Rohan M Ganapathy, left, Bellatrix Aerospace’s co-founder and CEO, stands with Yashas Karanam, co-founder and chief operating officer. Credit: Bellatrix Aerospace

TAMPA, Fla. — Indian satellite propulsion maker Bellatrix Aerospace announced plans April 10 to open a manufacturing facility in the United States in the coming months, joining a wave of foreign firms seeking a slice of the country’s vast space market.

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Jason Rainbow writes about satellite telecom, finance and commercial markets for SpaceNews. He has spent more than a decade covering the global space industry as a business journalist. Previously, he was Group Editor-in-Chief for Finance Information Group,...