TDB-DST to give ₹116 crore RDI Fund support to Manastu Space for green satellite propulsion
On 26 October 2026, the Technology Development Board under DST signed an agreement with Navi Mumbai-based Manastu Space Technologies for ₹116 crore of support under the RDI Fund to develop a hydrogen peroxide-based green propulsion system.
Summary
The Technology Development Board (TDB) of the Department of Science and Technology signed an agreement on 26 October 2026 with Manastu Space Technologies Pvt Ltd, Navi Mumbai, for financial support of ₹116 crore under the Research Development and Innovation (RDI) Fund. The ₹277.63-crore project will develop a scalable green propulsion system for satellites and launch vehicles in the 5 mN to 300 N thrust class and take it from Technology Readiness Level 6 to 9. The system uses a hydrogen peroxide-based green propellant with an ultra-high-temperature ceramic catalyst and has already been demonstrated in space. The support will be given as Optionally Convertible Debt.
Key facts
- Funder
- Technology Development Board (TDB), DST
- Company
- Manastu Space Technologies Pvt Ltd, Navi Mumbai
- Support
- ₹116 crore under the RDI Fund
- Total project cost
- ₹277.63 crore
- Instrument
- Optionally Convertible Debt
- Thrust class
- 5 mN to 300 N
- Propellant
- Hydrogen peroxide-based green propellant
- Readiness goal
- TRL-6 to TRL-9
Practice MCQs 2 questions
The green propulsion system of Manastu Space, backed by TDB-DST in October 2026, uses a propellant based on which chemical?
Show answer
Correct answer: D — Hydrogen peroxide
In October 2026, the Technology Development Board signed an agreement to give ₹116 crore under the RDI Fund to which company?
Show answer
Correct answer: A — Manastu Space Technologies