SpaceFields is turning solid propulsion R&D into scaled manufacturing
In 2025, Bengaluru-based spacetech startup SpaceFields was best known for its work on solid rocket propulsion and an Aerospike engine it hoped could make rocket launches more efficient. The company was then a relatively small, IISc-incubated startup working to develop its propulsion technology and build out its manufacturing capabilities.
Via YourStory
Just a year down the line, SpaceFieldsSpaceFields has expanded both its team and its ambitions, with defence now becoming an increasingly important part of its business.
The startup has raised Rs 53.5 crore to date, including a Rs 42.5 crore pre-Series A round. It has used the capital to establish a 45,000-square-foot R&D facility in Bengaluru's Rajajinagar Industrial area, which has received DSIR certification. Its team has grown to nearly 60 people, with hiring across aerospace engineering, materials, chemicals, avionics…
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