Astrome bags Rs 64 crore RDI fund for AI satellite network

Picture: Analytics India · see the original ↗

Astrome Technologies has secured ₹64.05 crore from the Technology Development Board under the RDI Fund to build an AI-powered electronic intelligence satellite constellation. The project costs an estimated ₹128.11 crore, with the assistance structured as optionally convertible debt. The Bengaluru startup will deploy microsatellites of about 50 kg in low Earth orbit. The project aims to raise technology readiness from TRL-4 to TRL-9.

Source: Analytics India ↗

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