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Space start-up plans to build Indias first private GPS constellation
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New Delhi, Sep 23 (PTI) A Chennai-based start-up VyomIC on Tuesday said they are planning to build India’s first private global satellite constellation to provide high-precision positioning, navigation and timing (PNT) services.
The start-up, founded by alumni of IIT-Madras, has raised USD 1.6 million in pre-seed funding as the first step towards realising their dream of putting in low earth orbit (LEO) satellites for providing PNT services.
The pre-seed round for VyomIC was led by Speciale Invest, with participation from BYT Capital and DeVC.
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