Page 2 - Space Startup

Pixxel launches highest-resolution commercial hyperspectral satellites

Bengaluru-based startup Pixxel announced the launch of three of the world's highest-resolution commercial hyperspectral satellites from the Vandenberg Space Force Base in California on Wednesday. The Firefly constellation satellites were integrated via Exolaunch and launched aboard the Transporter-12 rideshare mission with SpaceX. The launch took place around 1 am. Pixxel organised a livescreening of the launch at its headquarters in Bengaluru. With the launch of the first three satellites, Pixxel will now be able to deliver more precise critical climate and Earth insights, said founder and CEO Awais Ahmed. Ahmed was addressing reporters on the sidelines of the screening. He said the Firefly constellation was six times sharper than the 30-metre standard of most existing hyperspectral satellites, capturing fine details previously invisible to conventional systems. The Firefly also marks a watershed moment in India's space journey as the nation's first commercial satellite ...

Demerger boosts Rossell Techsys' defence, space ambitions: MD Rishab Gupta

Rossell Techsys MD Rishab Gupta discusses the firm's demerger from Rossell India and its entry into the space sector, highlighting a Rs 2,800 crore order book and a focus on defence and civil aviation

Toyota backs Japanese space startup Interstellar to mass-produce rockets

As part of the capital and business tie-up, Woven will appoint a director to IST's board and support rocket production by strengthening supply chains and corporate governance, IST said

India's space sector funding drops 55% in 2024 amid global downturn

The government has sought to stimulate the sector by approving a 10 billion rupee ($119 million) fund in October 2024 to support space startups and setting plans to expand India's share

Big rockets, a big telescope and big changes in space await in 2025

The space firm founded by Amazon's Jeff Bezos has a powerful rocket called New Glenn that may at last get off the ground in 2025

Indian startup OrbitAID's patented tech clears zero gravity test in Florida

It validates SIDRP's capabilities for on-orbit satellite servicing, including docking, refuelling, and proximity operations, in simulated space conditions

How Indian startups are charting new course in downstream space sector

Downstream sector uses space data for practical applications; is projected to be worth $610 bn by 2031

Cabinet nod for Rs 1K crore venture capital fund for space sector startups

The move is expected to accelerate the growth of the private space sector in India, driving advancements in space technology

Space startups see funding rise as investors bet on capex ventures: Report

Funding in the third quarter was up 18 per cent from a year earlier at $1.9 billion, with an average deal size of $18 million, according to the report

Pixxel becomes first Indian space startup to grab order from Nasa

Pixxel becomes part of the Nasa's $476 million Commercial SmallSat Data Acquisition Program

Private space startups gain from Isro's support, but face significant risks

While Isro is deservedly lauded for its cost-effectiveness, there is excessive focus on achievements such as developing moon launch vehicle for $70 mn, when nations like US spend a billion on project

Algo Rhythm: Space technology startups soar high, says Tracxn report

In 2024, space tech startups have raised $10.8 million yet

Union Budget 2024: R&D, spacetech fund gives deeptech startups a boost

The govt is working on National Deep Tech Start-up Policy as part of its efforts to spur innovation in India's deeptech sector. The policy attempts to address the vital barriers facing the industry

Budget 2024 sets up Rs 1,000 cr venture capital fund for space economy

Industry welcomes proposal to expand space economy five-fold in 10 years through private sector participation

Space industry demands tax exemptions, PLI scheme from Union Budget

Import holidays, GST exemption for components of launch vehicles, productivity-linked incentives (PLI) and government stepping in as a customer are some of the expectations of the private space sector from Finance Minister Nirmala Sitharaman as she presents the Union Budget next week. "More money for space related acquisitions, tax holidays, import holidays, and PLI scheme for space," Pixxel Space co-founder and CEO Awais Ahmed told PTI when asked about his wishlist for the budget. Industry bodies Indian Space Association (ISpA) and Satcom Industry Association (SIA-India) have sought greater government expenditure on the space sector in the form of an anchor customer for the nascent private sector. "ISpA calls for a commitment from the government to procure and adopt space technology solutions across various governance areas such as agriculture, disaster management, infrastructure planning and development monitoring, urban development, and remote area connectivity," ISpA director .

Indian firm aims to launch 'space habitat' by 2027, in talks with SpaceX

Bengaluru-based AkashaLabdhi is designing a space habitat solution to accommodate six to 16 personnel, which it plans to launch by 2027

Union Budget 2024: What's ahead for India's space sector development?

The allocation for space department saw a modest 4 per cent increase, from Rs 12,545 crore to Rs 13,043 crore in the Interim Union Budget 2024

India's goal is to have $44 bn space economy by 2033: IN-SPACe chief

Space sector is expected to get $25 bn in investments in 10 years, says Pawan Goenka, chairman of the commercial arm of Isro

Space startup AgniKul rockets into history books with Agnibaan liftoff

Agnibaan SOrTeD uses the world's first single-piece 3D printed engine, designed and built indigenously

Space startup Agnikul calls off maiden rocket launch for fourth time

Launches of India's second privately built rocket, and first using a combination of gas and liquid fuel, had been aborted three times before because of technical issues