Digantara To Invest Up To $15 Mn For Building Spacecraft Manufacturing Unit In US

SUMMARY

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…

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