Astrobase Space Technologies: Capital Raising
Astrobase Space Technologies selected for funding under IN-SPACe's Technology Adoption Fund scheme (capped at ₹25 Cr) to develop a high-thrust closed-cycle liquid rocket engine (800 kN) for space launch vehicles.
Source: Inc42 (India/SEA)
The leadership read
Will need aerospace engineers, propulsion specialists, mechanical engineers, systems engineers, manufacturing engineers, quality assurance specialists, and potentially operations/program management roles to execute development and manufacturing of rocket engines.
Market context: the MitchelLake Talent Market Index reads 108.5 — Hot (+10.8 vs prior month); Asia signal share is easing (-2.1pts).
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