StopDownOpen the app

News · Government, Defense & Space

GalaxEye loses contact with first satellite after solar storm

By ·

GalaxEye logo
Date
Company
GalaxEye
What it does
Earth observation satellite builder
Kind
News
Amount
$27 Mn
Founded
2021
Sector
Government, Defense & Space

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

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

Read it as a card in the app

More on GalaxEye

Everything on GalaxEye →

Same day

All startup news on 7 July 2026 →