Nebex and Thrusters Unlimited Partner to Structure and Execute Sovereign Space Programs, Beginning in Latin America
The two companies formalise their collaboration under a signed Framework Agreement, beginning with $700M in initial sovereign space programs in Latin America.
[New York and Mexico City, 5 October 2026] — Nebex, the commercial exchange infrastructure for the global space economy, and Thrusters Unlimited today announced a partnership to structure and execute sovereign space programs, beginning in Latin America.
Under a signed Framework Agreement, the two companies will orchestrate complex sovereign space transactions end to end. Thrusters Unlimited brings local industrial and stakeholder capability. Nebex provides the transaction structuring, capital alignment, and execution infrastructure that turn national space ambitions into deliverable programs.
The companies have begun structuring $700 million in initial sovereign space program, spanning Earth observation, telecommunications and other strategic space capabilities. Nebex and Thrusters Unlimited will work together to structure these programs for execution, aligning procurement, industrial participation and capital around each transaction.
The partnership pairs two capabilities the sovereign space market rarely finds together. Governments across emerging space nations are committing to earth observation, telecommunications, and national capability programs. Sovereign space programs increasingly require the coordination of government demand, industrial supply, capital, procurement requirements and national industrial priorities. The collaboration is designed to bring those elements into a single executable transaction structure.
“Sovereign space programs succeed or fail on executability, not ambition. Thrusters Unlimited understands the ground in Latin America. Together we give governments a credible path from intent to program, structured around the capital, procurement and industrial requirements needed for execution,” said Tejpaul Bhatia, CEO of Nebex.
“The region is ready to move on serious space programs. Working with Nebex gives our partners the structuring and execution infrastructure these programs demand, on terms governments can stand behind,” said Benjamín Najar Jr., Founder & CEO of Thrusters Unlimited.
About Nebex
Nebex is the market infrastructure for the global space economy, enabling complex space transactions to be structured, cleared and executed across sovereign demand, industrial supply and capital. Founded by former Axiom Space executives and serial entrepreneurs Tejpaul Bhatia and Anand Subramanian, Nebex’s mission is to build a functioning space economy, where money moves through the space industry the way it moves through every other market on Earth. Nebex is backed by GV, Eniac Ventures, 2048 Ventures, Better Tomorrow Ventures, Oceans Ventures, AIN Ventures, Also Capital, Anagram, Armory Square Ventures, Multiball Capital, Trajectory Capital, and VSC Ventures. For more information, visit https://www.nebex.com.
About Thrusters Unlimited
Founded in 2018, Thrusters Unlimited is the first and only Mexican aerospace company to own and operate a very high-resolution Earth observation satellite constellation. Backed by over 40 years of foundational expertise in aerospace technology development and integration, the company provides end-to-end Earth observation services. Thrusters Unlimited delivers high-precision satellite imagery and advanced data analytics, managed through its proprietary telemetry networks and dedicated data retrieval software. The company actively drives commercial and defense-related space innovations across Latin America and beyond.
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