logo
Former ISRO scientists' startup Orbitt Space raises $1 million from Pi Ventures, IIMA Ventures

Former ISRO scientists' startup Orbitt Space raises $1 million from Pi Ventures, IIMA Ventures

Time of India28-05-2025

Orbitt Space
, a
space tech startup
founded by former Indian Space Research Organisation (
ISRO
) scientists, has raised $1 million in a pre-seed funding round led by
Pi Ventures
, with participation from IIMA Ventures.
The Ahmedabad-based startup, founded by Christopher Parmar and Anupam Kumar, will use the funds to accelerate the design and development of its proprietary
electric propulsion technology
and avionics systems.
Parmar and Kumar spent over eight years at ISRO, specialising in satellite design, testing, and deployment, before launching Orbitt Space in March 2025.
Play Video
Pause
Skip Backward
Skip Forward
Unmute
Current Time
0:00
/
Duration
0:00
Loaded
:
0%
0:00
Stream Type
LIVE
Seek to live, currently behind live
LIVE
Remaining Time
-
0:00
1x
Playback Rate
Chapters
Chapters
Descriptions
descriptions off
, selected
Captions
captions settings
, opens captions settings dialog
captions off
, selected
Audio Track
Picture-in-Picture
Fullscreen
This is a modal window.
Beginning of dialog window. Escape will cancel and close the window.
Text
Color
White
Black
Red
Green
Blue
Yellow
Magenta
Cyan
Opacity
Opaque
Semi-Transparent
Text Background
Color
Black
White
Red
Green
Blue
Yellow
Magenta
Cyan
Opacity
Opaque
Semi-Transparent
Transparent
Caption Area Background
Color
Black
White
Red
Green
Blue
Yellow
Magenta
Cyan
Opacity
Transparent
Semi-Transparent
Opaque
Font Size
50%
75%
100%
125%
150%
175%
200%
300%
400%
Text Edge Style
None
Raised
Depressed
Uniform
Drop shadow
Font Family
Proportional Sans-Serif
Monospace Sans-Serif
Proportional Serif
Monospace Serif
Casual
Script
Small Caps
Reset
restore all settings to the default values
Done
Close Modal Dialog
End of dialog window.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
오돌토돌 닭살피부, 집에서 이렇게 관리해요
현명한소비자
Undo
'When we were at ISRO, we began to identify some of the challenges in the conventional space market. One of the biggest is that
low earth orbit
is becoming increasingly congested, creating manoeuvrability and control issues for new satellite launches,' Parmar told ET.
To address this, Orbitt is developing an air-breathing electric propulsion system and a next-generation satellite bus platform designed specifically for ultra low earth orbit (ULEO) — altitudes below 250 km.
Live Events
This zone remains largely untapped due to high atmospheric drag and fuel constraints. Also, Orbitt's propulsion system claims to use residual atmospheric gases as propellant, eliminating the need for onboard fuel.
Discover the stories of your interest
Blockchain
5 Stories
Cyber-safety
7 Stories
Fintech
9 Stories
E-comm
9 Stories
ML
8 Stories
Edtech
6 Stories
The funding comes amid a broader push to enhance India's satellite-based intelligence, surveillance, and reconnaissance (ISR) capabilities in response to rising geopolitical and border concerns.
Parmar added that when paired with a high-agility, 200 kg-class satellite bus, Orbitt's technology could enable high-performance earth observation, low-latency telecommunications, climate monitoring, surveillance, and scientific missions.
Currently in its development phase, Orbitt plans to move next to in-orbit demonstrations to validate performance, followed by the commercial rollout of its ULEO satellite platform.
The company also plans to expand its team by hiring scientists and engineers and begin testing its first prototype.
In March, Union minister Jitendra Singh
announced a Rs 1,000 crore funding scheme
for space startups, to be managed by Sidbi Venture Capital.
'India's deep-rooted excellence in spacetech, led by ISRO, is now fuelling a new wave of private innovation. Orbitt Space is poised to disrupt the satellite market by pioneering access to ULEO to deliver better performance and lower costs for satellite operators,' said Shubham Sandeep, managing director at Pi Ventures.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Indian astronaut Shukla Axiom-4 mission set for June 10 lift-off, dock at ISS after 28-hour flight
Indian astronaut Shukla Axiom-4 mission set for June 10 lift-off, dock at ISS after 28-hour flight

