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News on Medial
Digantara commissions commercial space surveillance satellite, SCOT
Economic Times
·
6m ago
Medial
Bengaluru-based startup Digantara launched SCOT, the first commercial space surveillance satellite, to enhance space situational awareness. Launched via SpaceX, SCOT tracks objects as small as 5 cm, crucial for reducing space collision risks. The satellite captured its first image over Buenos Aires. Prime Minister Modi and industry leaders praised this milestone, noting its importance in sustainable space operations. Digantara provides comprehensive space surveillance solutions, aiding timely decision-making for satellite operators and regulators.
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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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Digantara to set up spacecraft manufacturing facility in the US
Economic Times
·
7m ago
Medial
Digantara, a Bengaluru-based space surveillance company, plans to invest $10-15 million in a spacecraft manufacturing facility in Colorado within the next six to eight months. Supported by $1 million in incentives from the State of Colorado, this expansion aligns with increasing US-India defence cooperation and aims to meet US intelligence and reconnaissance needs. Digantara's US venture includes securing defence contracts and launching the SCOT satellite for advanced space surveillance, positioning it for growth in the $60 billion market.
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Indian space tech firm Digantara eyes $30 million revenue with US expansion
Economic Times
·
7m ago
Medial
Indian space tech firm Digantara plans to expand into the US, targeting $25-$30 million in revenue over the next two years by capitalizing on the $60 billion space surveillance market. The Bengaluru startup will invest $10-$15 million to establish a manufacturing facility in Colorado. Digantara has contracts with US defense agencies, including launching a surveillance satellite with SpaceX. The expansion aims to enhance space surveillance and address space traffic and debris concerns globally.
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Reliance in advanced talks to lead $50 million raise in spacetech startup Digantara - The Economic Times
Economic Times
·
1m ago
Medial
Reliance Industries is in advanced talks to lead a $50 million funding round in spacetech startup Digantara, focusing on space surveillance, amid rising defense expenditure and global geopolitical tensions. The investment marks a significant boost to India's emerging space surveillance sector. Digantara plans to establish a constellation of surveillance satellites by 2026. The company aims for defense and commercial markets, particularly in space situational awareness, with significant funding allocated for infrastructure development.
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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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Spacetech startup Digantara unveils 25,000-sq ft facility in Bengaluru
Economic Times
·
1y ago
Medial
Spacetech startup Digantara has opened its global headquarters in Bengaluru, which includes a command and control centre and cleanroom. The 25,000 square feet facility will serve as a satellite assembly, integration, and testing (AIT) facility. Digantara, backed by Peak XV Partners, plans to launch a constellation of space-based space surveillance satellites to address data inadequacies and provide innovative sensors and space operations solutions. The inauguration was attended by Indian Space Research Organisation (ISRO) chairman S Somanath and space situational awareness experts from 10 countries. The company has already signed up clients outside of India and government agencies in the defense sector.
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Bengaluru-based space tech startup Digantara raises $10 million in funding led by Peak XV Partners
Money Control
·
2y ago
Medial
Bengaluru-based space tech startup Digantara has secured $10 million in funding, with Peak XV Partners leading the investment round. The funding will enable Digantara to further develop its space technologies and expand its operations. The startup aims to leverage this capital infusion to strengthen its position in the space industry and advance its innovative solutions for satellite communication and Earth observation.
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Space Force bets on commercial entrants in $4B satcom contest | TechCrunch
TechCrunch
·
1m ago
Medial
The Space Force's Protected Tactical Satcom program aims to enhance battlefield communications through jam-resistant satellite technology, investing hundreds of millions in commercial innovation. Contracts awarded to Boeing, Northrop Grumman, Viasat, Intelsat, and newcomer Astranis target satellite design and demonstration for tactical forces. With a $4 billion ceiling, initial awards total $37.3 million. By 2026, the Space Force will choose one design for satellite production, promoting competition and leveraging commercial speed for military needs.
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Space-tech companies get an opening as India seeks more eyes in the sky
Economic Times
·
3m ago
Medial
India is advancing satellite-based Intelligence, Surveillance, and Reconnaissance (ISR) capabilities, highlighted by a need for more satellites to ensure continuous coverage. Approximately 10–11 defence satellites are currently in operation, mainly from the Cartosat and RISAT series. The Space Based Surveillance (SBS-III) program is pivotal, aiming to launch 52 satellites, with private firms handling 31. Enhanced satellite imagery is crucial for locating adversaries and planning operations, providing reliable intelligence alongside drones and radars.
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Spacetech Startup XDLINK Space Labs Raises $7 Mn From Ashish Kacholia, Others
Inc42
·
11m ago
Medial
- Hyderabad-based startup raises seed funding for its first commercial mission - XDLINX Space Labs secures funding round with participation from E2MC, Mana Ventures, and one undisclosed family office - Startup plans to use funds to develop its own satellite and launch first commercial mission - XDLINX Space Labs offers end-to-end nano and micro satellite platforms with hosted payloads - Founded by Gandupalli and Karthik Govindhasamy - Seed funding round to fuel the growth and expansion of the startup in the space industry.
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