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News on Medial
Aditya Birla-backed Digantara takes flight onboard SpaceX’s rocket, system to monitor and detect objects
Economic Times
·
7m ago
Medial
Bengaluru-based startup Digantara successfully launched its SCOT mission aboard SpaceX’s Transporter-12 mission to improve space surveillance. The SCOT satellite can track objects as small as 5 cm in Low Earth Orbit, surpassing existing sensors limited by weather and geographical constraints. Supported by Aditya Birla Ventures and SIDBI Venture Capital, SCOT aims to enhance space safety, optimize traffic management, and bolster national security. Digantara plans to develop a hybrid surveillance network for sustainable space operations, having raised $16.5M in funding.
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Spacetech startup Digantara receives Birla-led $2M fund boost
Inshorts
·
1y ago
Medial
Bengaluru's Digantara, a spacetech startup, concludes its funding round with a $2M boost from Aditya Birla, and Sidbi Capital. Found in 2018 by three friends, it sells space awareness and intelligence technology. Since 96% of orbital objects go untracked, it tracks debris to prevent collision risks. CEO Anirudh Sharma and his team envision a cleaner, safer space for future generations.
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Spacetech startup Digantara raises $2 million from Aditya Birla Ventures, others
Economic Times
·
1y ago
Medial
Bengaluru-based space situational awareness startup Digantara has raised $2m in funding from Aditya Birla Ventures and Sidbi Venture Capital. Digantara's Space-Mission Assurance Platform (Space-MAP) offers stakeholders orbital insights and datasets to enhance the safety and sustainability of space operations. The funding is part of the startup's Series A round, bringing the total amount raised to $12m. Digantara also plans to expand internationally and launch two space-based situational awareness sensors by 2025. The company aims to address the current gap in tracking and management of objects in orbit, with only 4% being monitored.
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Will SpaceX’s Starship Finally Not Explode Next Week?
Gizmodo
·
1y ago
Medial
SpaceX has hinted at a potential date for the third launch of its Starship rocket. The company completed a wet dress rehearsal for the rocket and posted a link for the viewing of the upcoming test flight. The live feed is scheduled for March 14th, following a successful fueling test and a previous investigation by the Federal Aviation Administration (FAA) into the second test flight. SpaceX is awaiting a license modification from the FAA before the scheduled launch.
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SpaceX’s Workhorse Rocket Is Grounded After Failure in Orbit
Livemint
·
1y ago
Medial
SpaceX experienced a rare failure of its Falcon 9 rocket in space, which is the first major in-flight mishap in over 300 launches of the vehicle. The incident is now under investigation by the Federal Aviation Administration (FAA) and will likely impact the company's launch schedule. The rocket was carrying 20 Starlink internet satellites, but they were deployed into the wrong orbit, and a liquid oxygen leak developed on the upper portion of the rocket. SpaceX was able to make contact with some of the satellites but they are expected to re-enter Earth's atmosphere and burn up.
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Spacetech Startup Digantara Bags Funding From Aditya Birla Ventures, SIDBI
Inc42
·
1y ago
Medial
Indian spacetech startup Digantara has closed its Series A1 funding round, securing $12m. The funding was raised in two tranches, with the first leg raising $10m led by Peak XV Partners in 2022, and the second leg securing $2m from Aditya Birla Ventures and Small Industries Development Bank of India (SIDBI). Digantara was founded in 2018 and is focused on building a sustainable space ecosystem, developing space debris detection technology and a space surveillance satellite constellation. The funding will be used to develop its Space-Mission Assurance Platform and expand its offerings globally.
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SpaceX’s Falcon 9 cleared for return to flight by FAA after July 11 mid-flight failure
Livemint
·
1y ago
Medial
The SpaceX Falcon 9 rocket has received approval from the Federal Aviation Administration (FAA) to return to space after a mid-flight failure in July. The FAA found no public safety issues with the anomaly that occurred, and SpaceX is ready to resume flights as early as July 27. The incident occurred when the rocket, carrying Starlink internet satellites, malfunctioned and left them in the wrong orbit. SpaceX engineers quickly identified the cause as a crack in a pressure sensor line. The company plans to launch up to 148 flights this year with its Falcon rocket family.
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Aditya Birla Capital Rolls Out New Digital Platform, Targets 30 Mn Customers In 3 Years
Inc42
·
1y ago
Medial
Aditya Birla Capital has launched its omnichannel direct-to-consumer platform called ABCD, aiming to onboard 30 million new customers in the next three years. The platform offers a comprehensive range of 22 financial products and services, including loans, insurance, investments, and payment solutions. It also features its own stack of products such as portfolio consolidator and spend analyzer. The launch comes as the non-banking financial company's assets under management have surpassed INR 1 lakh crore, positioning it as the fourth largest diversified NBFC in India. With the growth of India's insurance sector, Aditya Birla Capital is expected to benefit from the increasing demand for insurance products.
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SpaceX cleared to fly Falcon 9 rocket after landing mishap
Economic Times
·
1y ago
Medial
US regulators have given clearance for SpaceX to resume launching its Falcon 9 rocket, following an investigation into a recent mishap during a booster landing. The Federal Aviation Administration (FAA) had grounded the rocket after the booster tipped over and exploded while attempting to land on a droneship. The investigation remains open, but the FAA said the rocket can return to flight operations as long as all other license requirements are met. The reusability of the rocket system is crucial for SpaceX, which has successfully landed hundreds of boosters over the last three years.
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SpaceX reveals why the last two Starships failed as another launch draws near
Arstechnica
·
26d ago
Medial
SpaceX is gearing up for the 10th test flight of its Starship rocket, having received FAA approval after addressing prior failures. Issues included a failed fuel tank pressurization system in May and a ground explosion in June. The upcoming flight aims to test the heat shield and deploy payload simulators. If successful, it will provide critical data for future spacecraft iterations, which are crucial for SpaceX's Mars settlement vision and NASA's lunar lander needs.
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Feds question Ford in hands-free driving investigation | TechCrunch
TechCrunch
·
2m ago
Medial
The National Highway Traffic Safety Administration (NHTSA) has sent Ford a detailed list of questions regarding its BlueCruise hands-free driver-assistance system, following two fatal crashes involving the software. The inquiry, which began in 2024, seeks details on vehicles equipped with BlueCruise, internal documents, and any software changes. This is part of an ongoing investigation into the system's ability to detect stationary objects, a known issue also affecting similar Tesla technologies. Ford is cooperating with the investigation.
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