Top 5 Innovative Space Startups of India to Lookout for in 2020

As India is making some huge advancements in space tech, Many space startups of India are grabbing the attention of investors. Surviving in an Indian startup space is not easy with fierce competition around you. 60 to 70% of the startups fail without even emerging to the top, so emerging as a space tech startups in India is an achievement in itself. Here we are going to talk about Top innovative space startups in India.

Building a space startup requires building path-breaking technologies across launch, communication, and satellites and massive investments. As Elon musk's SpaceX made history by sending two astronauts to space on Crew Dragon spacecraft using a Falcon 9 rocket, many Indian startups can see light at the end of the tunnel.

Astrome
Pixxel
Kawa Space
Skyroot
Agnikul Cosmos
FAQ

Top 5 Innovative And Best Space Startups in India

Astrome

Astrome is a Bangalore based spacetech startup founded by Neha Satak and Prasad HL Bhat on May 20, 2015. Astrome Technologies Private Limited is one of the top space companies and includes 3 registered patents primarily in the 'Electric Communication Technique' category, according to IPqwery.

Just like cable TV from space is 100 times cheaper, delivering internet from space will be cheap, and fast”.

says Neha, who is the CEO of her company.

Astrome will be launching a constellation of 198 satellites into the Low Earth Orbit (LEO) to make the internet more accessible to everyone in the developing world. These satellites will cover the most densely populated regions of the world including Africa, South America, the Middle East, South Asia, and Southeast Asia.

Awards

• National Award in the ‘Technology Start-ups Category’ (2018).
• US - India Science and Technology Endowment Fund
• Most Promising Aerospace and Defense Startup Award by NASSCOM and IESA

Pixxel

Pixxel is an Indian space tech company Started by 22-year-old Awais Ahmed and. Kshitij Khandelwal. Pixxel has two Indian clients and eight more globally. Pixxel was the only startup from Asia to be selected for the first batch of 10 startups in Techstars Starburst Space Accelerator in Los Angeles. They are building a constellation of earth imaging satellites.

They are planning to launch satellites that would be helpful for governments and private organizations in collecting AI-powered analytical data related to agriculture, climate, the spread of crop pests and diseases, defense monitoring, and mining to find illegal operations, monitor oil and gas pipelines, natural disasters, forest fire, etc said Awais Ahmed, founder, and CEO of Pixxel. Space tech startup Pixxel raised $5M seed funding from Blume, growX, and Lightspeed for the first satellite launch later this year.

SpaceX Success Story | Launching | Business Model | Revenue Model | Funding

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Kawa Space

Kawa Space is a Mumbai-based space tech startup founded by Kris Nair and Bala Menon in 2019. Kawa builds and operates infrastructure in space on behalf of an enterprise and corporate clients. Their earth observation satellites are used by customers in financial services, government departments, strategic risk management, and agriculture.

Kawa space has launched one satellite in orbit, and the launch of 18 others are underway. Vijay Shekhar Sharma, Founder of Paytm invested an undisclosed amount in Kawa Space.

Best Space Tech Companies In The World

Technology is the current force in the 21st century. We survive in the world oftechnology and it is constantly making an impact in our life, that we are nowaiming for space.A newspaper once said that “we live in the world, which isgetting smaller day-by-day, because of the technologies and the im…

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Skyroot

Skyroot is a Hyderabad-based startup Pawan Kumar Chandana and Naga Bharath Daka both are former ISRO scientists. Skyroot Aerospace is the first privately-owned Indian firm to demonstrate the capability to build a homegrown rocket engine. Skyroot has a series of launch vehicles, Vikram 1, Vikram 2, and Vikram 3. Skyroot is into building India's first privately built space launch vehicles. Skyroot aerospace has raised $4.3 million to date.

Agnikul Cosmos

Agnikul is a space tech startup started by Srinath Ravichandran and Moin SPM in 2017, this startup provides a dedicated launch vehicle for smaller satellites at a lower cost. It is the only space tech startup in India to design a rocket engine that can be printed in a single piece using 3-D printing technology. Agnikul is making a small rocket that can carry a payload of around 200 kg. Agnikul has also raised 23.4 crores in the Series A funding round.

“We started Agnikul with the dream of bringing space within everyone’s reach. We are doing this by building nimble, reliable, and modular rockets that can put small satellites in space, on-demand," Srinath Ravichandran, co-founder and CEO of Agnikul, said.

Conclusion

By looking at the passion and hard work of these startups one thing is for sure that India has a bright future in Space tech. Space tech startups in India are gaining ground as private investors are paying heed to this new breed of startups. After SpaceX successfully launched its rockets in space, it paved the path for all the young age space tech startups and proved you don’t need to be a government space body to launch a vehicle in space.

FAQ

How many tech startups are there in India?

India has about 50,000 startups India in 2018; around 8,900 – 9,300 of these are technology-led startups 1300 new tech startups were born in 2019 alone implying there are 2-3 tech startups born every day.

What is the best space company?

Best space startups:

1. SpaceX.
2. Swarm Technologies.
3. Spaceflight.
4. Johns Hopkins APL.
5. Capella Space.
6. Space Tango.
7. Momentus.
8. Accion Systems.

What is the revenue of skyroot aerospace company?

Skyroot aerospace revenue: 31.5 crores INR.