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✦Reported by Business Standard

With US-patented tech, GalaxEye plans to launch 30 satellites in 5 years

With US-patented tech, GalaxEye plans to launch 30 satellites in 5 years
Source: Business Standard

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓GalaxEye plans to launch 30 satellites in five years after receiving a US patent for its optical and radar technology.
  • ✓Co-founder Pranit Mehta said, “The patent acts as a very foundational element to building larger satellites.” The startup, incubated at IIT Madras, aims to serve global clients despite recent challenges.

Story at a Glance

Category
BUSINESS
Reported By
Business Standard
Reading Speed
3 Minute(s)
Market Focus
India Economy

The company is India's first startup to be granted a US patent on this technology which combines optical images with synthetic aperture radar (SAR). This provides better image quality despite smoke and clouds in the atmosphere.

“The patent acts as a very foundational element to building larger satellites. And, we are at a point where we want to scale to a large 30 satellite constellation. Now, when we're looking at a constellation of that scale, there are two ways to do it. One is either we become traditional manufacturers and licence technology from abroad or build something that is of difference and value,” Pranit Mehta, cofounder and vice-president of sales told Business Standard in an interaction.

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With US-patented tech, GalaxEye plans to launch 30 satellites in 5 years | ArthNow