IIT Madras Alumni's space startup GalaxEye plans private satellite launch in 2025

Pranit Mehta, co-founder of space sector startup GalaxEye, who along with other four of his team members spoke to Prime Minister Narendra Modi during the Mann Ki Baat radio programme on Sunday, said they intend to launch their own constellation of satellites next year.

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Interacting with the prime minister, the five IIT Madras alumni Suyash, Daniel, Rakshit, Kishan and Praneet, said this was the opportunity to tap into the space sector, given the country growing at a fastest rate which which came various new opportunities.

Among various space sector policies and reforms, the government opened up space sector to private companies in 2020 in a landmark decision.

GalaxEye is a startup spun out of IIT Madras by its alumni members, founded in 2021. As part of the startup, they have built a sensor that can actually penetrate through clouds, solving several India-specific problems.

GalaxEye is able to provide imagery even during cloudy weather and night time, which the co-founder claimed as their "strongest technology".

Pranit, talking to ANI later, said the prime minister and the government's interest in the space sector, has pushed them to foray into this domain.