Pixxel founder defends Indian ownership amid backlash over US expansion

Picture: Inc42 · see the original ↗

Pixxel founder and CEO Awais Ahmed has dismissed questions over the Bengaluru spacetech's Indian ownership and control after online criticism of its US subsidiary, Pixxel Federal. Pixxel Federal will pursue US government contracts across civilian, defence and intelligence agencies. Ahmed said Indian investors, including the founders, hold the largest share, followed by investors from Singapore, the UK and the US.

Source: Inc42 ↗