TDB-DST signs agreement with GalaxEye for ₹63.84 crore RDI support to develop next-generation multisensor satellite technology

The Technology Development Board (TDB) under the Department of Science & Technology (DST) has signed an agreement with M/s GalaxEye Space Solutions Private Limited to provide financial support of ₹63.84 crore under the Research Development and Innovation (RDI) Fund. The total approved project cost is ₹247.69 crore and aims to develop a next-generation multisensor satellite capable of high-resolution OptoSAR imaging, combining Synthetic Aperture Radar (SAR) and Electro-Optical (EO) imaging. The project is designed to advance the technology from Technology Readiness Level (TRL)-6 to TRL-9, enabling continuous Earth observation regardless of weather or lighting conditions for applications such as surveillance, target classification, and disaster management.