Topic

spacetech

The image shows a satellite labeled "GalaxyEye" floating in space with an expansive starry night sky in the background. The satellite has large solar panels, visible on both sides, extending outward. Below the satellite, the "GalaxyEye" logo is displayed in white text, with a circular design incorporated into the "e," resembling an eye or lens, symbolizing observation or vision. The scene evokes a sense of exploration and advanced technology in space.

GalaxEye Raises $10M in Series A for Satellite-Based Earth Observation

GalaxEye, an Indian space tech startup, has raised $10 million in Series A funding, supported by strategic investors including MountTech Growth Fund - Kavachh, chaired by former Defence Secretary Ajay Kumar. Founded in 2021, GalaxEye is preparing for the 2025 launch of its first multi-sensor satellite to advance Earth observation and disaster monitoring. The funding will bolster GalaxEye’s operations, as India’s private space sector continues its record-breaking growth.

The image shows the logos of GalaxEye and SpaceX with a handshake icon between them, above a satellite orbiting Earth. The satellite is depicted with extended solar panels, hovering over a view of Earth's atmosphere and surface from space.

GalaxEye Partners with SpaceX for 2024 Earth Observation Satellite Launch

Indian spacetech startup GalaxEye has teamed up with SpaceX to launch its first multi-sensor Earth observation satellite, Drishti, in 2024. The satellite will use Synthetic Aperture Radar (SAR) and Optical/Multispectral Imaging (MSI) to capture high-resolution images in all weather conditions. This marks the beginning of a five-satellite constellation, aiming to offer daily revisits and sub-1 meter resolution by 2025. The collaboration highlights India's growing presence in the global spacetech industry, aligning with the “Make in India for the World” initiative​.