Bengaluru-based spacetech startup SatSure has announced an investment plan of $35 million for launching four earth imaging satellites by 2025. Founded in 2017 by former ISRO scientists Prateep Basu, Rashmit Singh Sukhmani, and spacetech entrepreneur Abhishek Raju, SatSure offers high-resolution optical and multispectral data for various applications, including risk management, crop insurance, agriculture, and credit assessment.
Previously relying on third-party satellite imagery, SatSure established a subsidiary called KaleidEO last year for backward integration. KaleidEO’s satellites offer 65 km coverage with one-meter resolution and onboard edge processing capabilities, allowing data customization to meet customer needs.
SatSure’s immediate focus is on addressing national security and disaster management needs in India. The startup has formed partnerships with organizations specializing in hardware development for its satellite project, and the launch of these satellites is scheduled for November 2025.
With $20 million in funding to date, half of the funds are allocated to satellite fleet development, while the rest is for geographical expansion, product development, and overall growth.
AFI
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