Spantrik - About the company
Spantrik is a funded company based in Ahmedabad (India), founded in 2022 by Kajal Rajbhar and Hitendra Singh. It operates as a Developer of fully reusable rocket technology with rapid launch capabilities. Spantrik has raised an undisclosed amount in funding. The company has 69 active competitors, including 20 funded and 1 that has exited. Its top competitors include companies like SpaceX, Stoke and Relativity Space.
Company Details
Developer of fully reusable rocket technology with rapid launch capabilities. The company focuses on designing rockets with fully reusable first and second stages. This reusability aims to drastically reduce the cost of accessing space. The company is building a medium-lift launch vehicle with return-to-launch-site capabilities. The goal is to enable affordable, high-cadence, and reliable space access.
- Website
- spantrik.com
- Email ID
- *****@spantrik.com
- Phone Number
- +91 **********
- Registered Address
- H NO. 287, BLK-G-6 SECTOR-16, ROHINI, North West, DELHI, Delhi, India, 110085
Key Metrics
Founded Year
2022
Location
Ahmedabad, India
Stage
Funding Raised
Latest Funding Round
Ranked
28th among 69 active competitors
Annual Revenue
₹17.5L as on Mar 31, 2025
Legal entities associated with Spantrik
Spantrik is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SPANTRIK PRIVATE LIMITED CIN: U29306DL2022PTC399064 , India, Active | May 25, 2022 | $20.7K (As on Mar 31, 2025) | - |
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Spantrik's funding and investors
Spantrik has raised funding over 1 round.
Here is the list of recent funding rounds of Spantrik:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 30, 2025 | 9618684 | Grant (prize money) | 3730977 | 1156396 | 4773159 | 4767832 |
View details of Spantrik's funding rounds and investors
Spantrik's founders and board of directors
Founder? Claim ProfileThe founders of Spantrik are Kajal Rajbhar and Hitendra Singh. Kajal Rajbhar is the CEO of Spantrik.
Here are the details of Spantrik's key team members:
- Kajal Rajbhar: Co-Founder & CEO of Spantrik. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Hitendra Singh: Co-Founder of Spantrik. They serve on the board of 1 company.
View details of Spantrik's Founder profiles and Board Members
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Spantrik's Competitors and alternates
Top competitors of Spantrik include SpaceX, Stoke and Relativity Space. Here is the list of Top 10 competitors of Spantrik, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SpaceX 2002, Hawthorne (United States), Series J | Provider of reusable space launch vehicles for large payloads | $11.9B | 78/100 | |
2nd | Stoke 2019, Seattle (United States), Series D | Manufacturer of reusable launch vehicles | $1.34B | 66/100 | |
3rd | Relativity Space 2015, Inglewood (United States), Series E | Provider of AI-powered 3D printed launch vehicles for small payloads | $1.34B | 65/100 | |
4th | Blue Origin 2000, Kent (United States), Funding Raised | Manufacturer of reusable launch vehicles for large payloads | - | 60/100 | |
5th | Developer of reusable medium-lift launch vehicles and related propulsion systems | $26.3M | 60/100 | ||
6th | Provider of reusable launch vehicles for small payloads | $139M | 60/100 | ||
7th | The Exploration 2021, Planegg (Germany), Series B | Developer of reusable space vehicles for cargo transport to space stations | $210M | 56/100 | |
8th | Orienspace 2020, Beijing (China), Series B | Developer of launch vehicles and related engines for space access | $144M | 53/100 | |
9th | POLARIS Raumflugzeuge 2019, Bremen (Germany), Seed | Developer of reusable spaceplanes and related technologies for space transportation | $14.2M | 51/100 | |
10th | Virgin Orbit 2017, Long Beach (United States), Series B | Provider of launch services for small satellites using a reusable air-launch system | $25M | 50/100 | |
28th | Developer of fully reusable rocket technology with rapid launch capabilities | - | - | 28/100 |
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Spantrik's Investments and acquisitions
Spantrik has made no investments or acquisitions yet.
Reports related to Spantrik
Here is the latest report on Spantrik's sector:
News related to Spantrik
•
SpanTrik is making space travel accessible and affordable with reusable rocketsYourStory•Dec 20, 2024•Spantrik
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