India Got its Groove Back, Made Progress on Commercializing Space Industry in 2022

When Shri S. Somanath assumed the chairmanship of the Indian Space Research Organisation (ISRO) last January, he took over a space agency that had been hit hard by the COVID-19 pandemic. ISRO conducted only four launches in 2020-21, one of which failed. The pandemic had wrecked an ambitious plan to launch Indian astronauts into orbit before the 75th anniversary of the nation’s independence from Britain in August 2022.

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Pixxel Announces $25M Investment Led By Radical Ventures To Advance The World’s Most Detailed Imaging Satellites for Earth Health Monitoring

PALO ALTO, Calif. & BANGALORE, India (Pixxel PR) — Pixxel, a leader in cutting-edge earth-imaging technology, announced a $25 million Series A led by Radical Ventures, a Toronto-based firm known for investing in entrepreneurs that use artificial intelligence to transform massive industries. Additional participation in Pixxel’s Series A comes from Jordan Noone, Seraphim Space Investment Trust Plc, Lightspeed Partners, Blume Ventures, and Sparta LLC. The new funding enables Pixxel to expedite production of the world’s highest resolution hyperspectral satellite constellation and to offer industry AI-powered insights that discover, solve, and predict climate issues at a fraction of traditional satellite costs.

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