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Space

GalaxEye secures $6.5 million from Technology Development Board for OptoSAR satellite

Deccan Age · Startups · 2 min read
Earth-observation satellite in orbit
Photo: Wikimedia Commons contributors (CC BY / CC BY-SA) — full credits

Bengaluru space startup GalaxEye has signed a $6.5 million funding agreement with the Technology Development Board to build a multisensor satellite combining radar and optical imaging.

The agreement, under the government's Research Development and Innovation (RDI) Fund, backs a project with a total approved cost of about USD 25.5 million to take the company's OptoSAR technology from TRL-6 to TRL-9.

OptoSAR fuses Synthetic Aperture Radar and electro-optical imaging for sub-0.5 metre resolution, enabling imaging across weather and lighting conditions for surveillance, detection and target classification.

TDB secretary Rajesh Kumar Pathak said the deal reflects the board's focus on indigenous emerging-space capabilities and their path to commercialisation.

Originally reported by Evertiq. Article compiled by the Deccan Age desk.
#GalaxEye#satellites#funding

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