GalaxEye Gets ₹63.8 Cr RDI Support For Multisensor Satellite Tech

Spacetech startup GalaxEye has secured ₹63.84 Cr in financial support under the Centre’s Research, Development and Innovation (RDI) Fund to develop its next-generation multisensor satellite technology. The Technology Development Board (TDB), under the Department of Science and Technology (DST), has signed an agreement with the Bengaluru-based startup to provide the support through optionally convertible debentures. The project has a total approved cost of ₹247.69 Cr, the Centre said in a stateme