Newspace Research and Technologies - About the company
Newspace Research and Technologies is a series B company based in Bengaluru (India), founded in 2018 by Sameer Joshi. It operates as a Manufacturer of uncrewed aerial systems for military and civilian applications. Newspace Research and Technologies has raised $73.2M in funding from investors like Hda Tech Growth, Trifecta Capital and Pavestone Capital, with a current valuation of ₹*****. The company has 326 active competitors, including 60 funded and 29 that have exited. Its top competitors include companies like Anduril, Skydio and Shield AI.
Company Details
Manufacturer of uncrewed aerial systems for military and civilian applications. These systems include hybrid multi-rotor aircraft, tethered electric platforms, and loitering munitions. The technology incorporates intelligent mesh networks and autonomous ground interdiction capabilities. These platforms support parallel task execution and dynamic retasking for various operational requirements.
- Website
- newspace.co.in
- Email ID
- *****@newspace.co.in
- Phone Number
- +91 **********
- Registered Address
- UNIT NO AFOF151 4TH FLOOR GAUR WORLD SMART STREET MALL, GAUR MALL PLOT NO C -01A SECTOR 16B GREATER NOIDA WEST, Noida, Gautam Buddha Nagar, Noida, Uttar Pradesh, India, 201301
Key Metrics
Founded Year
2018
Location
Bengaluru, India
Stage
Series B
Total Funding
$73.2M in 12 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Jun 26, 2026
Investors
Ranked
5th among 326 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
532 as on Apr 30, 2026
Investment & Acquisitions
Legal entities associated with Newspace Research and Technologies
Newspace Research and Technologies is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
NEWSPACE RESEARCH & TECHNOLOGIES PRIVATE LIMITED CIN: U74999UP2017PTC092586 , India, Active | Apr 25, 2017 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 526 (As on May 01, 2026) |
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Newspace Research and Technologies's funding and investors
Newspace Research and Technologies has raised a total funding of $73.2M over 12 rounds. Its first funding round was on Jan 04, 2018. Its latest funding round was a Series B round on Aug 01, 2024 for $*****. 1 investor participated in its latest round. Newspace Research and Technologies has 41 institutional investors and 60 angel investors.
Here is the list of recent funding rounds of Newspace Research and Technologies:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 01, 2024 | 8088972 | Series B | 9941624 | 7696862 | 8471809 | 4453766 |
Apr 24, 2024 | 7555232 | Series B | 1333192 | 3057761 | 6589269 | 8188811 |
Mar 01, 2024 | 1264237 | Conventional Debt | 1165001 | 5759050 | 3531170 |
Access funding benchmarks and valuations. Sign up today!Newspace Research and Technologies' founders and board of directors
Founder? Claim ProfileThe founders of Newspace Research and Technologies is Sameer Joshi. Sameer Joshi is the CEO of Newspace Research and Technologies.
Here are the details of Newspace Research and Technologies' key team members:
- Sameer Joshi: Co-Founder & CEO & Director of Newspace Research and Technologies and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
Newspace Research and Technologies' Board of Directors
Newspace Research and Technologies's board has 4 active members. Sameer Joshi, Julius Amrit, Satya Sridhar Rampalli and Rajinder Rana are part of team.Here is the list of Newspace Research and Technologies' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 1y 7m | |
Team | - | Current | 5y 8m | |
qlkxzhp | Team | - | Current | 5y 8m |
Investor | - | Current | 9y 3m |
Newspace Research and Technologies' employee count trend
Newspace Research and Technologies has 532 employees as of Apr 26. The total employee count is 18.0% more than what it was in Apr 25. Here is Newspace Research and Technologies's employee count trend over the years:
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Newspace Research and Technologies's Competitors and alternates
Top competitors of Newspace Research and Technologies include Anduril, Skydio and Shield AI. Here is the list of Top 10 competitors of Newspace Research and Technologies, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Anduril 2017, Costa Mesa (United States), Series H | Provider of AI-driven defense and autonomous systems across air, land, sea, and space domains | $11.3B | 75/100 | |
2nd |  Skydio 2014, San Mateo (United States), Series F | Manufacturer of autonomous drones and related software, services, and accessories | $825M | 69/100 | |
3rd |  Shield AI 2015, San Diego (United States), Series G | Developer of AI-powered platforms and software for defense applications | $3.52B | 68/100 | |
