GalaxEye partners with Florida firm for Mission Drishti, tap into global marketsAs part of the partnership, the two companies will collaborate on the launch of the startup’s flagship multi-sensor Earth observation (EO) ...
27 Feb, 2025, 08.10 PM IST
Sun, moon and the starts: India's space startups ready for 2025Sky is the limit for Indian space startups in 2025, as they focus on attracting more funding, tap global markets and drive more real-time a...
19 Jan, 2025, 02.53 PM IST
Space industry funding in India falls 55% in 2024, data showFunding in India's space sector declined by 55% in 2024 to $59.1 million from $130.2 million the previous year. Despite global investments ...
06 Jan, 2025, 12.59 PM IST
Countdown begins for a year of space-tech commercialisationIn 2024, India's space ecosystem saw major advancements, with private startups achieving key milestones. However, challenges like high manu...
31 Dec, 2024, 01.39 PM IST
Mapping new heights: India's geospatial market to reach Rs 25,000 crore by 2025India’s geospatial market is set for explosive growth, fuelled by technological innovations and increasing demand across key sectors. India...
08 Dec, 2024, 08.25 PM IST
Ex-defence secretary Ajay Kumar’s VC fund to invest in spacetech firm GalaxEyeThis marks Mounttech’s maiden investment since its first close in July this year. On September 22, ET reported that the fund raised Rs 400 ...
06 Nov, 2024, 06.00 AM IST
Infosys to invest up to Rs 17 cr in space tech startup GalaxEyeIncubated at IIT Madras and based out of Bengaluru, GalaxEye is building multi-sensor satellites and synchronisation platform, which genera...
19 Sep, 2024, 08.21 PM IST
Infosys to invest Rs 17 crore in IIT M-incubated spacetech startup GalaxEyeThe cash investment will involve Infosys picking up a minority stake, less than 20%, as part of the series A round to pick up equity and co...
19 Sep, 2024, 07.28 PM IST
Zerodha’s Rainmatter invests Rs 10 crore each in Boson Whitewater, TruNativRainmatter, which invests in startups across fintech, clean energy, climate tech and healthtech, has pumped in Rs 30 crore into multiple co...
04 Sep, 2024, 06.00 AM IST
Space tech startup GalaxEye raises $6.5 million in first round led by Mela Ventures, Speciale InvestideaForge, Rainmatter, Navam Capital, Faad Capital, and Anicut Capital also participated. The funds will be used to launch the satellite ‘D...
01 Aug, 2024, 06.01 AM IST
VC fund to boost startup participation in space sectorFinance ministers Nirmala Sitharaman, announcing the fund in her budget speech noted the government emphasis on expanding the Indian space ...
23 Jul, 2024, 02.30 PM IST
Budget 2024: FM announces Rs 1,000 crore fund to back spacetech startupsThe minister added that the Indian space economy will be expanded by five times over the next decade. She did not elaborate on which entity...
23 Jul, 2024, 12.27 PM IST
Easing of FDI norms: Space industry says it will pave way for growth, innovationIndia's private space industry has welcomed the easing of its Foreign Direct Investment (FDI) policy, describing it as a "pivotal move" to ...
22 Feb, 2024, 03.36 PM IST
ET Startup Awards 2023: Nominees for Top InnovatorThe award will recognise innovations that launch a business or give it a big boost. It should be an original idea that is core to the busin...
05 Sep, 2023, 02.06 PM IST
Isro’s talent base propels budding spacetech startupsSpacetech startups are increasingly relying on the ISRO for hiring grey-haired talent, both on full-time and consultant roles, given the ex...
11 Jul, 2023, 04.15 PM IST
Spacetech startup GalaxEye raises $3.5 million fundingGalaxEye also announced availability of the company's flagship product offering, featuring multi-sensor imagery via modern satellites.
15 Dec, 2022, 04.16 PM IST
IIT-Madras incubated space tech startup GalaxEye raises pre seed fundingThe company said the funds will be deployed to strengthen and build robust technology infrastructure, prototype development and build a wor...
01 Jun, 2021, 07.00 PM IST