VyomIC Ventures: Building India's First Private Global Satellite Constellation
VyomIC, a Chennai-based startup with IIT-Madras alumni founders, plans to create India's first private global satellite constellation for precise positioning and navigation. With $1.6 million in pre-seed funding, the startup aims to offer a high-precision PNT system, overcoming limitations of existing GPS and GLONASS technologies.
- Country:
- India
Chennai-based startup VyomIC has announced its ambitious plan to construct India's first private global satellite constellation, aimed at providing high-precision positioning, navigation, and timing (PNT) services. The initiative marks a significant step towards enhancing global navigation systems.
Founded by IIT-Madras alumni, VyomIC has secured $1.6 million in pre-seed funding from notable investors including Speciale Invest, BYT Capital, and DeVC. This injection of capital will propel the development of their Low Earth Orbit (LEO) satellite-based PNT system, focusing on delivering autonomy, security, and precision.
Co-founder Vibhor Jain emphasizes the transformative potential of VyomIC's technology, poised to offer spoofing-proof, jamming-resistant signals with superior precision and coverage. The startup envisions not only advancing navigation in autonomous and defense fields but also unlocking indoor PNT capabilities, thereby addressing a fundamental infrastructure requirement in modern civilization.
(With inputs from agencies.)
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