spacetech

News and Trends

SIDBI VC to Manage ₹1000 cr Space Fund, India to be $44 Bn Space Economy by 2033

The fund is set up to disburse it capital over five years, kicking off with an INR 150 crore in 2025-26, followed by an annual INR 250 crore release for the next three years and closing the fund with the remaining INR 100 crore in 2030, with the government aiming to support at least 40 startups across.

News and Trends

Bellatrix Signs MOU with Astroscale Japan for Space Sustainability & Mobility

Through the announcement, the companies said they would leverage each other's expertise to create better synergies across the Indian and Japanese space ecosystems.

News and Trends

Empowering the Next Generation of Space Explorers

With India's government, private investors, and pioneering startups aligned, the next decade could well see India becoming a formidable player in the trillion-dollar space economy.

News and Trends

India's Space Economy Set to Reach $44 Billion by 2033: FICCI-EY Report

Earth Observation, projected to contribute $8 billion by 2033, is already transforming agriculture, disaster management, and climate resilience.

News and Trends

Sisir Radar Secures USD 1.5 Mn Funding to Develop High-Resolution SAR Satellites

The funds will bolster R&D and manufacturing capabilities, positioning Sisir to launch India's highest-resolution L-band Synthetic Aperture Radar (SAR) satellite by the end of 2026.

News and Trends

India Lags in Building a DeepSeek Rival, but Potential Keeps Investors Excited

Emerging technologies such as deeptech, spacetech, and biotech have made significant startups in India but remain behind the US and China in creating companies that have a significant global impact.

News and Trends

Spacetech Startups Set to Propel India Further in the Modern Space Race

According to the Indian Department of Space, the country's space economy is currently valued at USD 8.4 billion, constituting a 2 per cent share of the global market.

News and Trends

Spacetech Leader Pixxel Secures Additional USD 24 Mn, Total Series B Funding Reaches USD 60 Mn

The Series B round saw participation from new investors M&G Catalyst and Glade Brook Capital Partners, who joined existing backers, including Google, Radical Ventures, Lightspeed, and others.

News and Trends

The Rise of India's Private Space Sector: Opportunities and Challenges

Abhay Egoor, CTO and Co-founder, Dhruva Space points out that recent policy changes have been instrumental in creating a favourable environment for growth.

News and Trends

Space Machines Company Partners with Ananth Technologies and Digantara to Advance Space MAITRI Mission

The Space MAITRI (Mission for Australia-India's Technology, Research, and Innovation) mission is slated for 2026, with the Optimus satellite scheduled to launch aboard NewSpace India Limited's (NSIL) Small Satellite Launch Vehicle (SSLV).

Starting a Business

Big Goals, Bold Choices: Mishaal Ashemimry, Founder, Mishaal Aerospace

Ashemimry is today perhaps best known as the first female aerospace engineer in the GCC, but she is also an entrepreneur, commercial pilot, speaker and influencer.

News and Trends

SpaceTech Startup PierSight Raises $600,000 In Pre-Seed Funding

The company will deploy funding towards advancing its satellite subsystems by strengthening its talent pool and procuring essential electronic components for integration and comprehensive testing

News and Trends

InspeCity Raises $1.5 Million Pre-Seed Funding From Speciale Invest

The funding will be channelized to develop the tech stack within the company and attract quality talent to accomplish the mission and vision

News and Trends

GalaxEye Raises $3.5 Million In Seed Funding Round

The fund raised will be used to bolster the hiring of top-tier talent and accelerate the launch of the world's first multi-sensor satellite for earth observation

Science & Technology

SpaceTech Is the 'Next Frontier,' and These 4 Industries Will Experience Major Disruption

Space technology has already contributed to diverse inventions, from carbon monoxide detectors to memory foam. Today, four industries stand to benefit from SpaceTech. Let's take a closer look at each one.