Spacetech startup GalaxEye has received ₹63.84 crore in financial support under the Centre’s Research, Development and Innovation (RDI) Fund, marking a significant policy-backed bet on India’s private space capabilities. The funding is expected to accelerate development of its multisensor satellite technology, a category increasingly viewed as strategically important for earth observation, defence, climate monitoring and commercial analytics.
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"GalaxEye Secures ₹63.84 Crore RDI Backing for Multisensor Satellite Push"
Spacetech startup GalaxEye has received ₹63.84 crore in financial support under the Centre’s Research, Development and Innovation (RDI) Fund, marking a significant policy-backed bet on India’s private space capabilities. The funding is expected to accelerate development of its multisensor satellite technology, a category increasingly viewed as strategically important for earth observation, defence, climate monitoring and commercial analytics.
GalaxEye Secures ₹63.84 Crore RDI Backing for Multisensor Satellite Push
R
RDU Global Wire
Startups & Venture Capital Desk
New Delhi, India Just now (09:13 PM IST)•5 min read
Spacetech startup GalaxEye has received ₹63.84 crore in financial support under the Centre’s Research, Development and Innovation (RDI) Fund, marking a significant policy-backed bet on India’s private space capabilities. The funding is expected to accelerate development of its multisensor satellite technology, a category increasingly viewed as strategically important for earth observation, defence, climate monitoring and commercial analytics.
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