Dhruva Space


Dhruva Space Private Limited is an Indian private aerospace manufacturer headquartered in Hyderabad, India. The company is engaged in the development of small satellites in the commercial, governmental and academic markets.[1]

Dhruva Space Private Limited
TypePrivate
IndustryAerospace
Founded2012 (2012)
FounderSanjay Srikanth Nekkanti
HeadquartersHyderabad, Telangana,
India
Key people
Sanjay Srikanth Nekkanti
(CEO)
Abhay Egoor
(CTO)
Krishna Teja Penamakuru
(COO)
Chaitanya Dora Surapureddy
(CFO)
ProductsSmall Satellites, Ground Stations, Satellite Deployers
ServicesFull-Stack Space Engineering, Mission Design and Planning
Number of employees
approximately 40
Websitewww.dhruvaspace.com

In 2014, Dhruva Space signed a deal with AMSAT India to develop HAMSAT-2.[2]

In December 2019, Dhruva Space raised ₹5 crore in funding led by Mumbai Angels Network.[3]

On November 20, 2020, Dhruva Space entered into an MoU with Skyroot Aerospace, an Indian private satellite launch services provider.[4]

In May 2020, Dhruva Space entered into an MoU with Florida-based Sidus Space, to collaborate and catalyse the design, development, and commercialisation of new innovative space technologies and services.[5]

In October 2021, Dhruva Space raised ₹22 crore in funding led by Indian Angel Network (IAN) Fund and Blue Ashva Capital.[6]

On March 16, 2022, Dhruva Space signed a commercial launch services agreement (LSA) with NewSpace India Limited for an in-orbit test of its Dhruva Space Orbit Deployers. These are likely to be used on-board the PSLV and the SSLV.[7][8]

Accolades

In October 2020, Dhruva Space was recognised with a National Startup Award by the Government of India for its efforts in Satellite and Space Technology.[9]

On March 17, 2022, Dhruva Space won the Qualcomm Design for India Challenge 2021 for their Qualcomm-based Module on Ground, a switchable connectivity device that enables uninterrupted connection through cellular (5G) communication and satellite communication.[10] The win includes a ₹65 lakh prize as well as patent-filing incentives, accelerator services, Government interactions, participation at industry events, dedicated engineering support and access to the Qualcomm Innovation Lab.

In April 2022, Dhruva Space was featured in Fortune India magazine's 40 Under 40 annual list.

References
  1. "Dhruva Space". www.dhruvaspace.com.
  2. "HAMSAT II – Dhruva Space and AMSAT India". 3 December 2014.
  3. "Dhruva Space raised collective funding of INR 5 Crores from Mumbai Angels Network & other external Angel Investors". Mumbai Angels Network. 2 December 2019.
  4. Dhruva Space [@DhruvaSpace] (20 November 2020). "Broadening the value of our Space and Launch Services we entered into an MoU with @SkyrootA today, India's very own Private Launch Provider. #NewSpace #Satellite #Launch #NewSpaceIndia #skyroot #DhruvaSpace t.co/cT0aWdX25h" (Tweet). Retrieved 11 January 2021 – via Twitter.
  5. "Sidus Space Partners With Dhruva Space". Sidus Space. 26 May 2020.
  6. "Dhruva Space secures Rs 22 crore funding from IAN, Blue Ashva Capital". Economic Times.
  7. "Dhruva Space signs commercial launch deal". The Hindu. Special Correspondent. 18 March 2022. ISSN 0971-751X. Retrieved 6 April 2022.{{cite news}}: CS1 maint: others (link)
  8. "Dhruva Space". www.dhruvaspace.com. Retrieved 6 April 2022.
  9. "Dhruva Space awarded with 'National Startups Awards'". Deccan Herald. 9 October 2020.
  10. John, Sujit (1 April 2022). "Dhruva space wins Qualcomm Design in India Challenge". Times Techies, Times of India.


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