InspeCity has raised $1.5 million in pre-seed funding to develop green propulsion systems and orbital transfer vehicles aimed at extending the life of satellites and enhancing the sustainability of space operations.

Target Company Overview

InspeCity, a pioneering startup focused on space technology, has successfully secured $1.5 million in pre-seed funding. The company specializes in developing green propulsion systems, orbital transfer vehicles (OTVs), and in-space servicing for satellites. These advanced technologies are crucial for creating a sustainable ecosystem in space, addressing the increasing demand for satellite life-extension and maintenance.

With a commitment to enhancing satellite longevity and operational efficiency, InspeCity aims to provide solutions that cater to the growing needs of the space economy. The startup's focus on innovative orbital transfer vehicles will facilitate the repositioning and servicing of satellites, ultimately extending their operational lifespan significantly.

Industry Overview in India

The Indian Space Tech ecosystem has witnessed substantial growth in recent years, attracting significant investment and innovation. Speciale Invest, an early-stage investor, has been closely monitoring this sector and has already