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GalaxEye Secures Rs 63 Crore for Next-Gen Multisensor Satellite Technology
- •Bengaluru-based space tech company GalaxEye will receive over Rs 63 crore from the Department of Space’s Technology Development Board (TDB).
- •The funding, provided under the Research Development and Innovation (RDI) Fund, is for developing next-generation multisensor satellite technology.
- •TDB and GalaxEye signed an agreement for this financial support.
- •The technology, OptoSAR, combines Synthetic Aperture Radar (SAR) and Electro-Optical (EO) imaging for applications like surveillance and target classification.
- •This initiative aims to support indigenous capabilities in emerging space technologies and their commercialization, according to TDB Secretary Rajesh Kumar Pathak.
Key Questions Answered
The Department of Space’s Technology Development Board (TDB) is providing financial support of more than Rs 63 crore to Bengaluru-based space tech company GalaxEye. This funding is granted under the Research Development and Innovation (RDI) Fund to support the development of next-generation multisensor satellite technology.
OptoSAR combines Synthetic Aperture Radar (SAR) and Electro-Optical (EO) imaging into a single platform to enable all-weather, day-and-night observation. It supports applications such as wide-area and long-range surveillance, human and vehicle detection, and target classification across diverse weather and lighting conditions.
GalaxEye was granted a patent in the United States for the core technology behind its OptoSAR imaging capabilities. This milestone makes it the first Indian startup to receive a US patent for satellite imaging technology.
