pixxel

One of India's biggest Aerospace, Pixxel has launched a new facility, spanning over 30,000 sqft. to test and make spacecrafts and satellites. Pixxel's ambitious plans include the launch of six satellites as part of the Firefly constellation this year, bringing the total to nine…

The central bank on Monday released a draft framework for self-regulatory bodies in the fintech space to ensure statutory and regulatory compliance. We decode this and more in today’s ETtech Top 5.Also in this letter:■ 2024 begins with mass layoffs in Amazon, Google, others■ Starlink’s wait for satcom licence continues■ Zomato shares drop over 4% on block dealRBI issues SRO guidelines for fintech industry The Reserve Bank of India (RBI) has issued a draft framework for self regulatory…

Spacetech startup Pixxel on Monday inaugurated its new assembly, integration and testing (AIT) facility in Bengaluru.Sreedhara Somanath, chairperson of the Indian Space Research Organisation (Isro), inaugurated the facility built in northern Bengaluru. The facility consists of a ‘clean room’ and testing area spread over 20,000 square feet, with the remaining portions spread over more than 50,000 square feet.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology Leadership and…

Bengaluru-based space data company, Pixxel is working towards launching six satellites in 2024 and 18 satellites by 2025, said its founding chief executive Awais Ahmed in an interaction with ET on December 16.Ahmed spoke to ET ahead of Pixxel’s inauguration of its spacecraft manufacturing facility in the city soon. The company is nearly five years old now.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitIndian School of BusinessISB…

Space startup Pixxel has won a multi-crore rupee grant from the government to build miniaturised multi-payload satellites for the Indian Air Force (IAF). With this, Pixxel makes its entry into the defence sector. The company has received a grant from Innovations for Defence Excellence (iDEX) of the defence ministry. "We are delighted to receive iDEX's grant and utilise our expertise of building microsatellites in-house to manufacture satellites externally for the first time," Awais Ahmed, chief executive of Pixxel,…

The government is implementing various projects related to crop production forecasting and drought assessment which involves use of satellite images such as Forecasting Agricultural Output using Space, Agro- meteorology and land-based observations (FASAL) project for crop production, forecasting of field crops, National Agricultural Drought Assessment and Monitoring System (NADAMS) for Agricultural drought assessment.FASAL and NADAMS are operationalized by Mahalanobis National Crop Forecast Centre (MNCFC) an attached…

This follows Google chief executive Sundar Pichai saying at the Google For India 2022 event last December that the company will invest $300 million in homegrown startups. With the latest Series B round, Pixxel has raised $68.3 million in total funding so far, including a $25 million Series A round in March 2022, and a $7.3 million seed round the year earlier. Accenture, the world’s largest technology services company, also made a strategic investment in Pixxel in August 2022, the…

Alphabet's Google is leading a $36 million (roughly Rs. 297 crore) funding round for Bengaluru-based Pixxel, a satellite-image startup, in the first major investment in the Indian space sector since the government launched its privatisation policy in April.Pixxel, founded in 2019, is building a constellation of satellites that have the ability to identify mineral deposits or the productivity of crops by analysing the spectral signature of an image.Miner Rio Tinto and Australian agritech company DataFarming are clients,…

Spacetech startup Pixxel is set to launch its third hyperspectral satellite – Anand – onboard ISRO's Polar Satellite Launch Vehicle (PSLV) from the Sriharikota spaceport on Saturday.Anand is a hyperspectral microsatellite weighing less than 15 kg but having more than 150 wavelengths that will enable it to capture images of the earth in greater detail than today's non-hyperspectral satellites that have not more than 10 wavelengths.The imagery from the satellite can be used to detect pest infestation, map forest fires,…