GalaxEye secures $10M Series A funding from MountTech, Infosys, and others

Quick Summary:

The Bengaluru-based startup will use the funding to fast-track the launch of a high-resolution, all-weather satellite in 2025, delivering essential multi-sensor data for sectors such as defense, agriculture, and insurance.

It is developing indigenous multi-sensor imaging satellites, equipped with optical multi-spectral imaging (MSI) and synthetic aperture radar (SAR) technologies.

The Bengaluru-based firm has also developed an unmanned aerial vehicle SAR system for the defence sector and aims for commercial deployment in 2025.

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Article Details

Author / Journalist: Pooja Malik

Category: StartupsEconomyBusiness

Markets: India

Topics: Defence Policy Funding Startup Privacy Data Satellite Million Provide Investment Information

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 06:37:43 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 373 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 17 words per sentence (average)

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News ID: 23443011

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