InspeCity bags $5.6M to advance satellite life-extension technologies
The fresh capital will support the space-qualification of its technologies over the next 12 months, expand its engineering team, and accelerate entry into international markets.
Indian space technology startup has secured $5.6 million in seed funding led by investor Ashish Kacholia. The round also saw participation from , Shastra VC, Antler India, DeVC, MGF Kavachh, and Anicut Capital.
The company said it will use the funding to support the space-qualification of its technologies over the next 12 months, expand its engineering team, and accelerate entry into international markets.
It also plans to strengthen international partnerships, particularly in the Indo-Pacific region, with collaborative efforts underway in Taiwan and Japan.
“Our mission is to redefine the economics and sustainability of satellite operations. By extending the lifespan of on-orbit assets and reducing orbital debris, we unlock a cleaner, more sustainable, and cost-efficient future for space," said Prof. Arindrajit Chowdhury, CEO of InspeCity.
InspeCity Team
"This capital infusion validates our unique approach and fast-tracks our journey to market leadership in satellite life-extension. We’re thrilled to partner with investors like Ashish Kacholia and Vishesh Rajaram who share our vision for an economically vibrant space ecosystem,” he added.
Founded in 2022 by IIT Bombay alumni, InspeCity focuses on extending the operational life of satellites through in-house development of propulsion, robotics, and Rendezvous, Proximity Operations, and Docking (RPOD) technologies. The startup claims to be India’s first vertically integrated platform addressing satellite servicing through indigenous capabilities.
It’s proprietary technology stack includes advanced propulsion systems, robotic arms, and precision sensing suites. These systems have met key technical benchmarks and secured contracts through India’s Innovations for Defence Excellence (iDEX) program. InspeCity is a recipient of the iDEX award, which has played a significant role in the company’s early-stage development and validation.
The startup also aligns its development with India's Make-in-India initiative and is exploring hardware partnerships across the Indo-Pacific region.