Top 10 SpaceTech Startups in india

India’s space technology sector is booming, thanks to a combination of government support and innovative startups. Here are the top 10 SpaceTech startups in India to watch in 2024, showcasing significant advancements and unique contributions to the industry:

1. Pixxel

AttributeDetails
FoundersAwais Ahmed and Kshitij Khandelwal
Established2019
FocusEarth-imaging satellites
Key Achievements– First satellite launched on ISRO PSLV in Nov 2022<br>- $7.3M funding from Techstars and Omnivore VC
Special Notes– Hyperspectral imaging for agriculture and urban planning<br>- Only Asian startup in 2019 Techstars Starburst Space Accelerator
Pixxel-Top 10 SpaceTech Startups in india

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  • Founders: Awais Ahmed and Kshitij Khandelwal.
  • Established: 2019.
  • Focus: Building a constellation of 24-30 small Earth-imaging satellites for real-time data and analytics.
  • Key Achievements:
  • Pixxel’s hyperspectral imaging technology provides high-resolution images for sectors like agriculture, mining, and urban planning.
  • Successfully launched their first satellite, Anand, on an ISRO PSLV rocket in November 2022.
  • Participated in the Techstars Starburst Space Accelerator, marking significant international recognition.
  • Raised significant funding from Techstars, Omnivore VC, and others, totaling $7.3 million.

2. Bellatrix Aerospace

AttributeDetails
FoundersRohan Ganapathy, Nuthan Prasanna, Yashas Karanam
Established2015
FocusAdvanced propulsion systems
Key Achievements– Global patents for thrusters<br>- $8M Series A funding<br>- Collaboration with Skyroot Aerospace
Special Notes– Developing eco-friendly rocket Chetak using liquid methane<br>- Orders from ISRO
Bellatrix Aerospace-Top 10 SpaceTech Startups in india

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  • Founders: Rohan Ganapathy, Nuthan Prasanna, and Yashas Karanam.
  • Established: 2015.
  • Focus: Development of advanced propulsion systems, including electric and green propulsion.
  • Key Achievements:
  • Developed thrusters with global patents and received orders from ISRO.
  • Partnered with Skyroot Aerospace to use their Orbital Transfer Vehicle.
  • Raised $8 million in Series A funding in June 2022 to enhance propulsion technologies.
  • Plans to launch its eco-friendly rocket, Chetak, which uses liquid methane as fuel.

3. Skyroot Aerospace

AttributeDetails
FoundersPawan Kumar Chandana, Naga Bharath Daka
Established2017
FocusSmall satellite launch vehicles (SSLVs)
Key Achievements– First private Indian firm to build homegrown rocket engine<br>- $11M funding
Special Notes– Developing Vikram series rockets<br>- Partnering with Bellatrix for propulsion systems
Skyroot Aerospace-Top 10 SpaceTech Startups in india

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  • Founders: Pawan Kumar Chandana and Naga Bharath Daka.
  • Established: 2017.
  • Focus: Development of small satellite launch vehicles (SSLVs).
  • Key Achievements:
  • First privately-owned Indian firm to demonstrate a homegrown rocket engine.
  • Successfully raised $11 million in funding from various investors.
  • Plans to launch their Vikram series rockets to provide cost-effective launch services.
  • Collaboration with Bellatrix Aerospace to integrate propulsion systems into their launch vehicles.

4. Agnikul Cosmos

AttributeDetails
FoundersSrinath Ravichandran, Moin SPM
Established2017
FocusCustomizable, modular launch vehicles
Key Achievements– Semi-cryogenic engine tests successful<br>- $11M Series A funding<br>- Agreement with ISRO
Special Notes– Planned commercial launches by 2024
Agnikul Cosmos-Top 10 SpaceTech Startups in india

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  • Founders: Srinath Ravichandran and Moin SPM.
  • Established: 2017.
  • Focus: Development of the Agnibaan rocket, a customizable and modular launch vehicle.
  • Key Achievements:
  • Completed successful test firings of their semi-cryogenic engine.
  • Raised $11 million in Series A funding to develop the Agnibaan rocket.
  • Signed an agreement with ISRO to access its facilities for testing and development.
  • Planned commercial launches to start by 2024.

5. Dhruva Space

AttributeDetails
FounderSanjay Nekkanti
Established2012
FocusSmall satellite platforms and end-to-end solutions
Key Achievements– Developed Orbital Deployers<br>- Collaborated with international space agencies
Special Notes– Certified by IN-SPACe
Dhruva Space-Top 10 SpaceTech Startups in india

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  • Founder: Sanjay Nekkanti.
  • Established: 2012.
  • Focus: Developing small satellite platforms and providing end-to-end satellite solutions.
  • Key Achievements:
  • Developed Orbital Deployers and Satellite Platforms.
  • Collaborated with various international space agencies for joint satellite missions.
  • Raised significant funding to expand their satellite manufacturing capabilities.
  • Received certification from the Indian National Space Promotion and Authorization Center (IN-SPACe).

