Pune, India: Space-tech startup BAAS Technologies has raised ₹5 crore in a pre-seed funding round led by Inflection Point Ventures to accelerate the development of reusable sub-orbital and orbital launch vehicle platforms.
The round also saw participation from SINE IIT Bombay and a group of private angel investors. The company will use the capital to advance research and development across solid and liquid rocket propulsion systems, build testing and manufacturing infrastructure, procure equipment and raw materials, expand its engineering and operations teams, support regulatory compliance, and move ahead with upcoming engine and flight-testing milestones.
BAAS Technologies is developing reusable launch vehicles for research institutions and commercial space customers. The company is working on an end-to-end launch vehicle platform, covering propulsion systems, flight hardware, avionics, aerostructures, simulation and manufacturing. Its focus is on building cost-effective launch systems that can support small satellite deployment, research payloads and future commercial space missions.
A key part of the company’s technology roadmap is its upcoming 100 kN rocket propulsion testing facility in Pune. The facility is expected to support static fire testing, engine validation and commercialisation of BAAS Technologies’ propulsion systems. Static fire testing is a critical step in launch vehicle development as it allows rocket engines to be tested on the ground before flight trials, helping validate thrust performance, ignition reliability, thermal behaviour and system safety.
The startup is also developing both solid and liquid rocket propulsion systems in-house. This gives BAAS greater control over the launch vehicle architecture and allows the company to customise engines and vehicle systems for different mission profiles. The company is developing multiple launch vehicle series designed for use cases ranging from research payloads to satellite deployment.
BAAS Technologies is registered in Nashik and has its R&D office and propulsion testing facility in Pune, Maharashtra. The company is incubated by SINE IIT Bombay, ARAI-AMTIF and AIC-JKLU. Its team brings together expertise across propulsion, avionics, aerostructures, simulation and manufacturing, while working with university partners, suppliers and industry experts.
The funding comes at a time when India’s private space sector is seeing growing investor interest following policy reforms and the opening of launch, satellite and space infrastructure opportunities to private companies. Reusable launch vehicle technology is becoming an important area of focus globally because it can reduce launch costs and improve the frequency of space missions.
With the new funding, BAAS Technologies aims to strengthen its engineering base, validate its propulsion systems and move closer to building indigenous reusable launch platforms for India’s emerging commercial space economy.
