Pixxel Team with ISRO Chairman, Dr. Sivan [Image - Twitter/Pixxel]

Bengaluru-based space technology startup Pixxel has closes US $7.3 million seed round with new capital from Omnivore and Tech stars joining alongside previous investors Lightspeed Ventures, Blume Ventures, grow X, Ryan Johnson and others.

The startup has recently signed an MoU  with ISRO's commercial arm, NSIL, to launch the its first remote-sensing satellite and India's first private remote-sensing satellite on an ISRO PSLV rocket in early 2021.

This additional funding will enable Pixxel to continue to rapidly scale its operations to meet the growing demand of high-quality remote sensing data through hyper spectral imaging, the Bengaluru-based private earth imaging company said in a statement.

Pixxel CEO Awais Ahmed, said, “Our new funding enables us to build a health monitor for the planet through the world’s most advanced hyper spectral small-satellites. This enables us to capture some of the richest imagery that’s ever been beamed down to earth.” Compared to the common multi spectral satellites prevalent today, Pixxel’s hyper spectral earth-imaging satellites will beam down 50x more information by capturing light reflected from earth in far more detail and in much narrower bands than just red, green and blue, the company said.

Post a Comment

Previous Post Next Post
Like this content? Sign up for our daily newsletter to get latest updates.