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An R&D centre & manufacturing factory for #Spacetaxis or #OTVs & propulsion systems for rockets & satellites are expected to begin first phase ops on a 5-acre facility at the aerospace park near @BLRAirport by late 2023. 1/n
The new facility, which once fully operational is expected to be worth $76mn will be established by @BellatrixAero, which signed an MoU with the government of Karnataka on Wednesday. 2/n
“Having a wide range of thrusters designed to overcome challenges associated with incumbent tech by providing better performance, longer life, reduced costs etc, we now aim for large scale production and research facilities,” Yashas Karanam of @BellatrixAero told me. 3/n
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