OXG Space raises Rs 17 Cr from Aum Ventures for orbital mission
Bengaluru-based spacetech startup OXG Space has raised Rs 17 crore in a funding round led by Aum Ventures through its India Innovation Fund II.
Skyroot Aerospace co-founders Pawan Kumar Chandana and Bharath Daka also joined the round, alongside Cosmoserve founder Dr Chiran Phanindra.
Founded by former ISRO engineers Akash Shetty and Sanjay Gorur, OXG Space is building an orbital network that combines satellite connectivity with in-orbit computing to process Earth observation data and deliver intelligence in near real time.
Currently, Earth observation satellites typically store imagery until they pass over ground stations, resulting in a delay of 4 to 12 hours between observation and insights.
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The fresh funds will support Mission Synapse, a 12-month programme to demonstrate three core technologies in orbit: a Ka-band phased-array antenna targeting an initial 1 Gbps-class link, a deployable mesh reflector for ground connectivity, and a deployable solar array to power computing and communications payloads.
The company is targeting defence, intelligence, and commercial satellite operators. Its technology is designed to combine data from multiple satellites in orbit, enabling faster analysis of optical, radar, and signals-intelligence data.
The founders bring over 17 years of combined experience across India’s space programmes, including spacecraft systems for Chandrayaan-2 and Chandrayaan-3.
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