Space Wrap: A blockbuster month for India’s private sector
Summary
Indian space startups had a strong month with launches, contracts, partnerships, and financing. GalaxEye launched Mission Drishti, a dual-use earth observation satellite, and Pixxel won a U.S. NRO contract while also partnering with Sarvam on an orbital data center satellite. The article also highlights multiple cooperation deals announced at a space conference in Venice, including launch access, ground station expansion, and navigation technology collaboration. Skyroot Aerospace’s $60 million round stands out as the key funding event, while IN-SPACe’s PSLV technology-transfer push signals further private-sector activity ahead.
Funding
Amount
$60.0M
Total raised
Date
May 29, 2026
Announcement date
Investors
-
Lead investors
Company
skyroot.in
Funded company
Classifications
industries
AgriTech
applications
Web and Content Management
AskAI Classifications
Labels
IoT Software
Satellite IoT Connectivity
Space Hardware
Linked Companies
Apogeo Space
$1M to $5M