Hyderabad-based space tech start-up
@EonSpacelabs has raised $1.2 million in a pre-series A round led by @MKavachh , with HHV Advanced Technologies joining in as a strategic investor. The funding will accelerate the manufacturing of EO/IR payloads, boost engineering talent, and enable the launch of its ultra-lightweight space telescope, MIRA, by end of 2025. Co-founder Sanjay Kumar said, “Together, we will accelerate India’s capabilities in miniaturised optics, high-res imaging, and dual-use payload systems.”
Founded in 2022, EON is preparing to launch four new variants of its LUMIRA imaging systems, targeting up to 85% of the global $11.09B EO/IR market. With applications across Earth observation, border security, and disaster management, the startup’s vertically integrated, AI-powered EO/IR systems are designed for CubeSats, drones, and autonomous swarms. Backing the startup, MGF Kavachh’s Sarjeet Yadav stated, “They are indigenously building and strengthening India’s position in the global optics and surveillance technology space.”
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