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GalaxEye Targets 30-Satellite OptoSAR Constellation, Plans Fresh Funding
GalaxEye is a space company that takes pictures and gathers information from satellites.
It wants to build a group of 30 OptoSAR satellites by 2030.
The company has already raised $10 million to help develop its next satellites.
It may try to raise more money soon.
Its first satellite, Mission Drishti, has attracted interest from possible customers.
GalaxEye says that satellite’s capacity is effectively sold out until next year.
The company wants to make as many as 20 satellites each year.
It also plans to grow its team from about 150 people to about 350.
GalaxEye aims to deploy a 30-satellite OptoSAR constellation by 2030.
The company has raised a $10 million bridge round and expects to seek more funding in coming months.
Its first satellite, Mission Drishti, has moved customer discussions toward commercial contract negotiations.
GalaxEye plans to manufacture up to 20 satellites annually and expand its workforce from 150 to about 350.
The company recently acquired StarOps to accelerate development of satellite-bus technology.
- Who
- GalaxEye, led by founder and CEO Suyash Singh.
- What
- The space-tech start-up is planning a 30-satellite OptoSAR constellation, increased satellite production, and a fresh fundraising effort.
- Where
- The announcement was made on the sidelines of the Bengaluru Space Expo.
- When
- The plans were reported on September 8, 2026; the constellation target is for 2030.
- Why
- GalaxEye aims to scale its commercial satellite-imaging business and sell satellite imagery and data.
Key facts
- Constellation target
- 30 OptoSAR satellites by 2030
- Funding raised
- $10 million bridge round
- Planned annual production
- Up to 20 satellites annually
- Planned satellite class
- 300-kilogram class
- Current workforce
- About 150 employees
- Planned workforce
- About 350 employees within two to three years
- Channel partners
- Nearly 25 global partners selling to government and defence customers
Quotes
Suyash Singh
Founder and CEO of GalaxEye
“We are very focused currently in terms of building an OptoSAR constellation in the next few years. We want 30 satellites of OptoSAR by 2030”
thehindubusinessline.com
“We want to basically manufacture 20 satellites every year of 300 kg class, and launch it to space”
thehindubusinessline.com
Sources
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