Chennai, Dec. 11 -- The Bengaluru-based Indian space startup Grahaa Space, which is expected to see its maiden nano satellite Solaras S2 in orbit this month, is planning to raise about Rs 22 crore for its future needs, said a top company official.
The company plans to have a constellation of nano satellites.
Grahaa Space will be launching its Solaras S2 satellite on a South Korean rocket Hanbit-Nano from Alcantara Space Centre (CEA) in Brazil soon.
"Grahaa Space is currently looking to raise USD 2.5 million or about Rs 22 crores to be utilised for upcoming missions, expanding its team, and setting up a production facility," Ramesh Kumar V, Founder and CEO, said.
Kumar, formerly with IBM, said Grahaa Space was incorporated in 2021 by him...