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Spacetech startup Pixxel appoints William McCombe as CFO

Economic Times

Economic Times · 1y ago

Spacetech startup Pixxel appoints William McCombe as CFO

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.

Related News

Spacetech startup Pixxel inaugurates satellite testing facility in Bengaluru

Economic Times

Economic Times · 1y ago

Spacetech startup Pixxel inaugurates satellite testing facility in Bengaluru

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.

Pixxel Inks Deal With Defence Ministry To Manufacture Miniaturised Satellites

Inc42 · 1y ago

Pixxel Inks Deal With Defence Ministry To Manufacture Miniaturised Satellites

Spacetech startup Pixxel has signed a deal with the Indian Ministry of Defence to produce miniaturised multi-payload satellites for the Indian Air Force. This collaboration comes under the Innovations for Defense Excellence (iDEX) scheme. The miniaturised satellite developed by Pixxel will have the capacity to carry various payloads, including electro-optical, infrared, synthetic aperture radar, and hyperspectral technologies, with a maximum weight of 150 kgs.

Pixxel becomes first Indian space startup to secure NASA contract

Entrackr

Entrackr · 10m ago

Pixxel becomes first Indian space startup to secure NASA contract

Homegrown spacetech startup Pixxel has won the largest supplier deal by an Indian company from the National Aeronautics and Space Administration (NASA). It has become part of NASA’s $476-million commercial smallsat data acquisition program. This is the first deal by an Indian startup. Pixxel will provide NASA, the US government and academic partners with hyperspectral earth observation data. This will further empower the administration’s earth science research and application activities. Founded by Awais Ahmed and Kshitij Khandelwal, Pixxel is developing hyperspectral imagery satellites, which take a spectrum of light and divides it into hundreds of narrow spectral bands so one can better understand and discern anything on the planet. In February this year, Pixxel unveiled the first set of hyperspectral images from its satellites, capturing intricate details of the land and water features of regions such as Krishna River Delta (India), Palm Islands (Dubai), Super pit (Australia), Saloum River Delta (Senegal), Granny Smith Gold Mine (Australia) and Brockman (Australia). In April 2022, Elon Musk’s SpaceX rocket carried a low-orbit imaging satellite developed by Pixxel. The Bengaluru-based startup has so far worked with several prominent space agencies, including ISRO and NASA. Pixxel raised $36 million in a series B funding round in June last year from Google and others.

Dhruva Space to integrate solar panels on Pixxel's upcoming satellite fleet

IndianStartupNews

IndianStartupNews · 8d ago

Dhruva Space to integrate solar panels on Pixxel's upcoming satellite fleet

Dhruva Space, a Hyderabad-based spacetech startup, has partnered with Pixxel to integrate solar panels on Pixxel's satellite fleet. Dhruva Space, known for its Solis+ solar panels featuring high-efficiency GaAs solar cells, aims to enhance satellite power systems. This collaboration highlights India's growing space capabilities and aims to deliver high-resolution hyperspectral imagery. Positioned to strengthen India's space hardware ecosystem, this partnership is a signal of technological maturity and export readiness in the NewSpace sector.

Adani Green Energy appoints Saurabh Shah as new CFO | Mint

Livemint

Livemint · 10m ago

Adani Green Energy appoints Saurabh Shah as new CFO | Mint

Deputy CFO Saurabh Shah will replace Phuntsok Wangyal as the CFO of Adani Green Energy in India, effective September 30.

Cognizant appoints former Wipro finance chief Jatin Dalal as CFO

Livemint

Livemint · 1y ago

Cognizant appoints former Wipro finance chief Jatin Dalal as CFO

Cognizant Technology Solutions has named Jatin Dalal, former CFO of Wipro, as its new CFO. Dalal will assume the role in December, succeeding current CFO Jan Siegmund. This move comes as part of several high-profile executive changes in the Indian tech industry. Dalal brings over two decades of experience from Wipro, where he served as president and CFO. Cognizant CEO Ravi Kumar S expressed confidence in Dalal's ability to drive revenue growth for the company.

Infosys appoints Jayesh Sanghrajka as Chief Financial Officer

Livemint

Livemint · 1y ago

Infosys appoints Jayesh Sanghrajka as Chief Financial Officer

Infosys has announced the appointment of Jayesh Sanghrajka as the Chief Financial Officer (CFO) with effect from April 1, 2024. This comes as Nilanjan Roy, the current CFO, has decided to step down to pursue personal aspirations. Sanghrajka, who has spent over 18 years at Infosys and is currently the Executive Vice President and Deputy CFO, will take over the role. The Board of Directors expressed its appreciation for Roy's contribution during his tenure.

Paytm Money appoints Vipul Mewada as CFO

Economic Times

Economic Times · 1y ago

Paytm Money appoints Vipul Mewada as CFO

Paytm Money has appointed Vipul Mewada as the CFO. He previously held the position of deputy CFO at ICICI Securities. The CFO position at Paytm Money had been vacant since April 2023. Mewada's appointment came just before RBI's action against Paytm Payments Bank, which is independent from Paytm Money. Paytm Money focuses on stock markets and mutual fund investments but has been trailing behind its competitors in the stockbroking field.

BigBasket appoints Manish Bajoria as CFO

Economic Times

Economic Times · 9d ago

BigBasket appoints Manish Bajoria as CFO

BigBasket, a Tata Group company, has appointed Manish Bajoria as its Chief Financial Officer (CFO). Bajoria brings over 20 years of experience in strategic finance, commercial management, and digital transformation from his previous roles at Vini Cosmetics, Amazon, and Hindustan Unilever. As CFO, he will oversee BigBasket's financial functions and help shape the company's financial strategy during its next phase of development, focusing on scaling and customer service enhancement.

Ashok Leyland appoints KM Balaji as chief financial officer

Money Control

Money Control · 1y ago

Ashok Leyland appoints KM Balaji as chief financial officer

Commercial vehicle manufacturer Ashok Leyland has announced the appointment of KM Balaji as its Chief Financial Officer (CFO), effective from June 1, 2024. Balaji has been with Ashok Leyland for 31 years, serving as the Deputy CFO. Gopal Mahadevan, the current CFO, will transition to the role of Director of Strategic Finance and M&A. The move comes as Ashok Leyland reported a 16.73% increase in net profit to INR 933.69 crore for the fourth quarter of FY2023-24, driven by strong demand for its products in the light and medium commercial vehicle segments.

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