Astrobase Invests ₹800 Crore to Expand Andhra Pradesh Space Facility

Astrobase Space Technologies is investing ₹800 crore to expand its rocket testing and launch vehicle development infrastructure in Andhra Pradesh. During the 31st CII Partnership Summit in Visakhapatnam, the company signed a Memorandum of Understanding with the Andhra Pradesh Economic Development Board to increase its Thimmasamudram facility from 22 acres to approximately 360 acres.

The expansion focuses on accelerating the development of reusable launch vehicle technologies through stage-level hop tests and static hot-fire tests. The project is expected to generate 500 direct and 1,000 indirect jobs. CEO and Co-Founder Neeraj Khandelwal stated that the next frontier is translating India's space prowess into the ability to transport payloads more frequently and at scale.

This investment follows a separate ₹500 crore commitment in Bengaluru, Karnataka, for a manufacturing facility. That site will support the AB220 medium-lift launch vehicle and the Everest engine.