SatSure, Dhruva ink pact for end-to-end Earth observation-as-a-Service
BENGALURU: Bengaluru-based Earth observation and decision intelligence firm SatSure has entered into a strategic partnership with Hyderabad-headquartered startup Dhruva Space to offer fully-managed Earth Observation-as-a-Service (EOaaS) solutions.
The solutions will be completely managed — from satellite design and launch to data analysis and delivery of sector-specific insights.
The tie-up comes on the back of key advancements by both firms. SatSure's subsidiary KaleidEO recently completed successful qualification of its sub-metre resolution optical and multi-spectral Earth observation payloads, while Dhruva Space has invested in building India's largest private satellite integration and testing facility, a 2.8-lakk-sq ft campus.
The new MoU envisions the integration of their complementary capabilities to cater to both strategic and commercial clients, using indigenously developed, high-reliability technologies. The alliance will combine KaleidEO's data analytics strengths with Dhruva's proven expertise in small satellite platforms, systems integration, and launch support to deliver one-stop EO solutions.
The EOaaS offering from this partnership is expected to enhance access to high-quality, analysis-ready Earth observation data, with applications ranging from disaster response and agricultural intelligence to climate monitoring and urban planning.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Trade Bitcoin & Ethereum – No Wallet Needed!
IC Markets
Start Now
Undo
By pooling resources and infrastructure, the two firms aim to make sovereign, cost-effective and timely EO solutions.
SatSure founder & CEO Prateep Basu said the partnership reflects the power of Indian innovation and will significantly enhance their ability to offer sovereign Earth observation services.
Echoing his views, Dhruva Space founder and CEO Sanjay Nekkanti, said: 'By uniting our capabilities — from satellite platform development to launch integration and ground support — with KaleidEO's advanced payloads and analytics, we can drastically reduce mission timelines and offer actionable intelligence for critical use cases across sectors.'
SatSure, founded in 2017, has built a reputation for delivering decision intelligence by combining geospatial data with artificial intelligence. Its products are used globally in sectors such as agriculture, finance, energy, aviation, and utilities. The firm spun out KaleidEO in 2022 to focus on high-resolution EO payloads.
Dhruva, established in 2012, has grown into a vertically integrated space engineering player supporting both civilian and defence clients. Its new facility will support end-to-end satellite manufacturing, from design and engineering to integration and testing, for spacecraft weighing up to 500 kg.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mint
27 minutes ago
- Mint
Saraswat Co-operative Bank to acquire fraud-hit New India Co-operative Bank
Saraswat Co-operative Bank Ltd (SCBL) on Tuesday said it will acquire the beleaguered New India Co-operative Bank Ltd (NICBL), in a relief to depositors who were unable to fully access their funds after the central bank imposed restrictions following a ₹ 122-crore scam. The Reserve Bank of India has given its in-principle approval after Saraswat Bank approached the central bank with its proposal for amalgamation, and a final nod will depend on the shareholders of both the banks. Following the merger, Saraswat Bank will take over all assets and liabilities of New India Co-operative Bank, and the interests of depositors will be fully protected, its chairman Gautam E. Thakur said at a press conference in Mumbai. The merger of the entities is expected to happen in August-September and the turnaround of the fraud-hit bank might take one-two years, Thakur said. Due diligence has been conducted and a special audit is being conducted for the merger. The bank is working with the Economic Offences Wing (EOW) and other law enforcement agencies to ensure fairness and accountability, he added. Mint earlier reported that the Reserve Bank of India in February allowed depositors to withdraw up to ₹ 25,000 from New India Co-operative Bank, after superseding the board of the Mumbai-based New India Co-operative Bank due to poor governance standards and irregularities in its lending business. A former general manager of the bank, Hitesh Pravinchand Mehta, was allegedly involved in siphoning ₹ 122 crore from the lender. He was later arrested. NICBL has recorded a negative net worth of ₹ 102.74 crore for FY25. It reported a total business of ₹ 3,560.52 crore, which includes deposits of ₹ 2,397.85 crore and advances of ₹ 1,162.67 crore. NICBL has around 200 employees currently and 90 employees have resigned after the scam. Saraswat Bank has reported a total business of ₹ 91,814 crore as on 31 March 2025, including deposits of ₹ 55,481 crore and advances of ₹ 36,333 crore. The bank reported a net profit of ₹ 518.25 crore in FY25. It has maintained gross NPAs at 2.25% and net NPAs at zero for the third consecutive year. The capital to risk-weighted assets ratio (CRAR) of the bank stands at 17.43% Saraswat Bank, India's largest urban co-operative bank, has acquired more than seven financially weak co-operative banks over the past few years, rescuing over 800,000 depositors. Saraswat Bank has helped troubled depositors without any haircut, ensuring full protection of interest of depositors, Thakur said. After the acquisitions, the combined business of these seven weak banks has grown from ₹ 1,900 crore to ₹ 9,200 crore in five years.
