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•2 min read•
✦Reported by Business Line

Space tech startup Astrobase expands its rocket testing infrastructure in Andhra Pradesh

Space tech startup Astrobase expands its rocket testing infrastructure in Andhra Pradesh
Source: Business Line

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓Astrobase is expanding its rocket testing facility in Andhra Pradesh to 360 acres.
  • ✓The company signed an MoU to invest ₹800 crore in the site.
  • ✓CEO Neeraj Khandelwal said, “This expanded infrastructure will enable us to undertake critical testing programmes.” This move helps the startup build next-generation reusable launch vehicles.

Story at a Glance

Category
Indian Markets
Reported By
Business Line
Reading Speed
2 Minute(s)
Market Focus
India Economy

Bengaluru-based space tech company Astrobase is expanding its rocket testing infrastructure to approximately 360 acres, by adding 339 acres to its existing facility in Andhra Pradesh. It originally has 22-acre land.

The significant scale-up will strengthen the company’s capabilities across critical stages of launch vehicle development, testing and validation, with a strong focus on advancing next-generation reusable launch vehicle technologies. As part of this expansion, Astrobase Space Technologies has announced an investment of ₹800 crore in Andhra Pradesh towards scaling up its rocket testing and launch vehicle development infrastructure.

Astrobase Space Technologies Pvt Ltd has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board, Government of Andhra Pradesh, to expand its existing rocket engine testing facility at Thimmasamudram in Sri Sathya Sai district.

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