Dream Aerospace, an innovative aerospace and defense startup, has raised ₹3 crores in a pre-seed funding round led by Inflection Point Ventures (IPV).
The funds will be used to accelerate the development of its ATOM Thruster, validate its propulsion system, and establish an in-house High Altitude test facility.
“This is an exciting milestone for DREAM Aerospace as we continue our journey to revolutionize satellite propulsion systems. Our vision is to enable cutting-edge, efficient, and scalable solutions that empower the next generation of CubeSats and larger satellites. With the momentum gained through this funding, we are poised to accelerate our product development, expand our capabilities, and strengthen collaborations across the space ecosystem. We remain committed to pushing the boundaries of innovation and propelling the dream of advanced space technology into reality,” said Hari Krishnan KJ & Rogith S Co-Founders, DREAM Aerospace.
Mitesh Shah, Co-Founder, Inflection Point Ventures, said, “Dream Aerospace is revolutionizing the aerospace industry with its innovative approach to propulsion systems. By developing customizable, affordable, and agile thrusters, the startup is enhancing satellite operations and space missions. By improving fuel handling processes, it is prioritizing safety for ground personnel. Additionally, they are addressing the critical demand for environmentally friendly and efficient propulsion systems, paving the way for a more sustainable future in aerospace technology.”
Founded in 2022 by Hari Krishnan KJ and Rogith S, Dream Aerospace aims to revolutionise satellite propulsion systems by offering high-performance, cost-effective, and scalable solutions tailored to diverse mission needs.
Furthermore, Dream Aerospace is prioritizing safety by improving fuel handling processes for ground personnel.
Currently outsourcing production to meet early market demands, Dream Aerospace plans to establish in-house production facilities with an annual capacity of 40–50 thrusters, ensuring scalability and efficiency.
