High Altitude Pseudo Satellite (HAPS) UAVs that fly at 5-20 km for months at a time, supporting earth observation, communications, and military surveillance, are the headline work of NewSpace Research and Technologies Private Limited (NRT), a leading aerospace and defense R&D firm in next-generation unmanned systems. The company set a national record with a HAPS flight lasting more than 24 hours and, in 2024, closed a $73.2M Series B that valued it at $120M. Founded in 2018 and certified to ISO 9001:2015 and AS9100, it holds contracts from the Indian Navy and Air Force and works with global partners such as the US Air Force Research Laboratory under the Indo-US Defense Acceleration Ecosystem (IndUSX).
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