Indian satellite startup opens new satellite factory
Capitalism in space: The Indian satellite startup Pixxel has opened a new factory in Bengaluru in southern India, where it expects to ramp up satellite production in the coming years.
Bengaluru-based space data company Pixxel inaugurated its first spacecraft manufacturing facility in Bengaluru on Monday. The new facility holds significance as it targets to launch six satellites this year and 18 more by 2025, further advancing its mission of building a “health monitor” for the planet.
Spread across 30,000 square feet, the facility, at its full capacity, is equipped to handle more than 20 satellites simultaneously that can be turned around within a timeframe of six months, making possible a total of 40 large satellites per year.
The company says that its “…total customer base is divided into three divisions as of now – 40 per cent agriculture, 30 per cent resource companies, and 30 per cent government. Pixxel expects 85 per cent of the revenue to be generated from its commercial side and the rest from the government’s side by 2025.”
For India’s government and its space agency ISRO, Pixxel’s existence signals the sea-change in its policies, similar to what has been happening in the U.S. with NASA. In the past ISRO would have built the satellites. Now it is buying them from the private sector in India. That shift bodes well for India’s space industry, and will likely make it a major player in space in the coming years.
Capitalism in space: The Indian satellite startup Pixxel has opened a new factory in Bengaluru in southern India, where it expects to ramp up satellite production in the coming years.
Bengaluru-based space data company Pixxel inaugurated its first spacecraft manufacturing facility in Bengaluru on Monday. The new facility holds significance as it targets to launch six satellites this year and 18 more by 2025, further advancing its mission of building a “health monitor” for the planet.
Spread across 30,000 square feet, the facility, at its full capacity, is equipped to handle more than 20 satellites simultaneously that can be turned around within a timeframe of six months, making possible a total of 40 large satellites per year.
The company says that its “…total customer base is divided into three divisions as of now – 40 per cent agriculture, 30 per cent resource companies, and 30 per cent government. Pixxel expects 85 per cent of the revenue to be generated from its commercial side and the rest from the government’s side by 2025.”
For India’s government and its space agency ISRO, Pixxel’s existence signals the sea-change in its policies, similar to what has been happening in the U.S. with NASA. In the past ISRO would have built the satellites. Now it is buying them from the private sector in India. That shift bodes well for India’s space industry, and will likely make it a major player in space in the coming years.