SpaceFields

SpaceFields is a deep-tech aerospace startup specializing in advanced solid propulsion systems for the next generation of rockets, drones, and defense platforms. SpaceFields is at the forefront of indigenous, dual-use propulsion innovation. The company’s unique value proposition lies in its platform approach—developing custom, mission-critical solid-fuel systems that are reliable, scalable, and cost-efficient for both space and defense sectors. 

Core Products and Services

• Solid Propulsion Systems: Custom-designed solid rocket motors for launch vehicles, tactical missiles, UAVs, and hypersonic platforms. Proprietary energetic materials, including ADN-based green propellants for enhanced performance and reduced environmental impact.

• Aerospike Rocket Engines: India’s first altitude-compensating aerospike engine, enabling single/two-stage-to-orbit missions with higher efficiency and lower fuel consumption.

• Pyrotechnic & RATO Systems: Rocket-Assisted Take-Off (RATO) boosters for drones, pyro ignitors, and cartridges for defense and aerospace applications.

• Dual-Use Components: Indigenous, low-cost pyrotechnic systems for the Indian Navy and other defense users.

Business Model & Revenue Streams

• Product Sales: Turnkey solid propulsion systems, motors, and pyrotechnic solutions for B2B and B2G clients.

• R&D Contracts & Grants: Early revenue from iDEX (Innovations for Defence Excellence) challenges, Startup India Seed Fund, Boeing India, and state government grants.

• Licensing & IP: Future potential from licensing proprietary propulsion and energetic material technologies.

Customer Segmentation

• B2B: Aerospace OEMs, drone manufacturers, tactical systems integrators.

• B2G: Indian defense agencies (DRDO, Indian Air Force, Navy), DPSUs (HAL), ISRO, and international partners.

Top Clients & Partnerships

1. Key Clients & Pilots

• Indian Air Force, DRDO, HAL, Indian Navy (iDEX challenge winner for naval pyrotechnics), tactical drone companies, and multiple aerospace OEMs.

2. Strategic Partnerships

• MoU with National Aerospace Laboratories (NAL); ongoing discussions with ISRO for aerospike-based missions.

• Supported by Startup Odisha, Startup Karnataka, and Boeing India for R&D and manufacturing scale-up.

3. Investor Base

• HVB 88 Angels (US), O2 Angels Network, Vinners, Burla Angels, Jamwant Ventures, Samarthya, and prominent angel investors from the defense/aerospace sector.

Future Outlook & Strategic Priorities

• Manufacturing Scale-Up: Establishment of a dedicated facility for solid propulsion and aerospike engine production.

• Product Innovation: Continued R&D in green propellants, altitude-compensating engines, and dual-use components.

• Market Expansion: Deeper penetration into defense, UAV, and commercial spaceflight markets; early international pilots with global OEMs.

• Capital Intensity: Ongoing R&D and manufacturing scale-up require patient, sector-focused capital.

• Regulatory Uncertainty: Space Activities Bill and evolving defense procurement norms may impact go-to-market timelines.