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Starfleet India Capital Advisors

Space Advisory Services

Space consulting, investment advisory and transaction advisory for India’s space economy. Fourteen services across space technology, finance, strategy and frontier technologies, delivered by a team that has structured first-of-their-kind mandates for IN-SPACe, ISRO and NSIL.

Space & technology

  • SpaceTech Advisory & Space Industry Consulting

    Specialist space consulting for companies, investors and governments working in India’s space economy. We advise on business models, sector positioning, procurement pathways and the institutional landscape across ISRO, IN-SPACe, NSIL and the Department of Space.

    • Space industry consulting and sector strategy
    • NewSpace advisory for start-ups and scale-ups
    • Space economy advisory for corporates entering the sector
    • Institutional navigation across ISRO, IN-SPACe and NSIL

  • Satellite Advisory: Earth Observation & Satellite Communications

    Advisory across the satellite value chain, from Earth-observation constellations and geospatial services to satellite communications, ground segments and downstream applications. Our work includes India’s first Earth-observation PPP and the valuation of ten GSAT communication satellites.

    • Earth observation advisory: constellations, SAR, optical and analytics
    • Satellite communications advisory: GEO, LEO, D2D and ground infrastructure
    • Satellite programme structuring and commercialisation
    • Satellite financing and asset valuation

  • Space Infrastructure, Spaceport & Launch Infrastructure Advisory

    Launch vehicles, launch complexes, spaceports, integration facilities and in-space infrastructure are long-lived assets that need bankable structures. We advise on private participation, concession design and financing for launch and space infrastructure, including the LVM3 transaction advisory and launch-complex operating models.

    • Spaceport and launch-complex advisory, including operations and management concessions
    • Launch infrastructure advisory and private participation in launch vehicles
    • Space infrastructure financing and project structuring
    • In-space servicing, assembly and manufacturing (ISAM) frameworks

  • Space Economy Advisory & NewSpace Advisory

    Research-led advisory on where India’s space economy is heading: demand, policy, capital flows and the opportunities opening for Indian and international players. We author sector reports, including work on financing India’s space economy, and advise investors and corporates on how to position for the next decade.

    • Space economy outlooks and demand studies
    • NewSpace advisory for founders, funds and corporates
    • Policy and regulatory mapping for new entrants
    • Sector reports and thought leadership

Finance & transactions

  • Space Investment Advisory & Space Capital Advisory

    Investment banking for the space sector: raising equity and debt, structuring rounds, preparing investor materials and running processes to close. We work with founders raising growth capital and with investors building space portfolios.

    • Space fundraising advisory: seed to growth rounds
    • Space capital raising from venture, strategic and institutional investors
    • Space venture advisory and investor positioning
    • Term-sheet negotiation and financial close

  • Space Project Finance & Satellite Financing

    Project and asset finance for satellites, constellations, ground segments and launch infrastructure. We structure bankable cash flows, risk allocation and lender packages for assets that conventional project-finance templates were not written for.

    • Space project finance structuring and lender engagement
    • Satellite financing: asset-backed, export-credit and leasing structures
    • Space infrastructure financing for launch and ground assets
    • Annuity and availability-based revenue models

  • Space Transaction Advisory, M&A & Valuation

    Buy-side and sell-side transaction advisory across the space sector: acquisitions, divestments, strategic stakes and asset transfers between government and the private sector. Our valuation work includes the fair market valuation of ten GSAT satellites transferred from the Department of Space to NewSpace India Limited.

    • Space M&A advisory: targets, diligence, negotiation and close
    • Space valuation advisory for satellites, spectrum, IP and operating businesses
    • Space transaction advisory for government-to-private asset transfers
    • Definitive documentation and stakeholder management

  • Space PPP Advisory & Government Transactions

    Public-private partnerships are how India is opening its space sector, and we have structured the first of them. We advise governments, agencies and bidders on concession design, risk allocation, procurement and bid strategy for PPPs in space and launch infrastructure.

    • Space PPP structuring for IN-SPACe, ISRO, NSIL and state governments
    • Bid advisory and expression-of-interest responses for private respondents
    • Concession agreements, payment mechanisms and risk allocation
    • Government procurement and financial-close readiness

Strategy & market entry

  • Space Strategy Advisory & Space Market Entry

    Strategy for companies entering or expanding in India’s space sector, including large industrial groups diversifying into space, international firms entering India, and Indian companies expanding to Asia-Pacific and the Middle East.

    • Space market entry strategy for India and for Indian firms abroad
    • Space business advisory: business plans, operating models and go-to-market
    • Corporate space strategy for industrial and infrastructure groups
    • Market sizing and opportunity prioritisation

  • Space Policy Advisory & Space Commercialisation

    Advisory at the meeting point of policy and business: how the Indian Space Policy, IN-SPACe schemes, FDI rules and procurement reforms translate into commercial opportunity, and how to engage government constructively.

    • Space policy advisory and regulatory strategy
    • Space commercialisation of government assets and programmes
    • IN-SPACe schemes, authorisations and incentive programmes
    • Policy white papers and government engagement

  • Space Market Intelligence, Research & Commercial Due Diligence

    Independent research for decisions with capital attached: market intelligence reports, feasibility studies, commercial due diligence on space investments and detailed business cases.

    • Space market intelligence reports for boards and investment committees
    • Space investment research and sector benchmarking
    • Space commercial due diligence for acquirers and investors
    • Space feasibility studies and business-case development

  • Space Joint Venture, Partnership & Technology Transfer Advisory

    Structuring the partnerships that make space ventures work: joint ventures between Indian and international firms, OEM partnerships, consortium formation for bids, and technology transfer from ISRO and other agencies to industry.

    • Space joint venture advisory: partner selection, structure and governance
    • Space partnership advisory and consortium formation
    • Space technology transfer advisory, including ISRO ToT processes
    • OEM and offset partnerships in space and defence

Frontier technologies

  • Robotics & Autonomous Systems Advisory

    Advisory for robotics and autonomous-systems companies and for the industrial, defence and space programmes that buy from them: business models, procurement pathways, capital raising and partnerships across unmanned aerial, ground, maritime and in-space systems.

    • Robotics investment advisory and fundraising for autonomy, drone and industrial-robotics ventures
    • Robotics market entry and go-to-market strategy for India
    • Defence and space robotics: UAVs, autonomous platforms and in-space servicing
    • Robotics joint ventures, OEM partnerships and technology transfer

  • Quantum Computing & Quantum Technologies Advisory

    Strategy and capital for India’s emerging quantum sector under the National Quantum Mission: quantum computing, quantum communication and quantum sensing, where government programmes, deep-tech capital and long development cycles meet.

    • Quantum technology investment advisory and deep-tech fundraising
    • Quantum computing market intelligence, feasibility and commercial due diligence
    • National Quantum Mission schemes, government programmes and procurement
    • Quantum communication and sensing for space, defence and secure networks

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