Key Metrics
  • No. of Employees339
  • Founded Year 2011
  • Company StagePublic Limited Company
  • Total Funding₹5.56 Cr
  • Industry

  • Headquarter
  • Company StatusAcquired
About Asteria Aerospace

Asteria Aerospace, a leading robotics and artificial intelligence company, specializes in the development of drone-based solutions aimed at extracting actionable intelligence from aerial data. With a comprehensive understanding and ownership of the entire drone technology stack, including hardware, software, and analytics, Asteria Aerospace possesses the capability to create highly tailored aerial remote sensing tools.

In the realm of security and surveillance, Asteria stands out by offering specialized solutions designed for military, paramilitary, and police forces. These solutions are characterized by best-in-class performance and proven reliability, particularly in challenging environments. For industrial clients, Asteria provides end-to-end solutions facilitating autonomous surveying, inspection, and monitoring of assets across sectors such as oil and gas, mining, construction, and agriculture.

The overarching mission of Asteria Aerospace is centered around the development of drone-based solutions seamlessly integrated into operational workflows. By doing so, the company aims to enhance safety, while simultaneously optimizing time and cost efficiencies for its clients.

Top Competitors
UR
UrbanmatrixU72900MP2019PTC049276
TD
Tsaw DronesU29304UP2019PTC118508
GA
Garuda AerospaceU74900TN2015PTC102474
Asteria Aerospace Funding Details
Funding Highlights
Latest Funding RoundSeed
Total Funding Raised₹5.56 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors1
Investors
  • Reliance Industries
Asteria Aerospace Financial Details
Financial Highlights
FY 2023-24 Revenue₹41.57 Cr
FY 2023-24 Expenses₹43.56 Cr
FY 2023-24 Profit/Loss-₹1.99 Cr
Net Cash Flow From Operations₹8.24 Cr
Asteria Aerospace Key People
People Metrics
Current Core Team2
Board Members/Directors5

Core Team

NM
Neel MehtaCo-Founder
NV
Nihar VartakCo-Founder

Board Members/Directors

NM
Neel Mehta Whole-time director
NV
Nihar Vartak Whole-time director
KM
Kshitij Marwah Director
DH
Dhirendra Harilal Shah Director
ST
Shobhan Thakore Director
Asteria Aerospace Documents

AY - 2020-21

Profit and loss statement - Asteria Aerospace - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Asteria Aerospace for FY 2020-21
₹249.00 ₹498.00
Balance sheet - Asteria Aerospace - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Asteria Aerospace for FY 2020-21
₹249.00 ₹498.00

AY - 2021-22

Profit and loss statement - Asteria Aerospace - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Asteria Aerospace for FY 2021-22
₹249.00 ₹498.00
Balance sheet - Asteria Aerospace - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Asteria Aerospace for FY 2021-22
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - Asteria Aerospace - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Asteria Aerospace for FY 2022-23
₹249.00 ₹498.00
Balance sheet - Asteria Aerospace - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Asteria Aerospace for FY 2022-23
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - Asteria Aerospace - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Asteria Aerospace for FY 2023-24
₹249.00 ₹498.00
Balance sheet - Asteria Aerospace - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of Asteria Aerospace for FY 2023-24
₹249.00 ₹498.00

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