🚀 Orbitt Space Secures $1 Million to Propel Ultra-Low Earth Orbit Innovation
India’s space-tech frontier is gaining powerful momentum. In an extraordinary step forward, Orbitt Space, a startup launched by former ISRO scientists Christopher Parmar and Anupam Kumar, has raised $1 million in a pre-seed funding round led by Pi Ventures, with support from IIMA Ventures.
This funding fuels a bold mission — transforming how satellites operate in Ultra-Low Earth Orbit (ULEO) and shaping the future of space exploration and satellite communication.
🌌 Pioneering the Final Frontier
Orbitt Space is pioneering innovations in electric propulsion systems and avionics specifically designed for ULEO satellites — orbiting at altitudes below 250 km. These lower orbits offer high-resolution imaging and lower latency but come with major technical challenges like high drag and limited onboard fuel capacity.
Here’s where Orbitt changes the game — their propulsion system harnesses residual atmospheric gases as fuel, making satellites lighter, more efficient, and capable of longer missions without needing stored propellant. It’s not just revolutionary — it’s game-changing.
🛰️ Smarter Satellites. Leaner Operations.
Orbitt’s tech aims to:
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🚀 Improve satellite maneuverability
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🔄 Cut down operational costs
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🌍 Enhance earth observation and communication capabilities
By solving the growing congestion in low-earth orbit and reducing launch payloads, Orbitt is positioning itself as a core player in next-generation satellite deployments.
💡 Dhantax’s Perspective: Precision Beyond the Planet
The success of Orbitt Space reflects the incredible potential in India’s aerospace innovation sector. But with cutting-edge tech comes complex regulation, financial structuring, and investor scrutiny.
At Dhantax, we are committed to supporting space-tech and deep-tech startups like Orbitt through:
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Regulatory Compliance
Navigating aerospace laws and tax regimes with clarity and confidence. -
Financial Structuring
Designing robust frameworks for investment, valuation, and capital efficiency. -
Strategic Advisory
Guiding startups through funding rounds, cap table management, and investor relations.
🌠 Lift Off with Dhantax
Launching into space isn’t just about propulsion — it’s about precision. And when it comes to precision in finance, tax, and compliance, Dhantax has your launch pad ready.
Explore more at www.dhantax.com — and partner with a team that understands the language of innovation, regulation, and growth. Let’s take your mission to new heights.
