Pixxel Space Technologies, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Pixxel Space Technologies, Inc. - overview
Established
2019
Location
Bangalore, Karnataka, India
Primary Industry
Aerospace
About
Based in Karnataka, India, Pixxel Space Technologies, Inc. is an Earth observation technology company was Co- founded in 2019 by Awais Ahmed (CEO) and Kshitij Khandelwal. The company provides hyperspectral imaging and satellite-based Earth observation solutions through its Fireflies satellite constellation and Aurora Earth observation platform. Its offerings support applications in agriculture, energy, forestry, mining, environmental monitoring, and government sectors by providing satellite imagery and geospatial data analytics.
In September 2026, Pixxel Space Technologies, Inc. raised USD 100 million in Series C funding from Temasek ,Seraphim, 360 ONE Asset, IMM Investment, Radical Ventures, GrowX ventures to support the expansion of its satellite and Earth observation operations. The company plans to use the funding to support the expansion of its hyperspectral satellite constellation and Earth observation capabilities.
Current Investors
Techstars , GrowX Ventures, Creative Destruction Lab
Primary Industry
Aerospace
Sub Industries
Aerospace, Scientific Software, Analytics & Performance Software
Website
www.pixxel.space
Verticals
Artificial Intelligence, Big Data, Manufacturing
Company Stage
Series C
Total Amount Raised
Subscriber access only
Pixxel Space Technologies, Inc. - timeline of key events
Pixxel Space Technologies, Inc. - financials
| Fiscal Year Ended | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|
| Revenue (USD) | 15,304,815 | 76,304,993 | - | - | - |
| % Revenue Growth (YoY) | - | 398.6% | - | - | - |
| EBITDA (USD) | 1,322,272 | 11,234,640 | - | - | - |
| Operating Income (USD) | 1,290,206 | 10,211,457 | - | - | - |
| Operating Margin | 8.4% | 13.4% | - | - | - |
| % EBITDA Margin | 8.6% | 14.7% | - | - | - |
| NET Income (USD) | 646,091 | 8,070,645 | - | - | - |
| % Net Margin | 4.2% | 10.6% | - | - | - |
Pixxel Space Technologies, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series C | Completed | Pixxel Space Technologies, Inc. | - | ||||||||
| Series B | Completed | Pixxel Space Technologies, Inc. | - | ||||||||
| Series B | Completed | Pixxel Space Technologies, Inc. | - | ||||||||
| Series B | Completed | Pixxel Space Technologies, Inc. | - | ||||||||
| Unspecified Round | Completed | Pixxel Space Technologies, Inc. | - |
Displaying 1 - 5 of 12
Pixxel Space Technologies, Inc. - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.