XDLINX Space Labs, a pioneering firm in the space technology sector, has successfully raised $7 million in a seed funding round led by Ashish Kacholia of Lucky Investments. Other notable participants in this round include E2MC, Mana Ventures, and a confidential family office.
The funding will be instrumental for the Hyderabad-based startup as it aims to accelerate the development of advanced payloads intended for both commercial and defense applications. This includes enhancements in optical and RF intelligence, E-band communications, and the rollout of their satellite bus platform. Moreover, XDLINX plans to expand its footprint in international markets, specifically in the United States and the United Kingdom.
Founded in 2022, XDLINX Space Labs is on a mission to democratize access to cutting-edge satellite technology and transform space missions for a wider array of clients.
A significant milestone was achieved with the successful launch of JANUS-1, a software-defined 6U nanosatellite that demonstrated the company’s multi-tenancy payload capabilities. Launched on February 10, 2023, via ISRO’s SSLV-D2 rocket, the nanosatellite was developed in an impressive timeframe of just 10 months.
Currently, XDLINX Space Labs is gearing up for its next ambitious project, Elevation-1, which will feature a miniaturized, space-grade E-band payload designed for deployment on SpaceX’s Transporter-12 mission.