Technology
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Kepler Aerospace raises $8 million for ISR satellites
The Hindu BusinessLine··2 Sept
Kepler Aerospace raised $8 million in a seed round led by Blue Ashva Capital. Finvolve India Accelerator and other investors co-led. Funds will launch its first six swarming ISR satellites, the company said. Former ISRO professionals Navneet Singh and Kiran Sharma founded the firm in 2018. Kepler said it holds two IDEX contracts backed by about $4 million in grants.
Prism
What It Means For You
- Defence and commercial customers are the stated buyers for Kepler's ISR satellite stack.
- The firm says it already runs more than 70 ground stations for mission operations.
- Seed funding is earmarked for the first six-satellite swarm and related services.
What's Happening
- Blue Ashva Capital led the $8 million seed round with Finvolve India Accelerator as co-lead.
- Kepler will use the money for swarming ISR launches plus mission and avionics services.
- The company cites two IDEX prime contracts supported by roughly $4 million in grants.
Who Built The Company
- Singh and Sharma met at ISRO and founded Kepler Aerospace in 2018.
- Sharma worked on a lunar nano-rover project at Delft University of Technology.
- Singh was a founding member of ISRO's Indian nanosatellite programme.
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