India launches satellites reliably but does not launch many of them.

ISRO's record is strong, its cadence is limited, and demand for orbital slots is rising faster than the country's ability to reach them.

A handful of private companies have started building launch vehicles to close that gap, mostly at the small end of the payload range.

Space Technologies is aiming at the middle of it.

The company was founded in Bengaluru in 2024 by Neeraj Khandelwal, a co-founder of the cryptocurrency exchange CoinDCX, alongside former ISRO scientist Devakumar Thammisetty.