GALAXEYE SPACE SOLUTIONS PRIVATE LIMITED
₹4,25,000▲30.77%(100000.00)
About the company
GalaxEye Space Solutions Private Limited is an Indian space-tech and Earth observation company developing advanced satellite imaging solutions for defence, infrastructure, agriculture, disaster management and other commercial applications. Founded in 2021 by a team of IIT Madras alumni, the Bengaluru-based company is focused on combining multiple satellite sensors to deliver high-resolution, analysis-ready Earth observation data.
GalaxEye's technology platform is built around OptoSAR, which combines Synthetic Aperture Radar (SAR) and optical/multispectral imaging on a single satellite platform. This approach is designed to provide Earth observation capabilities across different weather and lighting conditions, addressing limitations associated with relying on optical imagery alone.
What Does GalaxEye Space Solutions Do?
GalaxEye operates in the space technology, satellite imaging and geospatial intelligence segment. Its business focuses on developing satellites and commercialising the data generated from them.
Its key areas include:
Satellite-based Earth observation
Synthetic Aperture Radar (SAR)
Optical and multispectral imaging
OptoSAR technology
Geospatial datasets
Satellite imagery
Defence and surveillance applications
Infrastructure monitoring
Agriculture and environmental monitoring
Disaster management
Energy, mining and insurance applications
The company's flagship OptoSAR technology is designed to combine radar and optical information, potentially enabling more continuous Earth observation than conventional optical-only satellite systems.
GalaxEye OptoSAR Technology
OptoSAR is one of the key differentiators of GalaxEye Space Solutions. The technology combines SAR and electro-optical/multispectral imaging, allowing complementary datasets to be generated from the same satellite platform.
Optical imaging can provide detailed visual information but can be affected by cloud cover and the availability of daylight. SAR technology can operate during both day and night and can image through cloud cover. GalaxEye's approach is intended to combine these capabilities to produce richer and more reliable Earth observation data.
Mission Drishti
GalaxEye's flagship satellite programme is Mission Drishti, developed around its OptoSAR technology. The company's stated objective is to develop a satellite constellation capable of delivering high-resolution Earth observation data for commercial and strategic applications.
The reference page describes a planned constellation of multiple satellites, with next-generation satellites targeting higher resolution capabilities.
GalaxEye Business Model
The GalaxEye business model is primarily focused on commercialising satellite imagery, geospatial datasets and derived intelligence rather than selling satellites directly to consumers.
Potential revenue streams include:
Satellite imagery
Earth observation datasets
Data subscriptions
Custom analytics
Geospatial intelligence
Government and defence contracts
Enterprise data solutions
Mission-specific satellite data services
GalaxEye has also entered into a channel partnership with NewSpace India Limited (NSIL) for marketing/reselling its OptoSAR satellite data, expanding the company's potential route to market.
GalaxEye Space Solutions – Latest Technology Development
A major recent development came in September 2026, when India's Technology Development Board (TDB) signed an agreement with GalaxEye for ₹63.84 crore of financial support under the Research Development and Innovation Fund.
The project has an approved total cost of ₹247.69 crore and aims to develop a next-generation multisensor satellite capable of sub-0.5 metre OptoSAR imaging, taking the technology from TRL-6 towards TRL-9. The proposed applications include surveillance, human and vehicle detection and target classification.
GalaxEye has also secured a U.S. patent related to its satellite imaging technology that synchronises optical and radar sensors, further strengthening its technology portfolio.
Fundamentals
Valuation
Registry
| Metric | Value |
|---|---|
| PAN number | AAJCG0401B |
| ISIN number | INE11LE01015 |
Figures in lk ·
Financials
| P&L Statement | 2025Latest | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Revenue | 92.4 | 2.6 | 0 | 0 |
| EBITDA | -1,062 | -662.8 | -354.2 | -27.1 |
| OPM | -1,149.57 | -25493.08 | - | - |
| PBT | -957 | -646 | -356.8 | -27.8 |
| PAT | -957 | -645.7 | -356.64 | -27.82 |
| EPS | -38.94 | -26.34 | -14.55 | -1.14 |
Shareholding Pattern
| Holder | Percentage |
|---|---|
| Suyash Singh | 28.06% |
| Denil Chawda | 24.44% |
| Rakshit Bhatt | 12.67% |
| Kishan Thakkar | 12.67% |
| Pranit Mehta | 12.67% |
| Others | 9.49% |
Leadership
Frequently asked questions
Common questions on GALAXEYE SPACE SOLUTIONS PRIVATE LIMITED—tap a row to read the answer.
Q.1What is GalaxEye Space Solutions Private Limited?
GalaxEye Space Solutions Private Limited is an Indian space-tech and satellite Earth observation company founded in 2021 by IIT Madras alumni. The company is developing multisensor satellite technology combining radar and optical imaging for commercial and strategic applications.
Q.2What does GalaxEye Space Solutions do?
GalaxEye develops satellite imaging and Earth observation technology, with a focus on its OptoSAR platform. Its technology is designed to combine Synthetic Aperture Radar (SAR) with optical/multispectral imaging for applications including defence, infrastructure, agriculture and disaster management.
Q.3What is GalaxEye OptoSAR technology?
GalaxEye OptoSAR combines Synthetic Aperture Radar and optical imaging on a satellite platform. The objective is to provide complementary Earth observation data across different weather and lighting conditions.
Q.4What is Mission Drishti by GalaxEye?
Mission Drishti is GalaxEye's flagship satellite programme focused on deploying its OptoSAR Earth observation technology. The programme is intended to support high-resolution satellite imagery and geospatial intelligence applications.
Q.5What is the lot size of GalaxEye unlisted shares?
The displayed GalaxEye unlisted share lot size is 50 shares. At an indicative price of ₹4,25,000 per share, the indicative value of 50 shares would be approximately ₹2.125 crore, before applicable transaction costs.
Q.6What is the ISIN of GalaxEye Space Solutions?
The GalaxEye Space Solutions ISIN is INE11LE01015 and the face value of the equity shares is ₹10 per share.
Q.7Is GalaxEye Space Solutions listed on NSE or BSE?
No. GalaxEye Space Solutions is currently an unlisted company, so its shares do not have regular NSE/BSE exchange trading.
Q.8What are the latest GalaxEye financials?
The latest financial data displayed on the reference page shows FY25 revenue of ₹92.4 lakh, while EBITDA and PAT remained negative at approximately ₹10.62 crore and ₹9.57 crore respectively. The financial profile reflects the company's early-stage, investment-heavy business model.
Q.9Who founded GalaxEye Space Solutions?
GalaxEye was founded in 2021 by Suyash Singh, Denil Chawda, Pranit Mehta, Kishan Thakkar and Rakshit Bhatt, who are associated with IIT Madras and the company's founding team.
Q.10Does GalaxEye Space Solutions have an IPO?
GalaxEye is currently an unlisted space-tech company. Investors should not assume that an IPO is confirmed unless the company or relevant regulatory authorities formally disclose an IPO process, DRHP or listing proposal.
Q.11Is GalaxEye a pre-IPO share?
GalaxEye can be considered an unlisted share opportunity, but “pre-IPO” should be used cautiously unless there is a formally announced IPO process. Buying GalaxEye unlisted shares does not guarantee a future IPO or stock-exchange listing.
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