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    Olee Space Secures USD 3 Mn from Rockstud Capital and Global Investors

    Olee Space Secures $3 Mn from Rockstud Capital & Global Investors


    Finance Outlook India Team | Wednesday, 13 August 2025

    In a major boost to India’s defense and strategic communication capabilities, olee.space, a homegrown pioneer in laser-based communication and photonics defense systems, has secured $3 million in seed funding from leading international and domestic investors.

    Founded by IIT Bombay alumnus James Solomon and engineer Suman Hiremath, olee.space is developing breakthrough technologies in quantum-encrypted laser communications and directed energy weapon (DEW) systems—placing India firmly on the map of next-generation defense and satellite innovation.

    At the heart of  olee.space’s innovation is Free-Space Optical Communication (FSOC) , which uses low-powered infrared laser beams to deliver ultra-fast, secure data links across land, air, sea, and space. These systems provide unmatched speed, reliability, and security—critical for both civilian and defense networks. 

    What makes olee.space’s vision even more compelling is its indigenous DEW platform, under development for anti-drone/UAV and anti-satellite operations. These advanced systems are designed to deliver precision tracking, real-time targeting, and neutralization of aerial threats—forming the backbone of India’s future electronic warfare capabilities.

    “Have always been fascinated by how Lasers function. Working with light gives me happiness and I am here to do as much justice to this domain as any of my able team members. What we do here is rewarding to the country, would continue doing so,” said James Solomon, Founder & CEO.

     “The funding validates our belief that India can lead in photonics and laser-based technologies. We’re building not just for today, but for the future of national security, space, and strategic infrastructure,” said Suman Hiremath, Co-Founder and COO.

    With over five years of dedicated R&D, olee.space has already achieved several field-level deployments and is now poised to scale production, advance its quantum-secure communication protocols, and expand its defense tech roadmap. This also includes venturing deeply into DEW systems for the benefit of the country.

    Also Read: Arintra Secures $21M Series A funding Round from Peak XV Partners

    As India accelerates its space, satellite, and defense ambitions, olee.space stands committed to building sovereign capabilities that align with the country’s long-term vision for Atmanirbhar Bharat in strategic technologies. This includes secure communications and strong defense, both using lasers.

    Abhishek Agarwal, Managing Partner of Rockstud Capital, said, “olee.space is building a future where freedom to communicate thrives under the shield of unbreakable security, and limitless data empowers organizations and individuals. James has a vision to build a self-healing, ultra-high-bandwidth mesh network composed of agile LEO, powerful MEO, and GSO satellites equipped with cutting-edge optical payloads adhering to ESA's ECSS standards. We are truly in awe of the mission, and we are excited to make an impact on our cosmos and on mankind.”

    Source : Press Release


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