Space tech startup Dhruva raises Rs 22 cr to launch satellite solutions

Space tech firm Dhruva Space has raised Rs 22 crore in a funding round led by IAN Fund and Blue Ashva Capital to position itself as a leading player in the space frontier. The firm is gearing up to launch new offerings like Satellite as a Service, Space-Grade Solar Arrays and Ground Station Solutions, both nationally and globally.

Headquartered in Hyderabad and Austria, the company said it  is already executing orders worth several million dollars and is well set to expand its client base to other key locations, including the US and Middle East.

Sanjay Nekkanti, co-founder of Dhruva Space said the