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Bellatrix Aerospace Raises $20M to Scale Satellite Propulsion

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Bellatrix Aerospace has secured $20 million in a pre-Series B funding round, aiming to expand production of its satellite propulsion systems amid rising global demand.

The round was led by Cactus Partners, with participation from several new and existing investors. The Bengaluru-based company plans to use the funds to scale manufacturing capacity and accelerate delivery timelines for both domestic and international clients.

CEO Rohan Ganapathy stated that the investment will enable a significant increase in annual production, particularly as satellite constellations continue to expand worldwide.

Founded in 2015, Bellatrix focuses on advanced propulsion technologies for satellites and has established operations in the United States. The company is positioning itself to benefit from growing demand in the commercial space sector.

The funding comes as India continues to open its space industry to private players beyond Indian Space Research Organisation, alongside government initiatives to support startups through dedicated funding programs.

Indonesia Set to Enforce Social Media Curbs for Under-16s

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Indonesia is preparing to implement new restrictions on social media use for users under 16, but uncertainty remains over how the rules will be enforced.

The regulation targets platforms deemed “high-risk,” including Roblox, Meta’s Facebook and Instagram, Alphabet Inc.’s YouTube, TikTok and X. These services may be required to deactivate accounts belonging to underage users or restrict access based on risk criteria such as exposure to strangers, addictive algorithms and psychological harm.

Officials say the policy is designed to reduce cyberbullying and digital addiction among children. However, key implementation details—such as verification systems and enforcement mechanisms—remain unclear just as the rules are set to take effect.

Authorities indicated that account deactivations will begin gradually, with some platforms already outlining initial compliance steps. Roblox, for example, is expected to introduce stricter controls for younger users, while TikTok and X have signaled readiness to enforce minimum age requirements.

Despite these measures, experts question the effectiveness of the policy, noting that enforcement could be technically complex and that children may still find ways to bypass restrictions.

The move reflects a broader global trend of tightening social media regulations for minors, as governments respond to increasing concerns over mental health, online safety and platform design.

Meta Ties Executive Pay to Massive AI Growth Targets

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Meta Platforms has introduced a new compensation strategy for senior executives, offering stock options tied to aggressive valuation targets as competition in artificial intelligence intensifies.

The incentives could deliver payouts worth hundreds of millions of dollars if Meta’s market value rises significantly. The plan requires the company’s stock to increase sharply, with the most ambitious targets implying a valuation exceeding $9 trillion.

The move reflects a broader shift among major technology companies, which are increasing spending on AI infrastructure and talent while redesigning compensation structures to retain key leadership. The stock options are Meta’s first of this kind for top executives and are linked to long-term performance milestones.

Executives eligible for the plan include senior leaders across finance, technology, product and operations. CEO Mark Zuckerberg is not part of the scheme.

The strategy mirrors similar high-stakes compensation models seen at companies like Tesla, where performance-based incentives are used to align leadership goals with ambitious growth targets.

Meta said the payouts are contingent on achieving substantial future success, emphasizing that shareholders would benefit alongside executives if the targets are met.