Former ISRO scientists’ startup Orbitt Space raises $1 million from Pi Ventures, IIMA Ventures
Here’s the structured information about Orbitt Space:
Startup Information
- Startup Name: Orbitt Space
- Founders: Christopher Parmar and Anupam Kumar
- Founded: March 2025
- Location: Ahmedabad, India
- Industry: Space Tech
Funding Details
- Funding Round: Pre-seed
- Amount Raised: $1 million
- Date of Funding: Not explicitly stated, but implied to be recent relative to the article date.
Investors
- Lead Investor: Pi Ventures
- Participating Investor: IIMA Ventures
Focus Areas
- Development of electric propulsion technology.
- Avionics systems for satellites.
- Specialization in ultra low earth orbit (ULEO) applications.
Future Plans
- In-orbit demonstrations.
- Team expansion: Hiring scientists and engineers.
- Development of the first prototype.
Relevant Notes
- The company aims to address challenges in satellite maneuverability and control due to congestion in low earth orbit (LEO).
- They are developing technologies to utilize residual atmospheric gases for propulsion, reducing reliance on onboard fuel.
This summary encapsulates the critical aspects of Orbitt Space as derived from the provided content.
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2025-05-28 00:31:00