India’s Bellatrix raises $20 million following overseas expansion drive
TAMPA, Fla. — India-based Bellatrix Aerospace announced March 27 it has raised $20 million to ramp up production of its satellite propulsion systems after securing its first large commercial customer outside the country. Indian venture capital firm Cactus Partners led the pre-Series B funding round, which Bellatrix said will help it shift to large-scale manufacturing…
