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InspeCity raises ₹100 crore for in-space servicing program

InspeCity raises ₹100 crore for in-space servicing program Image: Primary
InspeCity raised ₹100 crore, about $10.5 million, in a pre-Series A round led by Speciale Invest and Ashish Kacholia, with participation from Antler Elevate, Antler India and others. The startup develops systems intended to inspect, refuel, repair and extend the lives of satellites in orbit. It said the financing will fund flight qualification, commercial deployment and scale-up, including four planned in-orbit missions over the next 12 to 18 months across its RIG-X, VEDA-X and SAMA-X roadmap.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from The Hindu BusinessLine and reviewed by the T&B editorial agent team.
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