Round led by Speciale Invest and Ashish Kacholia, with participation from Antler Elevate, Antler India, Manish Gandhi, Shastra VC, and others

The pre-Series A funding will support four in-orbit missions over the next 12-18 months, advancing flight qualification across propulsion, sensing, autonomous operations, robotics, docking and refuelling.

InspeCity will also scale propulsion systems and inspection satellite offerings, strengthen its engineering teams, and advance its roadmap for in-space servicing and life extension.

India, 27th August, 2026: InspeCity, one of the leading space technology companies in India building technologies and platforms for in-space servicing, mobility, and satellite life-extension, has raised ₹100 crore, approximately US$10.5 million, in its pre-Series A round.

The round was led by Speciale Invest and Ashish Kacholia, with participation from Antler Elevate, Antler India, Manish Gandhi, Shastra VC, and others.

The venture financing marks InspeCity's transition from developing and validating technologies for autonomous operations in space to flight qualification, orbital deployment, and commercial delivery.

Founded in 2022, InspeCity began with a long-term thesis it calls Earth 2.0: which posits that space economy and space asset management will require infrastructure capable of moving, inspecting, maintaining, repairing, refuelling, and assembling assets in space.

The company's near-term answer is Vehicle for life-Extension and Deorbiting Activities (VEDA), an autonomous in-space servicing architecture designed to extend satellite lifetimes and progressively enable more sophisticated orbital servicing.

InspeCity has therefore broken satellite life-extension into the fundamental capabilities required for autonomous operations in space.

These include GITA (Green Impulse TrAnsmitter) for spacecraft propulsion and mobility; CHAKSU (Comprehensive AI-enabled satellite-tracking Sensor Unit) for sensing, navigation, and proximity operations; RAMA (Remotely Actuated Motorized Arm) for robotic manipulation; and SPARSH (Self-aligning Port for Autonomous Refueling and Satellite Housekeeping) for cooperative docking and in-orbit propellant transfer.

Together, these technologies are the building blocks for increasingly capable orbital platforms spanning RIG (Remote Inspection and Guidance), VEDA, and SAMA (Space Based Maintenance Asset).

The ₹100 crore financing will support InspeCity’s next phase of flight qualification, commercial deployment and scale-up.

Over the next 12-18 months, the company plans to execute four in-orbit missions across the RIG-X, VEDA-X and SAMA-X mission roadmap, progressively validating its propulsion, sensing, autonomous operations, robotics, docking and refuelling capabilities in space.

In parallel, InspeCity will scale commercial deployment of its GITA propulsion systems and RIG-based capabilities, while expanding engineering, manufacturing and mission execution capacity.

Key Milestones

Flight qualification: Advance qualification of InspeCity’s core in-space technologies.
Orbital missions: Execute four progressively complex in-orbit missions.
Commercialisation: Scale GITA and RIG offerings for satellite customers.
Scale-up: Expand manufacturing of GITA, engineering and mission operations.

InspeCity’s technology stack has been supported by India’s defence and space innovation ecosystem, including the iDEX programme, providing early institutional validation for its capabilities.Prof. Arindrajit Chowdhury, Founder and CEO of InspeCity, said:

"When we started InspeCity, Earth 2.0 was deliberately a long-term thesis. We asked: if meaningful economic activity moves beyond Earth, what machines and infrastructure must exist first? That question led us to VEDA and to the propulsion, sensing, autonomy, robotics, docking, and refuelling technologies we have spent the last few years building."

"This round marks our transition from proving technologies individually to qualifying an integrated architecture in space and putting it to work for customers. Satellite life-extension is the first major problem we are solving, but the ability to inspect, approach, dock with, manipulate, refuel, and maintain spacecraft is foundational to a much larger in-space economy."

"The next phase is about execution: fly, qualify, and deliver. We want customers and partners to see the technology de-risked through flight, our team to have the resourcesto execute, and the ecosystem to see that sophisticated in-space capabilities can be designed, built, and operated from India. The ambition has not become smaller. The pathway has become much more specific."

Vishesh Rajaram, Managing Partner, Speciale Invest said, " In-space servicing is one of the few categories where the technical moat and the commercial need arrive at the same time. InspeCity has built the full stack propulsion, robotics and RPOD in-house, which is rare anywhere in the world and rarer still at this cost base. We wrote their first institutional cheque and we're leading this round because the team has done what it said it would do, on timelines unusual for hardware of this complexity. India has spent a decade proving it can put things into orbit affordably. The next decade is about what we can do once they're up there, and we think this team is positioned to define that."

Ashish Kacholia, Founder, Lucky Investment Managers said, “Prof. Arin and the InspeCity team have set out to solve some of the most complex challenges in the space sector from building and scaling satellite propulsion systems in India for a global customer base, to enabling in-orbit inspection, interception, docking, and life-extension services, alongside other strategic missions. Their success across multiple iDEX challenges and government grants is a strong validation of both the team’s technological capabilities and the potential of their vision. I wish the team every success as they continue to strengthen India’s space capabilities while building a globally relevant and scalable space-tech business.”

About InspeCity

Founded in 2022 by alumni of IIT Bombay, InspeCity is an Indian space technology company developing vertically integrated technologies and platforms for in-space mobility, inspection, satellite life-extension, and servicing.

Its proprietary stack spans GITA propulsion, CHAKSU sensing and autonomous proximity operations, RAMA robotics, and SPARSH docking and refuelling, integrated progressively across RIG, VEDA, and SAMA.

Through its long-term Earth 2.0 thesis, InspeCity seeks to build infrastructure for sustained economic activity in space through advanced technology-driven space asset management, beginning by making orbital assets more serviceable, maintainable, and longer-lived.

www.inspecity.com

Media Contact:

80-dB Communications

Pragati Puri | e: pragati@80-db.com | m: +91 9902039017

Aishwarya Rastogi | e: aishwarya@80-db.com | m: +91 7307180317

For InspeCtiy :

Arun RadhaKrisnan | e: arun@inspecity.com |