IIT-Bombay incubated spacetech startup InspeCity has raised Rs 100 crore ($10.5 million) in a round led by Speciale Invest and investor Ashish Kacholia. Antler Elevate, Antler India, Manish Gandhi, Shastra VC, and others also participated. InspeCity is building an in-space servicing architecture to extend the life of satellites and enable complex orbital maintenance.
Company Information
Company
InspeCity
Location
Thane, Maharashtra, India
About
InspeCity is an IIT Bombay-incubated spacetech startup focused on creating technology for satellite life-extension. The company aims to build solutions for in-space servicing, assembly, and manufacturing (ISAM) as well as in-space propulsion. They plan to develop a fully vertically integrated platform for life-extension projects that include propulsion, robotics, and rendezvous proximity operations and docking technologies.
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