Dream Aerospace, a startup in the aerospace and defense sector, has raised Rs 3 crore in a pre-seed funding round. The funding was led by Inflection Point Ventures (IPV), an angel investment firm based in Gurugram.
The newly raised capital will help Dream Aerospace accelerate the development of its innovative ATOM Thruster. The funds will also be used to validate the propulsion system and establish an in-house High Altitude test facility. These advancements are expected to strengthen the company’s position in the aerospace industry.
About Dream Aerospace
Dream Aerospace was founded in 2022 by Hari Krishnan KJ and Rogith S. The startup focuses on revolutionizing the aerospace industry with advanced propulsion systems. Its customizable and affordable thrusters are designed to enhance satellite operations and space missions.
The company prioritizes safety by improving fuel handling processes for ground personnel. It is also addressing the growing demand for environmentally friendly and efficient propulsion systems, contributing to a sustainable future in aerospace technology.
Advanced Space Technology
“This funding is a major milestone for Dream Aerospace. Our goal is to revolutionize satellite propulsion systems with cutting-edge, efficient, and scalable solutions. We aim to empower the next generation of CubeSats and larger satellites,” said the founders.
They added that the funding will help accelerate product development, expand capabilities, and strengthen partnerships within the space ecosystem. Dream Aerospace remains committed to pushing the boundaries of innovation and advancing space technology.
Scalable Propulsion Systems
Dream Aerospace offers superior propulsion performance at a lower cost compared to international alternatives. Its scalable and indigenous technology positions the startup as a strong competitor in the rapidly growing space industry.
Currently, the company outsources production to meet early market demands. However, it plans to establish in-house production facilities with an annual capacity of 40–50 thrusters. This will ensure scalability and operational efficiency.
Support for Dream Aerospace
Mitesh Shah, Co-Founder of Inflection Point Ventures, expressed confidence in the startup. He highlighted Dream Aerospace’s innovative approach to propulsion systems, which includes customizable, affordable, and agile thrusters. Shah also praised the company’s focus on safety, environmental sustainability, and efficiency in aerospace technology.
