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Home » Bellatrix Aerospace raises funds
Funding

Bellatrix Aerospace raises funds

News DeskBy News Desk7 June 2022No Comments1 Min Read
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Spacetech startup Bellatrix Aerospace raised $8 million in a round led by Inflexor Venture and BASF Venture Capital GmbH

The company plans to use this funding to expand its commercialization efforts by the end of 2022 with the launch of space taxis

Space taxis would be a business-to-business offering

It will allow the company to launch multiple micro-satellites into space on behalf of its clients using one Orbital Transfer Vehicle

The initial version of the Space Taxi, called the Pushpak, can carry satellites up to 600 kg

The company also tested a green propulsion system last month

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