🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Space tech startup GalaxEye launches drone-based imaging prototype
Money Control
·
1y ago
Medial
Bengaluru-based space tech startup GalaxEye Space on Tuesday launched their drone-based synthetic aperture radar (SAR) system. The startup aims to combine the prowess of the drone-based SAR system and their planned imaging satellites to provide all-weather imaging data from space. CEO Suyash Singh said they have been parallelly working on satellite and drone-based SAR for the past 18 months.
View Source
Related News
Infosys-backed GalaxEye plans new satellite to meet global demand for geospatial data
Economic Times
·
1m ago
Medial
Infosys-backed space tech startup GalaxEye plans to develop a new imaging satellite to meet the increasing global demand for geospatial data in agriculture, mining, and defense sectors. The Bengaluru-based company aims to launch the satellite with a resolution of 0.5 meters, improving upon its first satellite, Mission Drishti. Utilizing proprietary SAR and optical MSI technology, GalaxEye seeks to provide all-weather information, reduce revisit times, and enhance its manufacturing capabilities to support expanding international defense markets.
View Source
Ideaforge and GalaxEye tie up to develop surveillance UAV
Economic Times
·
1y ago
Medial
Space sector startup GalaxEye Space Solutions Pvt Ltd has partnered with drone maker Ideaforge Technology Ltd to develop an unmanned aerial vehicle (UAV) with Foliage Penetration Radar (FPR) for the Indian security forces. The collaboration will combine Ideaforge's expertise in UAV technology with GalaxEye's state-of-the-art Synthetic Aperture Radar (SAR) technology to enhance monitoring capabilities in challenging scenarios. The FPR system will enable surveillance operations to overcome obstructions like clouds, fog, smoke, and dense foliage. The partnership also includes the development of a high-resolution 3D imaging FPR.
View Source
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.
View Source
Infosys to invest up to ₹17 crore in spacetech startup GalaxEye
Inshorts
·
10m ago
Medial
Infosys on Thursday announced it will invest up to ₹17 crore in spacetech startup GalaxEye. The IT major will acquire a minority shareholding, not exceeding 20%, in the startup. Incubated at IIT Madras and based out of Bengaluru, GalaxEye is building multi-sensor imaging satellites. It raised $6.5 million from Mela Ventures, Speciale Invest and other investors in August.
View Source
IdeaForge Picks Up Stake In GalaxEye To Build Drone-Based Sensors For Fog, Foliage Penetrations
Inc42
·
1y ago
Medial
Drone manufacturer ideaForge has announced that it will acquire GalaxEye Space Solutions' Series A Compulsory Convertible Preference Shares for INR 8.28 Cr. The acquisition aims to enable ideaForge to develop drone-based sensors for fog and foliage penetrations. Earlier this year, ideaForge had expressed its plans to enter the US market to capitalize on the demand for non-Chinese drones in the country.
View Source
Ex-defence secretary Ajay Kumar’s VC fund to invest in spacetech firm GalaxEye
Economic Times
·
9m ago
Medial
Venture capital firm Mounttech Growth Fund is participating in a $10 million funding round for spacetech startup GalaxEye. The fund, founded by former defence secretary Ajay Kumar, focuses on space and defence startups. This investment is Mounttech's first since its inception. The funding will be used to accelerate the development of GalaxEye's upcoming satellite, called the "Drishti Mission," which aims to provide high-resolution, all-weather, multi-sensor data. GalaxEye has also partnered with Ideaforge for drone technology development and other industry partners for satellite launches. The Indian space technology sector saw $126 million in funding in 2023.
View Source
DeHaat Inks Pact With Drone Destination To Offer Agri-Drone Solutions
Inc42
·
10m ago
Medial
DeHaat and Drone Destination have announced a collaboration to aggregate orders for drone spray services. DeHaat will list Drone Destination as a service provider on its platform, while the agritech company will also list its agricultural products on the drone tech startup. The Indian drone tech space is projected to reach a market size of $13 billion by 2030.
View Source
ideaForge Expands ESOP Pool, Allots Another 95,954 Stock Options
Inc42
·
1y ago
Medial
The startup allocated stock options under its ESOP, 2018. These newly allotted ESOPs are valued at around INR 7.95 Cr, based on the closing price of the stock on Friday. Additionally, ideaForge acquired an undisclosed stake in GalaxEye Space, a spacetech startup in Bengaluru, for INR 8.28 Cr.
View Source
GalaxEye partners with Florida firm for Mission Drishti, tap into global markets
Economic Times
·
5m ago
Medial
GalaxEye, a Bengaluru-based spacetech company, has partnered with Florida-based Impulso Space for its Mission Drishti to provide launch services for its multi-sensor Earth observation satellite. Scheduled for launch with SpaceX, Impulso Space brings experience from 13 missions, including minisatellites and CubeSats. The partnership offers GalaxEye integrated services like payload processing and secure storage, enhancing their operational capabilities. The mission aligns with GalaxEye’s growth strategy, expanding their market reach.
View Source
EON Space Labs bags $1.2 Mn in pre-Series A round
Entrackr
·
4d ago
Medial
EON Space Labs, a Hyderabad-based deeptech startup, specialising in imaging technologies, has raised $1.2 million (approx Rs 10.5 crore) in a pre-Series A funding round led by MGF Kavachh along with participation from HHV Advanced Technologies. The proceeds will be deployed to scale manufacturing of its AI-driven electro-optical and infrared payloads, expand the engineering team, and support upcoming product launches, EON said in a press release. Co-founded in 2022 by Sanjay Kumar, Punit Badeka, and Manoj Kumar Gaddam, EON Space Labs is an IIT Madras incubated deeptech startup developing next-generation Earth Observation (EO) imaging payloads for satellites, drones, and ground systems. The startup designs and manufactures miniaturised high-resolution electro-optic and infrared (EO/IR) systems that are up to three times lighter and more compact than conventional payloads, reducing deployment costs without compromising image quality. EON’s flagship products, the MIRA space telescope, which is under validation, and the LUMIRA EO/IR platform, which has been certified to military standards, showcase its vertically integrated model from optical design to in-house prototyping and manufacturing which ensures speed, precision, and control across the entire value chain. The startup is also building global partnerships to tap international markets, with multiple commercial orders already secured following successful proof of concept demonstrations. It plans to launch four new variants of its LUMIRA EO/IR imaging systems, designed for long-range detection of humans, vehicles, threats, and UAVs through drone and ground-based surveillance platforms.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
