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Funding · Government, Defense & Space

GalaxEye raises $4.8 million for satellite tech

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GalaxEye logo
Date
Company
GalaxEye
What it does
Earth imagery satellites
Kind
Funding
Amount
$4.8 million
Stage
seed
Based in
Bengaluru
Founded
2021
Sector
Government, Defense & Space

What they do

GalaxEye builds the world's first OptoSAR satellite combining optical cameras with radar for day/night and all-weather imagery

What happened

It raised $4.8 million to build its indigenous OptoSAR satellite, after losing its first satellite Drishti to a solar storm

Why it matters

The company has started work on Mission Drishti Generation-II and aims to deploy 30 satellites by 2030

The details

  • GalaxEye raised $4.8 million to build its indigenous OptoSAR satellite.
  • The company's first satellite Drishti was launched on May 3, 2026 aboard a SpaceX Falcon-9 rocket.
  • Drishti lost contact after a geomagnetic solar storm fried its integrated circuits.
  • GalaxEye started work on Mission Drishti Generation-II by June 10, 2026.
  • The company also acquired satellite bus developer StarOps.
  • GalaxEye is setting up a large facility outside Bengaluru.
  • The technology is patented in both India and the US.

The bigger picture

  • Drishti was India's largest privately built satellite, weighing 190 kg.
  • Over 400 drone flights were used to validate the sensor before launch.
  • About 80-85% of onboard systems were flight-validated on Drishti.
  • The company aims to deploy 30 satellites by 2030 for a three-hour revisit time.

About the business

  • GalaxEye builds the world's first OptoSAR satellite, combining high-resolution SAR and a 7-band multispectral imager on a single satellite.
  • The fused resolution is 1.8 m, SAR resolution up to 0.9 m in Spotlight mode, and MSI native resolution 3.6 m GSD at nadir.
  • Swath: SAR 30 km, MSI 10 km.
  • The team has 150 members.

What happens next

  • GalaxEye plans to raise capital to fly its next two satellites.
  • It aims to deploy 30 satellites by 2030 for a three-hour revisit time.

The deal

Type
funding

Founders

  • Suyash Singh, Co-founder and CEO
  • Denil Chawda, Co-founder
  • Pranit Mehta, Co-founder
  • Kishan Thakkar, Co-founder
  • Rakshit Bhatt, Co-founder

About GalaxEye

Product
OptoSAR satellites combining optical and synthetic aperture radar for all-weather day-and-night Earth observation capabilities
Customers
Government agencies, defense establishments, agriculture, insurance and disaster response sectors globally
How it makes money
B2G and B2B model providing satellite Earth observation data and services
What sets it apart
Proprietary OptoSAR technology enabling weather-agnostic imaging with 66% indigenization and reduced global supply chain dependence
Operations
Vertically integrated satellite design and manufacturing through acquisition of StarOps with in-house engineering capabilities

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