This paper details the synthesis and combustion characteristics of silicon-based nanoenergetic formulations. Silicon nanostructured powder (with a wide variety of morphologies such as nanoparticles, nanowires, and nanotubes) were produced by DC plasma arc discharge route. These nanostructures were passivated with oxygen and hydrogen post-synthesis. Their structural, morphological, and vibrational properties were investigated using X-ray diffractometry, transmission electron microscopy (TEM), nitrogen adsorption-desorption analysis, Fourier transform infrared (FTIR) spectrometry and Raman spectroscopy. The silicon nanostructured powder (fuel) was mixed with varying amounts of sodium perchlorate (NaClO 4 ) nanoparticles (oxidizer) to form nanoenergetic mixtures. The NaClO 4 nanoparticles with a size distribution in the range of 5-40 nm were prepared using surfactant in a mixed solvent system. The combustion characteristics, namely (i) the combustion wave speed and (ii) the pressure-time characteristics, were measured. The observed correlation between the basic material properties and the measured combustion characteristics is presented. These silicon-based nanoenergetic formulations exhibit reduced sensitivity to electrostatic discharge (ESD).