The Hindu

time43 minutes ago

  • The Hindu

Indian astronaut Shukla Axiom-4 mission set for June 10 lift-off, dock at ISS after 28-hour flight

Indian astronaut Shubhanshu Shukla and three others are set to embark on Axiom Space's fourth human spaceflight from NASA's Kennedy Space Centre in Florida on June 10 and are likely to dock at the International Space Station on June 11 at about 10 PM IST, after a nearly 28-hour journey. Mr. Shukla, the mission pilot of the Axiom-4 (Ax4) commercial mission to the ISS, will be accompanied by mission commander Peggy Whitson and specialists Tibor Kapu from Hungary and Slawosz Uznanski-Wisniewski from Poland. The Axiom-4 mission will mark India's return to space 41 years after Rakesh Sharma's historic spaceflight onboard Russia's Soyuz mission in 1984. "The crew will travel to the orbiting laboratory on a new SpaceX Dragon spacecraft after launching on the company's Falcon 9 rocket. The targeted docking time is approximately 12:30 p.m. EDT (10:00 p.m. IST), Wednesday, June 11," NASA said in a statement. ISRO Chairman V. Narayanan visited Axiom Space last week to review the preparations for the spaceflight. The astronauts have been in quarantine since May 25 to prepare for the trip and have been training ahead of the launch on June 10. "The #Ax4 crew undergoes extensive emergency training, featuring a range of scenarios such as underwater escape drills," Axiom Space said in a post on X, and shared a video of the training programme. During the 14-day stay at the ISS, the Ax-4 crew is expected to interact with Prime Minister Narendra Modi, school students, and space industry leaders, among others. Earlier this week, the crew addressed a press conference to give an update on the training ahead of the launch. "We are good for the launch, we have completed all the training and the team has bonded well," Mr. Whitson said on Tuesday (June 3, 2025). Mr. Shukla described the year-long training for the spaceflight as "nothing short of transformative". "It has been an amazing journey so far, but the best is yet to come. As I go into space, I carry not just instruments and equipment, I carry hopes and dreams of a billion hearts," Mr. Shukla said. Mr. Shukla is set to conduct exclusive food and nutrition-related experiments developed under a collaboration between the Indian Space Research Organisation (ISRO) and the Department of Biotechnology (DBT), with support from NASA. The experiments aim to pioneer space nutrition and self-sustaining life support systems vital for future long-duration space travel. ISRO has lined up a set of seven experiments for Mr. Shukla, who will also participate in five joint studies planned by NASA for its human research program. It has drawn up plans to focus on India-centric food for carrying out experiments on the ISS, including sprouting methi (Fenugreek) and moong (green gram) in microgravity conditions. Mr. Shukla will also expose the seeds to the macrobiotic conditions and bring them back to earth, where they will be cultivated into plants not just once but over generations. Mr. Shukla's experience on the Axiom Mission 4 would be very well utilised on the Gaganyaan mission, which is planned for 2027. ISRO is spending ₹550 crore on the Axiom-4 mission.

Astronaut Shubhanshu Shukla's Axiom-4 Mission set for launch on June 10
Astronaut Shubhanshu Shukla's Axiom-4 Mission set for launch on June 10

