Key Metrics
- No. of Employees144
- Founded Year 2018
- Company StagePrivate Limited Company
- Total Funding₹644 Cr
- Industry
- Headquarter
- Company StatusActive
About NewSpace
Business Model
Defence startup NewSpace Research and Technologies designs and develops persistent drones for earth observation and communications. NRT platforms operate from 5 km to 20 km with varied endurance (a few days to months). Besides the defense market, it will also focus on civil logistics operations for drones.
Top Competitors
ID
IdeaforgeU31401MH2007PTC167669
TS
TsawU29304UP2019PTC118508
GA
Garuda AerospaceU74900TN2015PTC102474
SD
Skylark DronesU29253WB2015PTC207178
NewSpace Funding Details
Funding Highlights
Latest Funding RoundPre-Series B
Total Funding Raised₹644 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors2
Investors
- Pavestone Capital, HDA Tech Growth
Funding Details
Funding History
Funding Per Year
NewSpace Financial Details
Financial Highlights
FY 2023-24 Revenue₹5.2 Cr
FY 2023-24 Expenses₹67.14 Cr
FY 2023-24 Profit/Loss-₹62.07 Cr
Net Cash Flow From Operations-₹39.65 Cr
Full Financial Details
Financial Comparison
Revenue Breakdown
Expense Breakdown
Shareholding Structure
Financial Ratio
NewSpace Key People
People Metrics
Current Core Team2
Board Members/Directors4
NewSpace Documents