4th |  Daedalean 2016, Zurich (Switzerland), Acquired | Developer of airborne systems for flight autonomy | $69.8M | 67/100 | |
5th |  Newspace Research and Technologies 2018, Bengaluru (India), Series B | Manufacturer of uncrewed aerial systems for military and civilian applications | $73.2M | 77/100 | |
6th | XTEND 2018, Florida (United States), Series B | Developer of AI-assisted tactical unmanned aerial systems for military use | $90M | 65/100 | |
7th |  Firestorm 2022, San Diego (United States), Series B | Developer of modular, mission-adaptable unmanned aerial systems and manufacturing solutions | $160M | 65/100 | |
8th | Fortem Technologies 2016, Provo (United States), Series B | Developer of airspace security and defense solutions for drone threats | $94.1M | 64/100 | |
9th | Teal Drones 2014, Salt Lake City (United States), Acquired | Provider of military drones | $7M | 63/100 | |
10th |  Red Cat 2016, San Juan (Puerto Rico), Acquired | Developer of unmanned aerial and surface vehicle systems for defense | $380K | - | 62/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Newspace Research and Technologies's competitors? Click here to see the top ones
Newspace Research and Technologies's Latest cap tables and shareholding
Founders own 8.71%, Funds own 30.41%, Enterprises (largest shareholder) own 33.02% and Angels own 22.62%. The net worth of Newspace Research and Technologies's founders is INR 116Cr as of Jun 26, 2026.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 8.71% | 116Cr | 8602555 | 7256102 | 8710394 | 3117001 |
1179579 | 5888002 | 8039154 | 4146123 | 1209354 | 1662048 | |
Fund | 30.41% | 404Cr | 1931168 | 1292340 | 2580411 | 1137186 |
3777253 | 1204547 | 4191136 | 7809126 | 6357455 | 5300835 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 33.02% | 439Cr | 4129030 | 9055688 | 1509242 | 6738862 |
Angel | 22.62% | 301Cr | 8972477 | 1494293 | 7132577 | 1184322 |
Other People | 0.29% | 3.81Cr | 0 | 0 | 0 | 0 |
ESOP Pool | 4.96% | 65.9Cr | 1385 | 6876 | 2681 | 2030 |
Total | 100.00% | 1,330Cr | 7666503 | 7202836 | 6381096 | 3274170 |
To unlock detailed Cap Table of Newspace Research and Technologies Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Newspace Research and Technologies's Shareholding
Newspace Research and Technologies's Investments and acquisitions
Newspace Research and Technologies has a total of 1 investment in ThreyeInc. Newspace Research and Technologies has not made any acquisitions as of now.Reports related to Newspace Research and Technologies
Here is the latest report on Newspace Research and Technologies's sector:
News related to Newspace Research and Technologies
Filter this listMedia has covered Newspace Research and Technologies for a total of 6 events in the last 1 year, 4 of them have been about company updates.
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Karnataka signs MoUs worth Rs 51,469 crore with 48 companies; to create 70,000 jobsMoneycontrol•Mar 26, 2026•Astemo, Unimech Aerospace, Newspace Research and Technologies, Mahindra Aerospace and 1 other
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Military Tech Takes Off: USD192M Raised in 2025 YTDEntrepreneur•Sep 03, 2025•Raphe, Newspace Research and Technologies, Sagar Defence Engineering, Big Bang Boom Solutions and 1 other
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Defense startup NewSpace to raise Rs 115 Cr debtStartupNews•Aug 29, 2025•Lendlease, Newspace Research and Technologies, Ara Partners, Lendlease
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India’s military tech funding surges 61x in a decadePunjab News Express•Aug 29, 2025•Raphe, Newspace Research and Technologies, Sagar Defence Engineering, Big Bang Boom Solutions and 1 other
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VCs showing growing interest in defence tech, drone start-ups after India-Pakistan conflict
New Indian Express•May 14, 2025•ideaForge, Zen Technologies, DroneAcharya, Garuda Aerospace and 6 others
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Indian Navy Selects NewSpace for Unmanned WingmanUAS Vision•Feb 12, 2025•Newspace Research and Technologies, Joinindiannavy
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Pavestone VC Bags INR 15 Cr From Colruyt Group India For Its INR 900 Cr FundInc42•Jun 13, 2024•Pavestone Capital, E42, Newspace Research and Technologies, LivNSense and 2 others
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Exclusive: Beshak Insurance set to raise funds from 35 North VenturesEntrackr•Mar 18, 2024•Beshak, 35North Ventures, Newspace Research and Technologies, CloudTailor and 2 others
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
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