6. Astrome Technologies

AttributeDetails
FoundersNeha Satak, Prasad HL
Established2018
Focus5G and rural telecommunication infrastructure
Key Achievements– Developed millimetre-wave E-band radios<br>- $10M funding from Accel and Sequoia
Special Notes– Solutions for rural connectivity, weather forecasting, disaster management
Astrome Technologies-Top 10 SpaceTech Startups in india

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  • Founders: Neha Satak and Prasad HL.
  • Established: 2018.
  • Focus: Accelerating 5G and rural telecommunication infrastructure using E-band radios and satellite communication.
  • Key Achievements:
  • Developed innovative millimetre-wave E-band radios that enhance 5G backhaul.
  • Secured over $10 million in funding from Accel Partners and Sequoia Capital India.
  • Solutions are used for rural connectivity, bridging the digital divide.
  • Products also support satellite-based services like weather forecasting and disaster management.

7. SatSure

AttributeDetails
FoundersPrateep Basu, Rashmit Singh Sukhmani, Abhishek Raju
Established2017
FocusSatellite data for decision intelligence
Key Achievements– $20M funding from major banks<br>- Plans for high-resolution satellites by 2024
Special Notes– SaaS product for financial institutions, agriculture, and infrastructure sectors
SatSure-Top 10 SpaceTech Startups in india

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  • Founders: Prateep Basu, Rashmit Singh Sukhmani, and Abhishek Raju.
  • Established: 2017.
  • Focus: Utilizing satellite data to provide decision intelligence services for sectors like BFSI, agriculture, and infrastructure.
  • Key Achievements:
  • Raised $20 million in funding from major banks including ICICI, Kotak Mahindra, and HDFC.
  • Plans to launch a fleet of four high-resolution satellites by 2024.
  • Their SaaS product helps financial institutions offer on-demand credit to farmers.
  • Solutions improve efficiency and decision-making in the agriculture and infrastructure sectors.

8. Digantara

AttributeDetails
FoundersAnirudh Sharma, Rahul Rawat, Tanveer Ahmed
Established2018
FocusSpace debris management and sustainable space practices
Key Achievements– Launched Pushan-Alpha satellite<br>- Developing Space Mission Assurance Platform
Special Notes– $12.5M funding from Kalaari Capital and Peak XV Partners
Digantara-Top 10 SpaceTech Startups in india

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  • Founders: Anirudh Sharma, Rahul Rawat, and Tanveer Ahmed.
  • Established: 2018.
  • Focus: Space debris management and sustainable space practices.
  • Key Achievements:
  • Launched the Pushan-Alpha satellite for space weather monitoring.
  • Developing a Space Mission Assurance Platform for managing space operations and traffic.
  • Raised $12.5 million from investors like Kalaari Capital and Peak XV Partners.
  • Aims to create an Indian ecosystem for small satellites and sustainable space operations.

9. Vasundhara Geo Technologies

AttributeDetails
FounderAditya Tekale
Established2017
FocusData mining from satellites and aerial platforms
Key Achievements– Completed over 75 projects<br>- Team includes data analysts, geologists, and software developers
Special Notes– Efficient handling of extensive and intricate datasets
Vasundhara Geo Technologies-Top 10 SpaceTech Startups in india

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  • Founder: Aditya Tekale.
  • Established: 2017.
  • Focus: Data mining from satellites, aerial platforms, and field sensors using deep learning algorithms.
  • Key Achievements:
  • Completed over 75 projects across various sectors including agriculture, environment, and disaster management.
  • Their technology provides rapid and insightful data analysis for clients.
  • Team comprises data analysts, software developers, geologists, and business professionals.
  • Known for efficiently handling extensive and intricate datasets.

10. Aadyah Aerospace

AttributeDetails
FounderShaju Stephen
Established2016
FocusAeronautics, space, and defense engineering
Key Achievements– Developed advanced actuators and control systems<br>- $6.12M funding from Keiretsu Forum
Special Notes– Integrating AI for enhanced aerospace applications
Aadyah Aerospace-Top 10 SpaceTech Startups in india

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  • Founder: Shaju Stephen.
  • Established: 2016.
  • Focus: Aeronautics, space, and defense engineering, and technology solutions.
  • Key Achievements:
  • Developed advanced electro-mechanical actuators and control systems for missiles and launch vehicles.
  • Secured $6.12 million in funding from the US-based Keiretsu Forum.
  • Created a cube set dispenser for securely holding satellites during launch.
  • Integrates AI to enhance computer vision, communication, and motion control in aerospace applications.

These startups are driving India’s ambitions in space technology, contributing significantly to global space exploration and applications.

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