Space tech firm XDLINX Space Labs raises $7 million in seed round led by Ashish Kacholia with additional backing from E2MC and Mana Ventures

0
Space tech firm XDLINX Space Labs raises  million in seed round led by Ashish Kacholia with additional backing from E2MC and Mana Ventures
Rupesh Gandupalli, CEO & Co-Founder, XDLINX Space
Rupesh Gandupalli, CEO & Co-Founder, XDLINX Space

XDLINX Space Labs, a prominent player in India’s space technology industry, has announced the successful completion of a $7 million seed funding round. The round was led by Ashish Kacholia of Lucky Investments with additional backing from E2MC, Mana Ventures, and a prominent family office. This funding will accelerate XDLINX’s mission to revolutionize satellite technology and push the boundaries of space exploration through innovation and cost-effective solutions.

Founded in 2022 in Hyderabad, XDLINX Space Labs began with a bold vision to redefine space missions and make innovative satellite technology accessible to a broader range of clients. The company’s first major milestone came with the successful launch of JANUS-1, a software-defined 6U Nanosat to demonstrate multi-tenancy payload capabilities, developed in a record time of just 10 months and launched aboard ISRO’s SSLV-D2 rocket on February 10, 2023 which brought down the cost and time to space significantly, compared to other traditional satellite.

Rupesh Gandupalli, CEO & Co-Founder, XDLINX Space Labs said, “We are thrilled and excited to announce the funding which will help us to accelerate the manufacturing of next-generation payloads for defence and commercial missions like E-band communications, Optical and RF intelligence to building space heritage, operationalization of satellite bus platforms and expand our global presence in the US and UK. We envision a future where space becomes more accessible by building cost-effective satellites using 75% indigenous subsystems. We look forward to contributing in India’s growing role in global space race.” 

The company is currently preparing for the launch of its next major project, Elevation-1, which will feature the world’s first miniaturized space-grade E-band payload, developed and scheduled to launch aboard SpaceX’s Transporter-12 mission. Elevation-1 is the first commercial mission designed to demonstrate E-band communications with digital modulation, and company owning a defined long-term roadmap of achieving data rates exceeding 10 Gbps.

Additionally, XDLINX Space Labs is developing the 150KG class satellite hosting Synthetic Aperture Radar (SAR) and Multi-Spectral optical sensors together using XDSAT-M600 platform for its customer scheduled to be launched in Q3-2025. Further expanding its innovative portfolio, the company is in final discussions with their customers building and launching a sub-meter multi-spectral imagery satellite constellation. The company has also signed MOUs with leading space companies laying the groundwork for continued collaboration and development.

link

Leave a Reply

Your email address will not be published. Required fields are marked *