March 28 : Indian aerospace manufacturer Bellatrix Aerospace has raised $20 million in a pre-Series B funding round led by Cactus Partners, it said on Saturday, as it looks to scale up manufacturing and delivery of its propulsion systems. Bellatrix said the funds would be used to expand manufacturing capacity to meet rising demand from satellite constellations in India and abroad. "This investment allows us to significantly increase annual production capacity," its CEO Rohan Ganapathy said.