VestaSpace gets $10mn funding from Next Capital

    2020-12-11T03:14:38+00:00May 13th, 2020|India Inc Views - India Global Business, News in Brief|

    The new round of funding will allow the space tech start-up to expand the reach of its innovative solutions across India and the world. Indian space technology start-up VestaSpace Technology, which makes small satellite platforms for commercial and scientific applications, raised $10 million in funding from US-based investment and advisory firm Next Capital LLC. The Pune-based start-up will use the funds to enhance its technological infrastructure and expand the reach of its innovative solutions across India and the world. The [...]

      Why does India’s space adventure cause unease in the UK?

      2019-04-18T12:25:07+00:00April 16th, 2019|2019, Women's Edition – April 2019|

      India’s recent anti-satellite missile system (A-SAT) test resulted in aftershocks of a different kind in Britain, which does not own similar hi-tech hardware. “The UK is still bankrolling India despite its recent launch of the satellite – a hi-tech piece of hardware that the UK does not even own within its own defence systems,” noted a UK daily soon after India’s headline-grabbing space experiment. Mission Shakti propelled India into an elite club of four countries, alongside China, Russia and the US, to successfully deploy the A-SAT technology [...]