Funding · Government, Defense & Space
GalaxEye raises $4.8 million for satellite tech
By Startup Enthusiast ·
- Date
- Company
- GalaxEye
- What it does
- Earth imagery satellites
- Kind
- Funding
- Amount
- $4.8 million
- Stage
- seed
- Based in
- Bengaluru
- Founded
- 2021
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
More on GalaxEye
- GalaxEye secures ₹63.84 crore government support for satellite technology24 September 2026 · News · ₹63.84 Cr
- GalaxEye wins US patent for satellite imaging technology8 September 2026 · Milestone · $10 million
- GalaxEye acquires spacecraft engineering firm StarOps10 August 2026 · Acquisition
- GalaxEye to build 2 new OptoSAR satellites after maiden mission setback7 July 2026 · Launch
- GalaxEye loses contact with first satellite after solar storm7 July 2026 · News · $27 Mn
- GalaxEye launches world's first OptoSAR satellite4 May 2026 · Launch
- GalaxEye launches world's first OptoSAR satellite, Mission Drishti13 April 2026 · Launch
- GalaxEye raises ₹44.2 Cr in extended Series A12 March 2026 · Funding · ₹44.2 Cr
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