spacetech
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.
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.
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.
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.
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.
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.
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.
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.
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.
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).
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.
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
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
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
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.