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Digantara, a spacetech startup, has raised $50 million from a mix of strategic and financial investors, including 360 ONE Asset, SBI Investments Co Japan, and Ronnie Screwvala.
So, what’s next: the company plans a major global expansion, including new manufacturing facilities for optical systems and satellite production.
Digantara is also gearing up to launch 15 space surveillance satellites and two missile-warning satellites during 2026-27.
It has already signed an agreement with the Andhra Pradesh government to set up a larger facility capable of manufacturing up to 30 satellites at a time, which it aims to operationalise next year.
The growth numbers: Founder Anirudh Sharma says Digantara’s revenues have grown over tenfold in the last two years, with the company now targeting $25-30 million in annual revenue over the next 18 months as defence and government orders pick up.
