Astrophel Aerospace
Astrophel Aerospace is a cutting-edge space technology company specializing in the development of advanced propulsion systems and spacecraft solutions for commercial and government applications, pushing the boundaries of space exploration.
It has swiftly garnered acclaim for its innovative approach to space missions, satellite technology, and space tourism. The company engages in ambitious projects and collaborates with leading space agencies worldwide.
Founders
Suyash Bafna
Co – Founder & CEO
- B.Tech, ECE (Pune University)
- 3+ years’ experience (Family run Manufacturing Firm)
Immanuel Louis
Co – Founder & COO
- M.Tech, Aerospace Engg (MIT Chennai)
- 4+ years of experience spanning across consultancy, space tech and renewables.
Taj Baba
Co – Founder & CTO
- M.Tech, Thermal Engg (Osmania University)
- Ex Nal, 4+ years’ experience in Thermal Analysis and Turbomachinery.
Key Highlights
Cost Reduction
35-40%
Affordability
Most Affordable amongst competitors
High Payload capacity
Carry upto 300 Kgs to LEO
TRL
TRL of 8-9 to be achieved within 1 year
Altitude
Upto 12 Kms
Suborbital Launch
By early 2025
Key Investors & Partnerships
Deal Details
Current Deal Round
Pre Seed
Instrument
CCD
Minimum Ticket Size per Investor
INR 2,00,000
Round Size
INR 8 Cr (INR 6.5 Cr committed)
Soonicorn Platform Fee
Admin Fee: 2% of investment amount
Carry: 10%
Valuation
Cap INR 35 Cr
Floor INR 25 Cr
Discount
20% (6 Months)
30% (6-12 Months)
40% (12-24 Months)
*AIF Condition : Consolidated commitment for AIF should be more than INR 50 Lacs to qualify as a valid entry to the cap table
Deal Runner
Manvi Shukla
Devanshi Pahuja
Documents
Pitch Call and Deep Dive Call Recording
Media
Startup Mantra: Revolutionising private aerospace sector
Three youngsters launch Space Tech startup, aim to serve Indian defence sector as well as educate students interested in astronomy
A week before the Indian Space Research Organisation’s (Isro) ambitious project Chandrayaan 3 made history after the Lander Module (LM) touched the lunar South Pole, three youngsters Suyash Bafna, Md Taj Baba, and Immanuel Louis, all in their late twenties had gathered near Mantarwadi in Pune. On the night of August 14, inside a large industrial complex where the safe-test site was created, a sonic boom-like sound rocked the areas near the site prompting all security personnel, caught off-guard, to rush towards the scene. The trio, congratulating each other while enjoying their happiest and a ‘dream-come-true’ moment, had successfully test-fired a ‘semi-cryogenic engine,’ developed in-house by them using off-the-shelf components.
