Space technology company Digantara has secured $50 million in a Series B funding round to enhance its satellite monitoring capabilities and grow manufacturing and research activities beyond India.

The funding round received support from a blend of local and global investors, such as 360 ONE Asset, Japan’s SBI Investments, and entrepreneur Ronnie Screwvala, alongside current supporters Peak XV Partners and Kalaari Capital.

The financial support arises as governments and defense organizations globally raise expenditures on space-based surveillance systems due to increasing congestion and security threats in orbit.

Established in 2020 by Anirudh Sharma, Digantara, located in Bengaluru and Colorado Springs, creates systems to monitor objects in space and deliver early warning information for national security and commercial users. The firm functions in India, Singapore, and the United States and aims to grow into Europe by the middle of 2026.

Digantara reported that the new capital will be allocated to establish more manufacturing plants for optical systems and satellites, as well as to broaden its global research and development team over the upcoming year. The firm is additionally gearing up to deploy a cluster of space observation satellites and missile detection systems by 2026 and 2027.

Sharma mentioned that the company was expanding its original emphasis on space situational awareness to encompass a wider role in surveillance and intelligence. He mentioned that the funding would assist in operational readiness and global expansion, encompassing programs related to missile detection and tracking.

Investors noted that Digantara's emphasis on creating a unified technology stack was a crucial reason for their investment. Sameer Nath, chief investment officer at 360 ONE Asset, stated that the company was supporting founders creating essential technologies in sensing and autonomy.

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Digantara’s main platform integrates space-based sensors with terrestrial infrastructure to observe activities across various domains. The satellite fleet it plans comprises optical and LiDAR systems for tracking orbital objects and specialized platforms for early missile detection. A growing network of ground sensors backs these, providing data to the company’s analytics software.

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The firm indicated that its systems are already in use by government and defense clients, but it did not reveal financial specifics or the magnitude of existing agreements.

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Investor interest in space surveillance is rising due to the increase in orbital traffic and the extension of geopolitical tensions into outer space.

Digantara anticipates that space-based intelligence will evolve into a fundamental component of national infrastructure within the next ten years as nations pursue increased control over essential security information.