Cosmoserve Space is a Hyderabad-based spacetech startup founded in 2025 by former ISRO scientist Chiranjeevi Phanindra that develops Active Debris Removal (ADR) technology and commercial services to capture and remove orbital debris and non-operational satellites. Its proprietary Dual Spacecraft Architecture pairs a larger Orbital Service Station with a smaller Autonomous Service Vehicle so that two spacecraft can service up to 100 satellites, aiming to cut per-satellite servicing costs from roughly $10 million to below $1 million. The company flew its first payload, Mission Embrace, on Skyroot Aerospace's Vikram-1 rocket in July 2026, and operates Base 1 in Hyderabad, a private facility housing robotic capture labs, an ISO Class 8 satellite integration clean room and a mission control centre.
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Nov 5, 2026
Latest raise
Funding activity · 1 round
Nov 5, 2026
$6M
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Led by Rebright Partners
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