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Astrome Technologies secures Rs 64.05 crore in government-backed RDI funding from Technology Development Board to develop AI-powered satellite constellation.
BengaluruTelecommunicationsDescription
Astrome Technologies has secured Rs 64.05 crore from the Technology Development Board (TDB) under the Department of Science and Technology to develop an AI-powered electronic intelligence satellite constellation. The funding is structured as optionally convertible debt, part of a total estimated project investment of Rs 128.11 crore. The project will support the development and deployment of approximately 50-kg microsatellites in low Earth orbit with ELINT payloads and AI-based ground processing software. The satellite network aims to strengthen India's domestic capabilities in satellite-based signal intelligence and strategic space technologies.
Quick answer
Astrome Technologies secures Rs 64.05 crore in government-backed RDI funding from Technology Development Board to develop AI-powered satellite constellation. (November 14, 2026). Astrome Technologies is based in Bengaluru, Karnataka, India.
- What agreement did Astrome Technologies announce on November 14, 2026?
- Astrome Technologies has secured Rs 64.05 crore from the Technology Development Board (TDB) under the Department of Science and Technology to develop an AI-powered electronic intelligence satellite constellation. The funding is structured as optionally convertible debt, part of a total estimated project investment of Rs 128.11 crore.
- What does Astrome Technologies do?
- Astrome is a deeptech startup that is accelerating the deployment of 5G and rural telecommunication infrastructure through its patented millimeter wave E-band radios and satellite communication products.
- Where is Astrome Technologies based?
- Astrome Technologies is based in Bengaluru, Karnataka, India.
- Which similar companies announced agreements around the same time?
- Vodacom (November 11, 2026), Ooredoo (November 10, 2026), Vodafone Idea (November 5, 2026) and DIDWW (October 28, 2026) also announced agreements within 45 days of Astrome Technologies.
Source: Fundz verified event record.
Other recent agreements in Telecommunications
Contracts and agreements at companies in the same sectors within 45 days, from Fundz verified event records.
- Vodacom partners with Cassava Technologies and ElSewedy Electric to build AI data centres in Egypt. (November 11, 2026)
- Ooredoo Group Partners with Bango for Subscription Bundling Services using Digital Vending Machine. (November 10, 2026)
- Vodafone Idea partners with PwC India to launch Vi Intelligence and enhance enterprise AI adoption. (November 5, 2026)
- DIDWW Partners with TechAI Solutions to Enhance AI Call Analytics with IdentityCall. (October 28, 2026)
- ST Engineering iDirect Partners with MBSat to Develop Satellite Ground Infrastructure in Oman. (October 26, 2026)
- Ericsson Canada partners with ÉTS to develop scalable quantum algorithms for telecom optimization. (October 24, 2026)
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