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Pixxel unveils commercial satellite constellation Fireflies; to launch early next year
Economic Times
·
9m ago
Medial
Bengaluru-based company Pixxel has unveiled its flagship commercial satellite constellation, Fireflies. The constellation consists of six hyperspectral satellites that will launch in early 2023, with plans to expand to 24 satellites. The Fireflies offer precision in earth observation, with five-meter resolution, 150 spectral bands, and a 40-kilometre wide swath. The satellites will provide critical data for various applications, including crop disease detection, water stress monitoring, deforestation tracking, and ocean pollution assessment. Pixxel aims to make detailed and actionable insights about the planet accessible to all with its imaging capabilities.
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PM Modi lauds Pixxel's satellite constellation Fireflies
Economic Times
·
6m ago
Medial
Prime Minister Narendra Modi praised Pixxel, a Bengaluru-based space startup, for its satellite constellation Fireflies, underscoring the talent among India's youth. This is India's first private satellite constellation aimed at providing advanced climate and Earth insights. Firefly satellites launched via SpaceX’s Exolaunch offer superior accuracy in monitoring environmental changes. Pixxel plans to expand this constellation to 18 satellites, enhancing its capabilities in tracking deforestation and ocean pollution. The startup has raised $95 million in funding so far.
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Pixxel bags NASA contract to support earth science research with hyperspectral technology
Economic Times
·
11m ago
Medial
Bengaluru-based company Pixxel has been selected to be part of NASA's Commercial SmallSat Data Acquisition program. Pixxel will provide NASA and its partners with hyperspectral Earth observation data to support Earth science research and applications. The company's upcoming launch includes Fireflies, the highest-resolution hyperspectral satellites ever launched, which will capture data across more than 250 spectral bands. Pixxel plans to expand its constellation to 24 satellites, providing real-time insights for decision-making and environmental resilience.
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growX makes 17X return on partial exit from Google-backed Pixxel
Entrackr
·
2m ago
Medial
growX Ventures Fund has reported a partial exit from space tech firm Pixxel, marking the first liquidity event for its $25 million Fund I. The exit delivered a 17X return on invested capital and an internal rate of return (IRR) of 68% over a 5.5-year investment period. Despite this exit, growX retains a significant stake in Pixxel. Founded in 2019 by Awais Ahmed and Kshitij Khandelwal, Pixxel is developing a constellation of high-resolution hyperspectral imaging satellites for sectors like agriculture, mining, energy, and environmental monitoring. The startup has raised $95 million across nine funding rounds, with notable backers including GIC, Google, Radical Ventures, and Seraphim Capital. A commercial rollout is slated for later this year, with the launch of the initial six-satellite constellation. Launched in 2019, growX Fund I focuses on early-stage B2B tech startups across sectors such as deep tech, fintech, SaaS, healthtech, and space tech. It holds positions in companies like Bellatrix Aerospace, Progcap, Zuddl, and Lightspeed Photonics.
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ISRO's SSLV, private players Skyroot, Agnikul eye share in small satellite business
YourStory
·
11m ago
Medial
Indian Space Research Organisation's (ISRO) Small Satellite Launch Vehicle (SSLV) is set to become the first rocket of its kind ready for commercial use, while startups Skyroot and Agnikul Cosmos also compete for the market. The satellite launch industry in India is forecast to grow from $720 million in 2022 to $3.5 billion by 2033, with small satellites being the preferred option. Pixxel plans to use both ISRO and SpaceX for its constellation of small satellites, while IN-SPACe is discussing satellite constellations with government ministries to boost demand for indigenous launch vehicles.
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Spacetech startup Pixxel inaugurates satellite testing facility in Bengaluru
Economic Times
·
1y ago
Medial
Spacetech startup Pixxel has unveiled its satellite testing facility in Bengaluru, India. The facility will enable the company to conduct comprehensive tests and evaluations of its satellites before deployment. Pixxel aims to build a constellation of Earth observation satellites to provide high-resolution imaging data for various industries such as agriculture, forestry, and disaster management. The testing facility marks an important milestone for Pixxel as it progresses towards its goal of launching its first satellite by the end of this year.
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Spacetech startup Pixxel appoints William McCombe as CFO
Economic Times
·
1y ago
Medial
Satellite imaging startup Pixxel has hired William McCombe as its new chief financial officer (CFO). McCombe, who previously served as CFO of Velo3D, will be responsible for overseeing Pixxel's financial functions. With its plans to launch a constellation of hyperspectral imaging satellites, Pixxel aims to revolutionize environmental monitoring. The startup recently opened a manufacturing facility in Bengaluru and has secured partnerships with major companies like Rio Tinto, BP, Google, and the Indian Ministry of Agriculture. Pixxel plans to launch six satellites in 2024 and an additional eighteen by 2025.
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Working towards launching six satellites in 2024, 18 by 2025: Pixxel CEO Awais Ahmed
Economic Times
·
1y ago
Medial
Bengaluru-based space data company, Pixxel, plans to launch six satellites in 2024 and 18 satellites by 2025. The company's founder and CEO, Awais Ahmed, revealed this as Pixxel inaugurated its spacecraft manufacturing facility in Bengaluru. The satellites, named Fireflies and Honeybees, will provide global coverage every 24 hours and monitor various sectors such as agriculture, mining, environment, and energy. Pixxel already has three hyperspectral satellites in space and aims to launch a total of 24 satellites by 2025. The company's goal is to leverage hyperspectral technology for monitoring the health of the planet.
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GalaxEye signs MoU with IN-SPACe to improve satellite tech
Internet
·
1y ago
Medial
GalaxEye constructed the nation's first drone with Synthetic Aperture Radar (SAR) in 2023, and the company is currently developing the nation's first private constellation of Earth observation satellites. The startup plans to launch its first satellite, Drishti Mission, within the next year. It will be the multi-sensor imaging satellite with the best resolution available.
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Spacetech startup Pixxel launches Aurora studio to make satellite imagery accessible
Economic Times
·
1y ago
Medial
Pixxel has launched Aurora, an Earth Observation (EO) studio designed to make remote sensing analysis accessible for all. The platform features a wide range of open-source and commercial remote sensing datasets and offers a no-code environment for visualizing and comparing satellite imagery. Aurora provides various models and indices for different industries, including agriculture, forestry, and energy. Users can access insights faster and easily integrate Earth observation data into their operations. Future updates will allow for data fusion across expansive areas, combining hyperspectral data with other datasets for more comprehensive analysis. Pixxel is set to launch six commercial-grade hyperspectral satellites this year.
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Chairpersons of Tata Sons, Infosys visit spacetech startup Pixxel
Economic Times
·
5m ago
Medial
The chairpersons of Tata Sons and Infosys visited space startup Pixxel in Bengaluru, engaging in discussions on hyperspectral imaging and its Earth observation applications. Pixxel recently launched three commercial satellites via SpaceX, marking the first phase of its commercial constellation. The visit highlighted the importance of advancing Earth observation technologies and the role of Indian companies in deep tech and R&D. Both Tata and Infosys are actively exploring opportunities in the space tech sector.
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