# Abyom SpaceTech & Defence Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/abyom-spacetech-defence-private

- Industry: Aerospace
- Headquarters: Hyderabad, India
- Website: www.abyom.com
- Total disclosed funding: $2.5M
- Latest round: Seed (Nov 20, 2024)
- Investors on record: 1

## About

Founded in 2020 and based in India, Abyom SpaceTech & Defence focuses on the development of space technologies. In November 2024, Abyom SpaceTech & Defence Private Limited raised USD 2.5 million in venture funding from investor SCOPE VC. The founder has a background in aerospace engineering and has been involved in the space sector prior to establishing Abyom.  Jainul Abedin (CEO) and Pranchal Gupta founded the firm.

Abyom SpaceTech & Defence offers space technology and engineering solutions, primarily focusing on the development of re-ignitable and throttleable cryogenic rocket engines. Their core offerings include a Plug and Play Rocket Engine Testing Facility which is capable of testing engines with up to 50 kN thrust. 

Abyom SpaceTech & Defence generates revenue primarily through B2B transactions with clients, including universities and space technology companies. Revenue is derived from service agreements for testing at their Plug & Play facility and collaborations for rocket technology development. Pricing varies based on service complexity and duration, with a focus on proprietary technologies such as the Pintle Injection system. 

The company plans to utilize the USD 2.5 million raised in November 2024 to advance the development of reusable launch vehicles. This includes the upcoming launch of their Suborbital Reusable Sounding Rocket (RSR) in December 2026, the Small Reusable Launch Vehicle (SRLV) in December 2027, and the Medium Reusable Launch Vehicle (MRLV) in December 2028. Abyom SpaceTech & Defence is also targeting expansion into additional markets within the Asia-Pacific region, enhancing their client base and service offerings.

## Funding rounds

- Seed, Nov 20, 2024, $2.5M — SCOPE VC

## Investors

- SCOPE VC (https://capitalatlas.ai/funds/scope-vc) — Seed