In a pre-seed funding round coordinated by Unicorn India Ventures and involving the Tamil Nadu Start-Up and Innovation Mission (TANSIM), Chennai-based spacetech start-up OrbitAID has successfully raised $1.5 million. The company’s cutting-edge approaches to sustainable space operations and on-orbit refueling are the focus of this funding.
The start-up wants to reach technical readiness level (TRL) 6 for its refuelable propulsion system and intends to do in-orbit experiments within the next 12 months. These achievements will help upcoming agreements with public and private space organizations and confirm the technology’s commercial feasibility.
The start-up wants to reach TRL 6 for its refuelable propulsion system and intends to perform in-orbit demonstrations over the next 12 months.
In the previous year, OrbitAID accomplished
OrbitAID, which was founded in 2021 by Sakthikumar R, Nikhil Balasubramanian, and Mano Balaji K, is dedicated to building a network of strategically placed fuel stations in space that span multiple orbits. By increasing the lifespan and performance of satellites, they want to lessen space debris and increase the sustainability of space infrastructure. They recently achieved a system Readiness Level (TRL) of 7 for their docking and refueling experiments within the last year, successfully testing their unique SIDRP system during a zero-gravity flight in Florida.
Within the following 12 months, the business hopes to validate their operational and technological readiness through in-orbit demonstrations. Additionally, they intend to expand their product line with fresh ideas for environmentally friendly space missions, with TRL 6 for its refuelable
