New Delhi, March 31 -- Bellatrix Aerospace raises $20 million in a Pre-Series B funding round led by Cactus Partners, as the company moves to scale commercial production of its in-space propulsion systems.

The funding marks a transition from flight-proven technology to large-scale manufacturing and global delivery. The company plans to use the capital to expand manufacturing facilities, deploy high-throughput production lines, and strengthen its supply chain to meet rising demand from satellite constellations.

The round includes new investors such as Hero Investment Office, 35 North Ventures, Indusbridge Ventures, and Monarch Holdings, along with continued participation from existing backers including Inflexor Ventures, Pavestone Capita...