Bangalore-based space startup Digantara has secured $50 million in a Series B funding round to advance its space-based missile defense technology and expand its global footprint. The funding will be used to expand operations beyond India and the U.S., establish new satellite manufacturing facilities, and double its research and development teams.

The Series B round saw participation from new strategic and financial investors, including 360 ONE Asset, SBI Investment Co Japan, and Ronnie Screwvala, along with continued investment from existing investors Peak XV Partners and Kalaari Capital.

Digantara specializes in space surveillance and intelligence, working closely with the defense sectors in both India and the United States to monitor space debris and track missiles. Anirudh Sharma, co-founder and CEO of Digantara, stated that the funding will accelerate the company's path to operational readiness and drive new programs in missile warning, tracking, and space-based interceptors. He emphasized the importance of space as "the new high ground for national security," where sensing, automation, and latency are critical.

With current operations in India, Singapore, and the United States, Digantara plans to expand into Europe by mid-2026. The company operates 'SCOT', a commercial space-surveillance satellite launched in January 2025, and intends to deploy a constellation of 15 such satellites in 2026-27. Digantara also plans to launch two Albatross satellites for early missile warnings. In early 2025, Digantara partnered with Ariane Group to develop a comprehensive space traffic management system.

India's defense-tech startup scene is currently thriving. Venture capital firms and newly established billionaires are increasingly looking beyond consumer applications and considering investments in the defense technology sector. These firms have greatly benefited from the Indian government's initiatives to promote indigenization.