New Delhi, Nov. 27 -- Arctus Aerospace has secured a $2.6 million pre-seed round to accelerate the development of its high-altitude, long-endurance (HALE) unmanned aircraft designed for zero-infrastructure Earth observation. The funding round includes Version One Ventures, South Park Commons, gradCapital, and notable angel investors, including Balaji Srinivasan, Srinivas Narayan (CTO, OpenAI B2B Applications), early Ather engineers, and leaders from Bounce Infinity and Boom Supersonic.

The India-based aerospace startup is building one of the deepest full-stack engineering and manufacturing capabilities in the unmanned aviation space-entirely in-house. Its upcoming aircraft platform is designed to fly at 45,000 feet, stay airborne for up ...