Space technology firm Digantara has raised $50 million in a Series B funding round to expand its satellite surveillance capabilities and scale manufacturing and research operations outside India, the company said on Wednesday.
The round was backed by a mix of domestic and international investors including 360 ONE Asset, SBI Investments of Japan and entrepreneur Ronnie Screwvala, with existing backers Peak XV Partners and Kalaari Capital also participating.
The funding comes as governments and defence agencies worldwide increase spending on space based monitoring systems amid growing congestion and security risks in orbit.
Founded in 2020 by Anirudh Sharma, Bengaluru and Colorado Springs based Digantara develops systems to track objects in space and provide early warning data for national security and commercial operators. The company operates across India, Singapore and the United States and plans to expand into Europe by mid 2026.
Digantara to set up additional manufacturing facilities
Digantara said the new capital would be used to set up additional manufacturing facilities for optical systems and satellites and to expand its research and development workforce globally over the next year. The company is also preparing to launch a constellation of space surveillance satellites and missile warning platforms through 2026 and 2027.
Sharma said the company was moving beyond its initial focus on space situational awareness towards a broader surveillance and intelligence role. He said the funding would support operational readiness and international expansion, including programmes linked to missile detection and tracking.
Investors said Digantara’s focus on building an integrated technology stack was a key factor behind the investment. Sameer Nath, chief investment officer at 360 ONE Asset, said the firm was backing founders developing mission critical capabilities in sensing and autonomy.
Digantara’s core platform combines space based sensors with ground infrastructure to monitor activity across multiple domains. Its planned satellite fleet includes optical and LiDAR based systems for tracking objects in orbit and dedicated platforms designed for early missile warning. These are supported by a growing network of ground sensors that feed data into the company’s analytics software.
The company said its systems are already being used by government and defence customers, although it did not disclose financial details or the size of current contracts.
There is growing investor interest in space surveillance as orbital traffic increases and geopolitical tensions extend into space. Digantara said it expects space based intelligence to become a core element of national infrastructure over the next decade as countries seek greater autonomy over critical security data.
