Angel Investor Jeet Chandan Joins Forces with Manastu Space to Tackle Space Debris and Sustainability
In a rapid 15-minute deal, Jeet Chandan, the co-founder of BizDateUp and a well-known angel investor, has put an undisclosed amount of funding into Manastu Space, a game-changing startup focused on tackling space debris and advancing sustainability in space operations.
Chandan’s investment marks a significant step toward a cleaner, safer future for the space industry, which is rapidly growing and is set to reach a massive $1.4 trillion global market by 2030. Let’s dive into what Manastu Space is all about and why this investment is creating a buzz.
What Is Manastu Space Doing to Revolutionize Space?
Manastu Space is shaking up the space industry with cutting-edge green propulsion systems and advanced debris collision avoidance technologies. These innovations are designed to address one of the biggest challenges the space industry faces today—space debris.
Why Is Space Debris a Big Problem?
Right now, millions of small debris pieces orbit Earth, posing serious risks to working satellites and future space missions. As more satellites are launched into space, the potential for dangerous collisions grows, creating even more debris and making space operations less safe.
Manastu Space is tackling this head-on by providing technology that helps satellites:
- Move safely between orbits
- Avoid debris
- Deorbit safely at the end of their mission
This ensures that space remains safe and accessible for the next generation of space technologies.
The Space Industry’s $1.4 Trillion Opportunity
The global space economy is growing fast, expected to hit $1.4 trillion by 2030. With advancements in satellite tech, space-based services, and new launches, the industry is ripe for innovation.
Manastu Space’s technologies are at the forefront of this shift, positioning the company to play a key role in making space safer and more sustainable. As the demand for space-based services like communications and Earth observation grows, having safe and reliable technology to manage space debris will be essential.
A Partnership Built on Vision and Sustainability
The collaboration between Jeet Chandan and Manastu Space isn’t just about technology—it’s about a shared vision for a safer and more sustainable future in space.
What Manastu’s Co-Founder Had to Say
Tushar Jadhav, co-founder of Manastu Space, highlighted the company’s commitment to making space more sustainable for everyone. He said, “We want space to remain a resource for all of humanity. Our green propulsion systems help satellites maneuver in space, change orbits, and deorbit safely, leaving space open for the next generation of satellites.”
He went on to emphasize how Jeet Chandan’s vision aligns perfectly with the company’s goals, making the partnership all the more impactful.
Why Jeet Chandan Invested: A Focus on Sustainability
Jeet Chandan, a prominent angel investor, shared his excitement about the partnership. His decision to back Manastu Space came from the company’s strong commitment to solving the debris problem in space.
“What drew me to invest in Manastu Space was their clear focus on sustainability in the space industry,” Chandan explained. “Their combination of green propulsion and debris avoidance technology is exactly what the industry needs right now.”
He added, “I’m proud to support their mission of creating a cleaner, safer, and more inclusive orbital future.”
Manastu Space Hits Major Milestone: Tech Tested and Ready for Action
In December 2024, Manastu Space successfully tested its technology under real mission conditions, proving that their propulsion and collision-avoidance systems work effectively. This success is a big step forward as the company now looks to scale up and offer its innovative solutions to both private and public sector clients.
As space continues to grow, Manastu Space is on track to help companies navigate this new frontier while ensuring safety and sustainability at every turn.
The Future of Space: Cleaner, Greener, and Safer
With a trillion-dollar space economy on the horizon, there’s never been a better time to ensure the sustainability of space operations. Manastu Space is leading the way in making sure that space remains a safe environment for generations to come.
Thanks to investors like Jeet Chandan and the visionary team at Manastu Space, the future of space is not only brighter but cleaner and safer for all.
Conclusion:
Jeet Chandan’s investment in Manastu Space is more than just financial—it’s a commitment to solving one of space’s biggest challenges: debris and sustainability. With their cutting-edge technology, Manastu Space is helping pave the way for a cleaner, safer space environment, making it an exciting venture for the future of the trillion-dollar space economy.
Stay tuned as Manastu Space expands its technology and continues to make waves in the space industry. The future of space just got a lot more sustainable!
