, to produce its thruster lines.

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Arka Hall-Effect Thruster IP

Proprietary Hall-effect thruster design, including a heaterless hollow cathode.

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Key Partnerships

ISRO

Rudra and Arka propulsion systems flight-qualified on ISRO's PSLV C-58 launch vehicle.

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NewSpace India Limited (NSIL)

MoU to integrate Bellatrix's Pushpak OTV into NSIL's launch missions.

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Astroscale Japan

MoU covering space sustainability, satellite servicing and in-orbit mobility collaboration; opens Japanese market entry for Bellatrix.

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TelePIX (South Korea)

Joint VLEO Earth-observation demo satellite targeting a 2028 launch; Bellatrix supplies the satellite bus and air-breathing electric propulsion.

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Revenue Streams

Thruster sales to satellite operators/OEMs

Direct commercial sale of propulsion hardware (Arka, Rudra) to satellite makers, in India and overseas.

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Cost Structure

No cited public information yet.

FAQs on Bellatrix Aerospace

What is Bellatrix Aerospace's business model?

Bellatrix Aerospace's core value proposition centers on Best-in-class performance and efficiency, Agile, in-house manufacturing, Green propulsion vs. hydrazine, Payload-first satellite bus (space taxi).

How does Bellatrix Aerospace make money?

Bellatrix Aerospace's cited revenue streams include Thruster sales to satellite operators/OEMs.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: bellatrix.aero www.forbesindia.com · Last verified 18 Jul 2026. · Report a correction