Jeet Chandan, angel investor and the co-founder of BizDateUp has made a strategic investment in Manastu Space, a space safety and logistics company.
Manastu Space had previously raised investment from firms like Capital 2B, BIG Capital, and E2MC.
“The space industry holds immense potential to address many challenges faced by humanity, from data-driven solutions to enhanced global connectivity through IoT platforms. At Manastu, we are committed to ensuring that space remains sustainable so its benefits can reach the last person on Earth. Our green propulsion systems are designed to maneuver satellites in space—whether to change orbits, avoid debris, or safely deorbit at the end of their life, creating space for new satellites and safeguarding the orbital environment. Jeet Chandan’s vision perfectly aligns with us, making this partnership truly impactful,” said Tushar Jadhav, Co-Founder of Manastu Space.
“What drew me to invest in Manastu Space was their focus on addressing one of the most critical challenges in the space industry, sustainability. Their advanced green propulsion systems and debris collision avoidance technologies are a perfect convergence of technical ingenuity and global necessity. The team’s clarity of mission and scalable, innovative solutions made this investment compelling. I am proud to support their vision of creating a cleaner, safer, and more inclusive orbital future,” said Jeet Chandan, co-founder of BizDateUp.
Founded in 2017 by Tushar Jadhav and Ashtesh Kumar, Manastu Space is a space safety and logistics company that has developed a green satellite propulsion system and debris collision avoidance technologies.
By enabling satellites to transition between orbits, avoid incoming debris, and safely deorbit at the end of their operational life, Manastu Space is setting new standards for sustainability in space operations.
Manastu Space had successfully tested its green propulsion systems and collision avoidance technology in space on 30th December 2024, demonstrating their reliability and efficiency under actual mission conditions.
