Spacetech startup Digantara has raised $2.5 million in seed funding with Kalaari Capital on July 15 2021. The Bengaluru-based startup plans to stimulate its product development and originate with its first tech demonstration satellite to LEO from this venture. The SID- IISc-incubated startup intends to intensify its efforts to make space operations more secure and improve orbital sustainability in the country.
About the Company
Digantara, founded by Anirudh N Sharma, Rahul Rawat, and Tanveer Ahmed in 2018, is striving towards developing space surveillance and space situational awareness (SSA) in the nation, i.e. holding the track of objects running in its orbit and foretelling their position at any provided time. It is assembling its units that are working towards creating a space situational awareness program that will support satellites in lower earth orbit associated with space junk to avoid space wreckage, solve enigmas, and reduce collisions in space.
What the CEO has to say
Anirudh Sharma, CEO of Digantara, said, “In the dawn of the modern space era, space safety and sustainability is of principal attention to the proliferated LEO Ecosystem. Quite like the aviation sector, space inescapably needs an efficient traffic management system. We are ecstatic to partner with Mr Ravinder Singh and the team and to be supported by Kalaari Capital for such affirming confidence in Digantara and connecting us to the journey of producing a global space startup. This investment will add more fuel to our spaceflight payload development and hasten the launch of our chief mission.”
Sharma says that Digantara is working towards rapid surveillance technology-based solutions to accommodate the precise orbital insights to warrant sustained safe space operations.
“Bulky satellites in space are challenged constantly to manoeuvre to avoid not only one another but also conceivably harming space debris. This can only be overcome with better oversight to collision restraint directions, for which SSA is eminent,” the startup explained.
What the Investors has to say
“Space situational awareness will be a sharp component for working the Lower Earth Orbit economy. As the new space market develops, Digantara’s contributions help deal with space debris but also to be the infrastructural enabler on which monetary missions to space and services. Digantara’s youthful founders’ passion, capability and sincerity of their plan to explore, discover and contribute to the adventure of space and solve its ambiguities is inspirational,” remarked Ravinder Pal Singh, Partner at Kalaari Capital.
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