Infosys, GalaxEye
Infosys steps into space tech sector with investment in Bengaluru-based startup GalaxEye
Infosys has announced an investment of Rs 17 crore in GalaxEye, a Bengaluru-based spacetech startup. The investment aims to develop multi-sensor satellites for various industries.
Infosys To Acquire Up To 20% Stake In Space-Tech Startup GalaxEye
Infosys Ltd. announced on Thursday that it would acquire up to a 20% stake in GalaxEye, a space-tech startup that builds multi-sensor satellites. The stake will be acquired for Rs 17 crore and the transaction is expected to be completed by Sept.
How will Infosys boost space technology growth with Rs 17 crore investment in GalaxEye?
Founded at IIT Madras and headquartered in Bengaluru, GalaxEye is developing multi-sensor satellites and a synchronization platform that produces high-resolution, all-weather datasets.
Infosys Invests Rs 17 Cr in Space Tech Startup GalaxEye
Infosys invests up to Rs 17 crore in GalaxEye Space Solutions, a space tech startup, through its Innovation Fund. The investment will support GalaxEye's development of multi-sensor satellites and data platforms for various industries.
Infosys to invest ₹17 crore in SpaceTech start-up GalaxEye
Infosys invests $2 million in Bengaluru-based SpaceTech start-up GalaxEye Space Solutions for innovative satellite technology.
Infosys to invest Rs 17 crore in IIT M-incubated spacetech startup GalaxEye
The cash investment will involve Infosys picking up a minority stake, less than 20%, as part of the series A round to pick up equity and compulsory convertible preference shares.
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