New Delhi, May 28 -- Orbitt Space, a pioneering Ahmedabad-based spacetech startup founded by former ISRO scientists, has raised $1 million in a pre-seed round led by pi Ventures, with participation from IIMA Ventures. The funding will accelerate the development of an innovative air-breathing electric propulsion system for satellites operating in Ultra Low Earth Orbit (ULEO), a region below 250 km altitude that remains largely untapped.

Founded by Christopher Parmar and Anupam Kumar in early 2025, Orbitt is building next-gen satellite platforms equipped with electric propulsion that uses residual atmospheric gases instead of onboard fuel. This breakthrough could enable 5-7 years of sustainable satellite operations in high-drag ULEO enviro...