Bengaluru-based Spacetech Startup Pixxel to Launch 24 Satellites

NewsBharati    01-Dec-2023 17:00:27 PM
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Pixxel, a dynamic spacetech start-up based in Bengaluru, has exciting developments in store. Founded in 2019, the company has set its sights on launching 24 state-of-the-art satellites within the next two years.
 

Pixxel 
 
These cutting-edge hyperspectral imaging satellites, capable of capturing data across a wider range of wavelengths, will revolutionize the industry. Dubbed the Fireflies constellation, Pixxel's first six satellites are scheduled to take off in 2024, followed by an additional 18 in 2025.
 
With global coverage, the Fireflies constellation will provide Pixxel with daily data collection capabilities. “Our mission at Pixxel is to utilize space data and analytics to drive innovation,” stated Awais Ahmed, the passionate co-founder and CEO. "We are thrilled to announce our plans to launch the world's first hyperspectral satellite constellation, consisting of 24 advanced satellites, starting next year."
 
Pixxel is set to make history next year with the launch of the world's first hyperspectral satellite constellation. Comprised of 24 cutting-edge satellites, this constellation will provide global coverage every single day, allowing us to gather data from every corner of the globe on a daily basis.
 
This groundbreaking technology has endless possibilities for industries such as agriculture, mining, and environmental monitoring. Crop health, mineral deposits, and deforestation are just a few examples of the valuable insights that Pixxel's hyperspectral imaging satellites will provide. Excitement has been building around Pixxel's groundbreaking project, and investors have taken notice.
 
With an impressive $36 million in funding from esteemed investors like Sequoia Capital India and Blume Ventures, Pixxel is leading the charge in the development of hyperspectral imaging satellites. Of course, they are not alone in this effort. Other ambitious startups, including Planet Labs and Satellogic, are also dedicated to advancing this revolutionary technology.  
 
By 2026, the demand for hyperspectral satellite data is predicted to skyrocket, reaching a staggering $2.6 billion in the global market. Pixxel has its sights set on seizing this opportunity, aiming to deliver top-notch yet cost-effective data to clients on a global scale. 
 
Source : AFI