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