India’s spacetech startups have raised approx. $205 Mn in funding since 2014, with Chandrayan-3 using one of these startups’ tech. A list of Indian spacetech startups (Inc42) to watch for in this decade:
- Astrogate Labs – $200 K
- *Omnipresent Robot Technologies – $661 K
- Aadyah Aerospace – $1 Mn
- Kawa Space – $1.2 Mn
- InspeCity – $1.5 Mn
- Digantara – $2.5 Mn
- *GalaxEye Space – $4 Mn
- Dhruva Space – $4.1 Mn
- SatSure – $9.6 Mn
- Bellatrix Aerospace – $11.1 Mn
- Newspace Research & Technologies – $33 Mn
- Agnikul – $34.5 Mn
- *Skyroot – $66 Mn
- *Pixxel – $69 Mn
*Omnipresent’s tech is being used on Chandrayaan-3’s Pragyan Rover to map the lunar surface and enable the rover’s navigation via 3D imaging.
*GalaxEye aims to help insurance companies better scrutinise the damage from natural disasters and artificial crises on the insurance claimants
*Skyroot became the first private Indian company to launch a rocket into space on November 18, 2022
*Pixxel launched its third hyperspectral satellite, Anand, in November 2022
Post Chndrayan’s successful landing on the Dark Side of the Moon, the Indian spacetech ecosystem is bound to get a lot more interest.
Hope we get our own SpaceX soon.
References:
- Indian Space Startups – https://inc42.com/startups/to-infinity-beyond-indian-spacetech-startups-winning-space-race/
- Omnipresent – https://inc42.com/buzz/startup-omnipresent-robot-tech-to-power-chandrayaan-3s-navigation-on-moon/
- GalaxEye – https://inc42.com/startups/how-galaxeye-is-looking-put-india-on-global-spacetech-map/
- Skyroot – https://inc42.com/buzz/skyroot-history-launching-indias-first-privately-built-rocket-vikram-s/
- Pixxel – https://inc42.com/buzz/spacetech-startup-pixxel-to-launch-third-demo-satellite-tomorrow-report/
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