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MangalCore

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In-situ resource utilization for asteroid mining.

Bengaluru, IndiaFounded 2024Space Exploration
Headcount <100 Current team size
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About MangalCore

MangalCore is a company focused on developing the necessary technologies for in-situ resource utilization (ISRU) to enable the exploration and extraction of materials from asteroids. This involves the practice of collecting, processing, and using materials found on celestial bodies, which reduces the need to transport materials from Earth. The company's primary objective is to make space resources more accessible, with a long-term vision of supplying both the in-space economy and Earth with valuable minerals extracted from near-Earth asteroids.

The approach is intended to be more cost-effective and have a smaller carbon footprint compared to traditional terrestrial mining methods. By developing know-how for exploration in low-gravity environments, MangalCore aims to support companies planning to extract rare minerals from space. The broader goal is to facilitate a sustainable human presence in space by providing essential resources like water, fuel, and construction materials derived from celestial bodies. This strategy is seen as critical for reducing the high costs associated with launching materials from Earth and for supporting long-duration missions and future settlements on the Moon and Mars.

The company is involved in the development of robotic and satellite platforms for the exploration and extraction of off-world resources. In addition to its focus on space resources, MangalCore also develops various software products. These include "TatvaFit," a fee management system for gyms, and "Lakshya Run," a mobile application for tracking and planning running workouts. The company has also released a set of React utility components as an npm package.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2024
Headquarters
Bengaluru, India
Employees
1
Open positions
None listed
Dealroom signal
18.0/100
Sector
Space Exploration, Space Resource Exploration, Lunar
Business model
Manufacturing
Client focus
b2b

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Employees 1 total headcount
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇮🇳 India · Bengaluru HQ
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Market sentiment

Posts on X, past 7 days

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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