Spacecraft Manufacturing Company Investment Opportunity in Chennai, India
Established | 5-10 year(s) |
Employees | 50 - 100 |
Legal Entity | Private Limited Company |
Reported Sales | USD 200 - 300 thousand |
Run Rate Sales | USD 430 thousand |
EBITDA Margin | 30 - 40 % |
Industries | Spacecraft Manufacturing + 1 more |
Locations | Chennai |
Local Time | 11:44 AM Asia / Kolkata |
Listed By | Management Member |
Status | Active |
- Company manufactures composite 3D printers using patented technologies.
- Company has launched G series and F series of 3D printers recently this year.
- Company has also a custom 1.5 X 1.5 X 1.5 meters + printer which is the only one in India. For the same size, currently we are developing a continuous carbon fibre one, which is the first in the world.
- Company had generated revenue of approximately INR 45 lakhs in 6 months of the Covid hit financial year 21-22. Being an R&D Company, business team was formed only in July 2021.
- Company has a revenue jump of more than 2 X in financial year 22-23.
- This year we will achieve 2X of last year. 1st 2 quarters' revenue matches last year.
- We are the only 3D printing company in Asia, that specializes in carbon fiber.
- Have 3 different models of composite printers that specialize in the fabrication of different products.
- Currently, we provide design and fabrication of composite parts for clients in niche sectors including automobile, drones, space aviation, and robotics.
- We cater to 100+ clients like Dell, HAL, ADA, Throttle Aerospace, and ePlane, and have couple more clients in the pipeline.
- IIT-Madras incubated startup, with founders/promoters being IIT graduates and ex-ISRO employees.
- Have raised a pre-seed fund of INR 30 lakhs from IIT-Madras Incubation Centre and a seed fund of INR 4 crores from a group of angel investors, Pre-Series A Fund of 12+ Crores in July / August 2021.
- 8+ Patents.
- 5+ national and international awards including the CII Top Startup in Manufacturing, Outstanding innovation in composites award by JEC Composites, National Startup Award under Industry 4.0 Category, Best startup award from a startup accelerator based in South Korea.
- Design and manufacture of Industrial Grade 3D printers (G Series), Low cost desktop printer (D2), Asia's first and only Continuous Carbon Printer (F Series), unique and innovative pellet based printing, for cheaper prints (Pellet series)
- Design, analysis, product development support and fabrication of composite parts in multiple domains like the automobile, drones, space aviation, and robotics industries.
- Unique hybrid material fabrication as combination of printing + Layup.
- Manufacturing of off-shelf components like, Drone tubes, plates, landing gear etc.
- Patents, IP, trademark, and brand value (worth INR 30 crores)
- Physical assets worth INR 2 Cr in the form of machinery, 3D printers, prototypes, and tools.
Rented 3-floor facility with a total area of 9,500 sq. ft. The ground floor is the production area space with a total of 4500 sq. ft. 1st floor is an office area with 10 cabins, 2 office rooms, and 1 big conference hall with a total of 1,500 sq. ft. 2nd floor is office / machine assembly and testing area of 3,500 Sq ft.
Company has raised close to 20+ crores of funding in the last 4 years, from big names like Vijay Kedia, Inflection Point Ventures, Keiretsu etc. . .
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Earlier than 15 daysDirector, Import/Export, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysSenior Technology Analyst, Internet, Chennai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Infrastructure & Technology, Hyderabad, Individual Investor / Buyer connected with the Business