Business Standard

time2 hours ago

  • Business Standard

Astronaut Shubhanshu Shukla's Axiom-4 Mission set for launch on June 10

Indian astronaut Shubhanshu Shukla and three others are set to embark on the Axiom Space's fourth human spaceflight from NASA's Kennedy Space Centre in Florida on June 10 and are likely to dock at the International Space Station on June 11 at about 10 PM IST, after a nearly 28-hour journey. Shukla, the mission pilot of the Axiom-4 (Ax4) commercial mission to the ISS, will be accompanied by mission commander Peggy Whitson and specialists Tibor Kapu from Hungary and Slawosz Uznanski-Wisniewski from Poland. The Axiom-4 mission will mark India's return to space 41 years after Rakesh Sharma's historic spaceflight onboard Russia's Soyuz mission in 1984. "The crew will travel to the orbiting laboratory on a new SpaceX Dragon spacecraft after launching on the company's Falcon 9 rocket. The targeted docking time is approximately 12:30 (10:00 p.m. IST), Wednesday, June 11," NASA said in a statement. ISRO Chairman V Narayanan visited Axiom Space last week to review the preparations for the spaceflight. The astronauts have been in quarantine since May 25 to prepare for the trip and have been training ahead of the launch on June 10. "The #Ax4 crew undergoes extensive emergency training, featuring a range of scenarios such as underwater escape drills," Axiom Space said in a post on X, and shared a video of the training programme. During the 14-day stay at the ISS, the Ax-4 crew is expected to interact with Prime Minister Narendra Modi, school students, and space industry leaders among others. Earlier this week, the crew addressed a press conference to give an update on the training ahead of the launch. "We are good for the launch, we have completed all the training and the team has bonded well," Whitson said on Tuesday. Shukla described the year-long training for the spaceflight as "nothing short of transformative". "It has been an amazing journey so far, but the best is yet to come. As I go into space, I carry not just instruments and equipment, I carry hopes and dreams of a billion hearts," Shukla said. Shukla is set to conduct exclusive food and nutrition-related experiments developed under a collaboration between the Indian Space Research Organisation (ISRO) and the Department of Biotechnology (DBT), with support from NASA. The experiments aim to pioneer space nutrition and self-sustaining life support systems vital for future long-duration space travel. ISRO has lined up a set of seven experiments for Shukla, who will also participate in five joint studies planned by NASA for its human research program. It has drawn up plans to focus on India-centric food for carrying out experiments on the ISS, including sprouting methi (Fenugreek) and moong (green gram) in microgravity conditions. Shukla will also expose the seeds to the macrobiotic conditions and bring them back to earth where they will be cultivated into plants not just once but over generations. Shukla's experience on the Axiom Mission 4 would be very well utilised on the Gaganyaan mission which is planned for 2027. ISRO is spending Rs 550 crore on the Axiom-4 mission.

FinTech push: Infosys opens GIFT City centre for BFSI digital services; new hub to house over 1,000 employees in hybrid model
FinTech push: Infosys opens GIFT City centre for BFSI digital services; new hub to house over 1,000 employees in hybrid model

Time of India

time2 hours ago

  • Time of India

FinTech push: Infosys opens GIFT City centre for BFSI digital services; new hub to house over 1,000 employees in hybrid model

Infosys on Saturday announced the opening of its new development centre at Gujarat International Finance Tec-City (GIFT City) in Gandhinagar, marking a strategic expansion of its presence in India's premier international financial hub. Tired of too many ads? go ad free now The Bengaluru-based IT major said the facility will support more than 1,000 employees in a hybrid working setup and serve as a key TechFin hub delivering advanced digital solutions for global clients in the banking, financial services and insurance (BFSI) sector. 'This centre will offer a state-of-the-art facility for over 1,000 employees in a hybrid working model. It will function as a key TechFin hub, delivering advanced digital solutions for global BFSI clients,' Infosys said in a statement, as quoted an ET report. The centre will provide services in digital banking, capital markets, trade finance, regulatory and compliance functions, cards and payments, and risk management. It will also harness technologies such as AI, generative AI (GenAI), cloud, API, cybersecurity, and blockchain to enable cross-border digital solutions. According to the company, the GIFT City hub aligns with Infosys's global delivery strategy and strengthens its capabilities in delivering seamless tech-enabled financial services. 'Setting up our development centre in GIFT City is a strategic step aligned with our vision of leading innovation in financial services from within India's foremost international financial hub," said Jayesh Sanghrajka, chief financial officer, Infosys. Designed as a future-ready hybrid workplace, the centre will also focus on enhancing productivity and fostering collaboration, the company said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store