In a funding round co-led by GrowX Ventures and InfoEdge Ventures, space-tech startup Ulook has raised Rs 19 crore, or roughly $2.3 million.
Key Highlights
- Space-tech startup Ulook raises ₹19 crore in a funding round led by growX Ventures and InfoEdge Ventures.
- Ulook develops autonomous satellite swarms for RF sensing and spectrum awareness, targeting defence and infrastructure clients.
Ulook creates self-governing satellite swarms for spectrum awareness and radio-frequency (RF) sensing. The technology makes it possible to track, identify, and analyze activities on the surface of the Earth as well as in disputed areas where conventional optical or radar techniques might not work well.
Its RF-sensing platform capabilities will be expanded, its satellite and sensor development will continue, and its go-to-market activities for data intelligence services will be expedited using the proceeds.
Particularly in the fields of sensor innovation, satellite deployment, and data-as-a-service models, Ulook faces competition from other space-tech and earth-observation companies like Pixxel, Satsure, Astrome, and Skyroot Aerospace.
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In the next twelve to eighteen months, Ulook hopes to launch its first satellite swarms. The business intends to provide services to customers in important industries such national spectrum management, infrastructure monitoring, security, defense, and telecommunications. In order to meet India's increasing need for safe, real-time data and communication solutions across vital industries, this deployment represents a significant step toward the development of sophisticated, scalable satellite networks.
