News · Government, Defense & Space
GalaxEye loses contact with first satellite after solar storm
By Startup Enthusiast ·
- Date
- Company
- GalaxEye
- What it does
- Earth observation satellite builder
- Kind
- News
- Amount
- $27 Mn
- Founded
- 2021
What they do
GalaxEye builds multi-sensor Earth observation satellites for defence, agriculture and infrastructure
What happened
Its first satellite, Mission Drishti, lost communication after a geomagnetic solar storm anomaly during final orbit stage
Why it matters
The company has raised about ₹44.2 Cr from existing investors in an extended Series A round, bringing total funding to about $27 Mn
The details
- GalaxEye lost communication with its first OptoSAR satellite, named Mission Drishti, after a geomagnetic solar storm anomaly.
- The satellite had completed most of its Launch and Early Orbit Phase, validating deployment, onboard computing and communications systems.
- The link loss occurred in the final stage of orbit insertion.
- Initial radiation effects from the space weather event likely damaged a critical onboard system.
- The mission tested GalaxEye's in-house mission operations capability through its Bengaluru Mission Control Centre.
- Cofounder and CEO Suyash Singh commented that the anomaly provides engineering insights for future missions.
- GalaxEye plans to launch two new OptoSAR satellites within the next 24 months.
- The company is expanding in-house capabilities to improve quality, reliability and execution.
The bigger picture
- India's spacetech market is expected to reach about $21 billion by 2030, growing at a CAGR of 11.2% from 2024 to 2030.
- Skyroot Aerospace became India's first spacetech unicorn after a $60 million round co-led by Sherpalo Ventures and GIC.
- Pixxel partnered with AI startup Sarvam to build orbital AI data centres powered by Sarvam's foundational models.
About the business
- GalaxEye builds multi-sensor Earth observation satellites for high-resolution imaging and geospatial intelligence.
- Its customers include defence, agriculture, infrastructure and disaster management sectors.
- Mission Drishti is the world's first commercial multi-sensor satellite combining SAR (Synthetic Aperture Radar) and MSI (Multi-Spectral Imaging) on a single platform.
- It is India's largest privately built satellite and offers the highest-resolution imagery from any private player in the country.
- Fused resolution is 1.8 metres; SAR resolution reaches up to 0.9 metres in Spotlight mode.
- MSI native resolution is 3.6 metres GSD at nadir (ground sample distance directly below the satellite).
- Swath (image width) is 30 km for SAR and 10 km for MSI.
- The MSI sensor has 7 bands including Coastal Blue, Red Edge and NIR (Near Infrared).
- The SAR sensor operates in X-Band, with VV Polarization, Stripmap and Spotlight modes.
What happens next
- GalaxEye plans to launch two new OptoSAR satellites within the next 24 months.
- The company is expanding in-house capabilities to improve quality, reliability and execution.
The deal
- Type
- funding
Investors
- Anicut Capital (existing) — Investor in GalaxEye.
- Faad Network (existing) — Investor in GalaxEye.
- Speciale Invest (existing) — Investor in GalaxEye.
Founders
- Suyash Singh, CEO and cofounder
- Denil Chawda, Cofounder
- Kishan Thakkar, Cofounder
- Pranit Mehta, Cofounder
- Rakshit Bhatt, Cofounder
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 raises $4.8 million for satellite tech10 September 2026 · Funding · $4.8 million
- 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 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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