XDLINX: India-Based Satellite Platform Company Raises $7 Million (Seed)

By Amit Chowdhry ● Oct 19, 2024

Indian space-tech company XDLINX Space Labs is transforming the global space industry through its ready-to-launch satellite platforms. The company recently raised $7 million in seed funding to accelerate the manufacturing of next-generation payloads. This funding round was led by Ashish Kacholia of Lucky Investments, with additional backing from E2MC, Mana Ventures,and a prominent family office.

The company provides spacecraft Platforms and Payload technology for Commercial and Defence ISR Space Missions. It offers full-stack ISR capabilities with both optical and signal intelligence.

Launched in 2022 in Hyderabad, XDLINX Space Labs began with a bold vision to redefine space missions and make innovative satellite technology accessible to a broader range of clients. The company’s first major milestone came with the successful launch of JANUS-1, a software-defined 6U Nanosat to demonstrate multi-tenancy payload capabilities. It was developed in a record time of just 10 months and launched aboard ISRO’s SSLV-D2 rocket on February 10, 2023, significantly reducing the cost and time to space compared to other traditional satellites.

The company is now preparing for the launch of its next major project, Elevation-1. This project will feature the world’s first miniaturized space-grade E-band payload, developed and scheduled to launch aboard SpaceX’s Transporter-12 mission. Elevation-1 is the first commercial mission designed to demonstrate E-band communications with digital modulation, and the company has a defined long-term roadmap for achieving data rates exceeding 10 Gbps.

Plus, XDLINX Space Labs is developing the 150KG class satellite hosting Synthetic Aperture Radar (SAR) and Multi-Spectral optical sensors together using the XDSAT-M600 platform for its customers scheduled to be launched in Q3-2025. The company is in final discussions with its customers to build and launch a sub-meter multi-spectral imagery satellite constellation and has also signed MOUs with leading space companies globally, laying the groundwork for continued collaboration and development.

KEY QUOTES:

“We are thrilled and excited to accelerate the manufacturing of next-generation payloads for defense and commercial missions like E-band communications, Optical and RF intelligence to build space heritage, operationalize satellite bus platforms, and expand our global presence. We envision a future where space becomes more accessible by building cost-effective satellites using 75% indigenous subsystems. We look forward to contributing in India’s growing role in global space race.”

-Rupesh Gandupalli, CEO & Co-Founder, XDLINX Space Labs

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