Time of India
40 minutes ago
- Time of India
Cryptocurrency market today: Bitcoin holds near $107k amid tariff caution, Altcoins see mixed moves
The cryptocurrency market traded largely lower on Tuesday, with Bitcoin hovering just under $107,000 as investors stayed cautious ahead of the July 9 US tariff decision. As of 11:50 am IST, Bitcoin was down 1.2% at $106,984 after touching an intraday high of $108,317. Tired of too many ads? go ad free now Ethereum declined 1.7% to $2,460. The global crypto market capitalisation fell 1.12% to $3.3 trillion, according to CoinMarketCap. Altcoin performance was mixed. XRP, Solana, Tron, and Monero gained up to 1.5%, while BNB, Dogecoin, Cardano, Hyperliquid, Chainlink, Avalanche, Litecoin, and Shiba Inu dropped as much as 5.5%, according to an ET report. "Bitcoin is holding steady around $107,000 as traders weigh the upcoming July 9 US tariff decision," said Vikram Subburaj, CEO of Giottus. "Despite the cautious undertone, derivatives activity suggests underlying bullish pressure. Perpetual funding rates have flipped positive across major exchanges, indicating a build-up in leveraged longs." Liquidity data shows a cluster of short positions near $107,500, seen as a key inflection point. A breach could trigger a squeeze toward $111,000. Riya Sehgal, Research Analyst at Delta Exchange, noted signs of short-term weakness despite Bitcoin recently closing its highest monthly candle ever. "The price structure has turned fragile post-June 30, with lower highs and lows, and it's now trading below its 21- and 51-day simple moving averages. The $108,000 breakout attempt failed, with immediate support seen at $106,800–$106,500," she said, as quoted ET. Ethereum hovered near its 21-day SMA. A drop below the 51-day SMA at $2,466 could indicate further consolidation. Still, investor confidence appeared strong. Tired of too many ads? go ad free now On June 30, Bitcoin saw inflows of $102 million, with BlackRock purchasing 1,040 BTC. Ethereum added $31.8 million in inflows, with Bloomberg assigning 95% approval odds for ETFs linked to XRP, Solana, and Litecoin. "Bitcoin's current consolidation near $107,000 reflects a recovery from recent dips below $100,000, supported by institutional demand and whale accumulation," said Sathvik Vishwanath, Co-Founder and CEO of Unocoin. 'A decisive breakout above $110,000–112,000 could propel BTC toward $125,000. Failure to break out might lead to a retest of the $100,000 mark.' He added that ETF inflows and expectations of US Fed rate cuts are driving long-term bullish sentiment, though geopolitical risks and short-term volatility remain concerns. The CoinDCX Research Team said Bitcoin continues to consolidate below resistance with rising bearish pressure, while Ethereum is losing momentum. "However, altcoins like XRP, BNB, SOL, and TRX are showing relative strength," the team noted. Bitcoin Cash and Algorand rose over 4%, while Pudgy Penguins and Four gained 3.3% and 2%, respectively. On the downside, SPX6900 dropped over 11%, Maple Finance fell 9.4%, and DeXe slid 8.5%. Despite the correction, trading volumes were elevated—up nearly 20%. Among major developments, American Bitcoin Corp., backed by Donald Trump's sons and mining firm Hut 8, raised $215 million to acquire more Bitcoin. Germany's Sparkassen group announced plans to launch crypto trading for retail investors by mid-2026. The US SEC recently acknowledged an amendment to Grayscale Digital's large-cap fund ETF conversion. Bloomberg also reported increasing odds of ETF approvals for spot XRP, SOL, and LTC. (Disclaimer: Recommendations and views on the stock market and other asset classes given by experts are their own. These opinions do not represent the views of The Times of India)
The Print
41 minutes ago
- The Print
Laxmi Group acquires majority stake in UK-based Brew Tea Co
Co-founders Phil and Aideen Kirby will retain a 20 per cent stake and will continue to lead Brew Tea Co as part of the partnership. Founded in Manchester by Phil and Aideen Kirby, Brew Tea Co has grown into one of the UK's leading specialty tea brands. Its subscription service, delivering 500 g of loose leaf or proper tea bags on a regular basis, now reaches nearly 10,000 homes across the UK, a statement by Luxmi Group said. Kolkata, Jul 1 (PTI) Kolkata-based Luxmi Group, which owns the iconic Makaibari Darjeeling brand, on Tuesday announced that it has acquired a majority stake in UK-based Brew Tea Co, a fast-growing firm which focuses on whole-leaf teas and is known for ethical sourcing and its innovative direct-to-consumer model. 'Their vision, hands-on leadership, and deep focus on quality remain central to Brew Tea's growing success,' the statement said. 'We're excited that with Luxmi, we can now take that same customer promise even further, with even better access to exceptional teas,' the co-founders said as quoted. Luxmi Group brings over 100 years of expertise from its estates in Assam, Darjeeling, and Rwanda, known for ethical cultivation, premium leaves, and community development. 'By way of this partnership, Luxmi and Brew Tea Co shall create a rare and complete farm-to-cup model', Luxmi Group MD Rudra Chatterjee said. 'As India celebrates its bicentennial of tea, grown first in Assam, we are honoured to help bring the traditional craft that made Indian tea world-famous back into global focus,' says Chatterjee. PTI dc NN This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
