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NewSpace Research Reviews

Bengaluru, Karnataka

5.0/ 5

1 review

NewSpace Research & Technologies Private Limited (NRT) is a prominent, fast-growing Indian aerospace and defense research and development company. Founded in 2017 by former Indian Air Force officer Sameer Joshi along with Julius Amrit, the startup has established itself as a pioneer in next-generation unmanned systems, collective robotics, and autonomous platforms. Headquartered in Bengaluru, Karnataka, with a registered corporate office in Greater Noida, Uttar Pradesh, the company specializes in dual-use technologies tailored for both military and civilian applications. The core operations of NewSpace Research revolve around designing, developing, and manufacturing advanced Cyber-Physical Aerospace Systems, particularly Unmanned Aerial Systems (UAS). NRT’s product portfolio focuses on high-endurance, persistent drones that operate at stratospheric altitudes. A key highlight is its High-Altitude Pseudo-Satellite (HAPS) UAV systems, engineered to fly at altitudes between 5 km and 20 km with multi-month endurance. These platforms provide vital solutions for long-duration earth observation, telecommunications relay, and persistent maritime or border surveillance. Additionally, NRT is heavily invested in developing Multi-rotor Unmanned Aerial Systems (MUAS) featuring advanced autonomous drone swarm technologies, artificial intelligence modules, and robust, resilient navigation systems capable of operating in GPS-denied environments. NRT serves critical government and defense establishments, including the Indian Ministry of Defence, the Indian Navy, the Indian Air Force, the Ministry of Home Affairs, and the National Disaster Response Force. Beyond domestic operations, the firm collaborates with global entities, such as the United States Air Force Research Laboratory under the Indo-US Defense Acceleration Ecosystem (IndUSX), to scale its advanced aerospace solutions internationally. Financially, NewSpace Research operates as a highly backed venture-funded private entity. It has successfully raised substantial capital across multiple funding rounds to support its high fixed operational expenses, research and development costs, and continuous product innovation. Notably, the company secured a $73.2 million Series B funding round in 2024, pushing its valuation to approximately $120 million. Investors in the firm include prominent institutional names such as Pavestone Capital, Trifecta Capital, Kiran Vyapar, and QRG Investments and Holdings. In August 2025, the company further strengthened its capital position by securing an additional INR 1.15 billion in venture debt funding to scale up its production capabilities and capital expenditures. Led by co-founders Sameer Joshi (CEO) and Julius Amrit (COO), the company has experienced rapid scaling. NRT is ISO 9001:2015 and AS9100 certified, underscoring its commitment to international aerospace quality standards. Supported by a workforce of over 530 employees as of mid-2026, the company continues to innovate at the cutting edge of defense automation, striving to position India as a global powerhouse for advanced unmanned aerospace systems.