According to Skymet Weather Services’ managing director Jatin Singh, the company plans to give farmers in India personalised advisory using satellite imagery from the cluster of satellites that Pixxel will launch.
To start Pixxel, the founders moved to Workbench Projects, a co-working makerspace and a fab-lab located under Halasuru Metro Station in Bengaluru. They had already worked there for the hyperloop project. However, making the satellites requires a lot of money and raising capital from investors, which initially posed a big challenge for the company. Last year, with the support from friends, Ahmed went to the US and got backing from the BITS alumni network there. The company also raised an undisclosed pre-seed round of funding from GrowX Ventures, Techstars and other prominent angel investors such as Raju Reddy, Dileep Nath, and Pawan Sarda earlier this year. It also became the only Asian firm to be selected for the first batch of 10 start-ups for Los Angeles-based Techstars Starburst Space Accelerator. This gives the young entrepreneurs an early grasp of business-use cases for their satellites as well as validation from the world’s top experts from organisations such as NASA Jet Propulsion Laboratory, the United States Air Force and Lockheed Martin.