NewSpace Research and Technologies
Bengaluru-based aerospace and defence R&D company building unmanned aerial systems — including swarm drones, loitering munitions, and a High-Altitude Pseudo-Satellite (HAPS) — for the Indian Ministry of Defence, NDRF, Ministry of Home Affairs and other government agencies, alongside civil use-cases like logistics and surveillance. Founded by former IAF officer Sameer Joshi. (Note: founded_year is filed as 2017, matching the company's…
NewSpace Research and Technologies: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 29 Aug 2025 | Debt | ₹115 Cr ($13.3 Mn) | Lend Lease Company India Ltd Ahmed Ali Husain Nalwala ARA Investment Gauri Khan Family Trust NK Trust Weil Investments | source |
| 1 Mar 2024 | Bridge | $52 Mn (₹430.9 Cr) | 360 ONE Asset Cornerstone Venture Partners Ranjan Pai SIDBI State Bank of India Volrado Venture Partners | source |
| 30 Dec 2022 | Pre-Series B | ₹26.6 Cr ($3.21 Mn) | QRG Investments and Holdings Ahmed Ali Husain Nalwala Anurag Bhatnagar DS Group (Dharampal Satyapal Ltd) Greentech Power Pvt Ltd Preety Daljeet Singh Santosh Daljeet | source |
| 22 Feb 2022 | Series A | $21 Mn | Pavestone Capital | source |
Recent Signals
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30 Dec 2022 · growth-traction
Indian Army signs Rs 200+ Cr combined swarm-drone deals with NewSpace and Raphe mPhibr source -
22 Feb 2022 · regulatory
Ministry of Defence signs deal with NewSpace to develop High-Altitude Pseudo Satellite source -
4 Sep 2021 · growth-traction
Indian Army awards $15 Mn contract for 100 swarm drones to NewSpace source
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Who founded NewSpace Research and Technologies?
NewSpace Research and Technologies was founded by Sameer Joshi, Julius Amrit in 2017.
How much funding has NewSpace Research and Technologies raised?
NewSpace Research and Technologies has raised $89.51 Mn across 4 tracked funding round(s), most recently on 2025-08-29. Figures are compiled from cited public sources.
Who are the investors in NewSpace Research and Technologies?
Investors in NewSpace Research and Technologies include Lend Lease Company India Ltd, Ahmed Ali Husain Nalwala, ARA Investment, Gauri Khan Family Trust, NK Trust, Weil Investments, 360 ONE Asset, Cornerstone Venture Partners.
What does NewSpace Research and Technologies do?
Bengaluru-based aerospace and defence R&D company building unmanned aerial systems — including swarm drones, loitering munitions, and a High-Altitude Pseudo-Satellite (HAPS) — for the Indian Ministry of Defence, NDRF, Ministry of Home Affairs and other government agencies, alongside civil use-cases like logistics and surveillance. Founded…
Where is NewSpace Research and Technologies headquartered?
NewSpace Research and Technologies is headquartered in Bengaluru, Karnataka, India.
What is NewSpace Research and Technologies's business model?
NewSpace Research and Technologies's core value proposition centers on Persistent, long-endurance UAV product line, High-Altitude Pseudo Satellite (HAPS) for stratospheric surveillance, Swarm drone systems for military operations.
How does NewSpace Research and Technologies make money?
NewSpace Research and Technologies's cited revenue streams include Government defense procurement contracts.