Digantara plans to invest between $10-15 Mn to set up a spacecraft manufacturing and space optics facility in Colorado, with the state pledging $1 Mn in incentives
The expansion follows the launch of SCOT satellite and comes with multiple US Department of Defense contracts, including with Air Force and Space Force
The spacetech startup aims to achieve $25-30 Mn in revenue over next two years through government contracts and defence deals in both US and Indian markets
Expanding its footprint in the US, Bengaluru-based spacetech startup Digantara is looking to invest $10-15 Mn over the next six to eight months to build a dedicated spacecraft manufacturing and space optics production centre in Colorado.
The State of Colorado has pledged close to $1 Mn in operational incentives to accelerate Digantara’s expansion into the US.
“Our expansion into the US reinforces our commitment to advancing space surveillance and intelligence globally. As space…