Asteria Aerospace Ltd

Asteria Aerospace is a Bengaluru-based full-stack drone OEM founded in 2011 by Neel Mehta and Nihar Vartak, offering surveillance/mapping VTOL platforms (A200-XT, AT-15) alongside the SkyDeck SaaS dro

drones-uasindia-oemOperationalTier B
Country: IN

Last verified:

At a Glance

Headquarters
Bengaluru, Karnataka, India
Type
Manufacturer (listed)
Founded
2011
India entity
null
Listed
Private (Series-stage funded; not yet listed)
Key India role
Asteria Aerospace is a Bengaluru-based full-stack drone OEM founded in 2011 by Neel Mehta and Nihar Vartak, offering surveillance/mapping VTOL platforms (A200-XT, AT-15) alongside the SkyDeck SaaS dro
indicators
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key specs
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What It Is

Asteria Aerospace is a Bengaluru-based full-stack drone OEM founded in 2011 by Neel Mehta and Nihar Vartak, offering surveillance/mapping VTOL platforms (A200-XT, AT-15) alongside the SkyDeck SaaS drone-operations platform. Its AT-15 VTOL UAV achieved Asteria's largest-ever Indian Army contract delivery in December 2024, and its A200-XT rotorcraft is listed on the Government e-Marketplace (GeM). The company is one of the few Indian OEMs to combine proprietary hardware with an in-house analytics stack, with revenue reportedly growing ~90% in FY25.

Sources: [1][2][3][4][5]

Deployments & Procurement

2 documented India deployment(s)/procurement(s).

AgencyContextYearQuantity / NoteSources
Indian ArmySuccessful delivery of largest-ever contract of AT-15 VTOL drones to the Indian Army2024undisclosed (largest-ever Asteria contract)[1][2][3]
Government e-Marketplace (GeM)A200-XT rotorcraft drone listed on GeM (Government of India e-marketplace) for procurementongoingn/a (catalogue listing)[1][2][3]

Import Dependencies

Not analysed in this dossier.

Sources

  1. src-01Credible
    https://www.bignewsnetwork.com/news/274827764/asteria-aerospace-enhances-indian-army-eyes-in-the-sky-with-supply-of-at-15-vtol-drones
    Big News Network·2024-12-06·accessed 2026-08-30

    Asteria delivers largest-ever AT-15 VTOL drone contract to Indian Army (Dec 2024)

  2. src-02Credible
    https://raksha-anirveda.com/asteria-supplies-at-15-drones-to-indian-army/
    Raksha Anirveda·2024-12-06·accessed 2026-08-30

    Confirms Asteria's largest-ever AT-15 contract delivery to Indian Army

  3. src-03Official
    https://mkp.gem.gov.in/surveillance-drone-unmanned-aerial-vehicle-v2/a200-xt/p-5116877-11245197421-cat.html
    Government e-Marketplace (GeM, Government of India)·accessed 2026-08-30

    Asteria A200-XT rotorcraft drone listed on GeM with Country of Origin: India

  4. src-04Official
    https://asteria.co.in/news-and-media/innovating-in-drones-with-ai-5g-cloud
    Asteria Aerospace (company official)·accessed 2026-08-30

    Confirms founders Neel Mehta and Nihar Vartak; >10 years operating; SkyDeck platform launch

  5. src-05Credible
    https://www.autonomyglobal.co/built-for-india-backed-by-tech-asterias-edge-in-enterprise-and-defense-drones
    Autonomy Global·2025-07-28·accessed 2026-08-30

    Asteria drones used for high-resolution aerial surveys; SkyDeck SaaS platform

  6. src-06Credible
    https://tracxn.com/d/companies/asteria-aerospace/__mbV5TGvoep1UWVhUlBanbv_EmreHYzKqzjmgw9YMXQU
    Tracxn·accessed 2026-08-30

    Confirms Asteria founded 2011 in Bengaluru by Neel Mehta and Nihar Vartak

  7. src-07Indicative
    https://blog.privatecircle.co/asteria-vs-garuda-drone-startups-india
    PrivateCircle Blog·2025-06-25·accessed 2026-08-30

    Comparative profile confirms Asteria's 2011 founding, Bengaluru HQ, founders

  8. src-08Credible
    https://www.linkedin.com/posts/et-now-machinist-5660a299_asteria-aerospace-bolsters-indian-armys-activity-7272184483921965056-EEE4
    ET Now Machinist (via LinkedIn)·accessed 2026-08-30

    Reports successful delivery of largest-ever AT-15 contract to Indian Army

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