menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

This engin...
source image

Startup Pedia

3w

read

2.5k

img
dot

Image Credit: Startup Pedia

This engineering dropout reached out to ISRO scientists and started a space tech startup that builds satellites – now valued at Rs 100 Cr

  • Manegar Sarmas Vali, inspired by revered Space scientists, founded EtherWing Aerospace in Bengaluru to innovate space technology products and services like launch vehicles, drones, spacecraft, and rockets.
  • Struggling with language barriers in college, Manegar persevered, dropped out, and focused on building his startup, initially facing challenges in seeking support for cube satellites manufacturing.
  • Forming a community of tech experts and meeting ISRO scientists, he established EtherWing Aerospace in 2024 with seed funding and loans, later involving retired ISRO and DRDO professionals as advisors.
  • With support from the Minister of Civil Aviation and the Andhra Pradesh government, EtherWing Aerospace received projects to build commercial cube satellites, marking its growth and partnerships with aerospace firms.
  • Valued at Rs 100 crore, EtherWing Aerospace focuses on space technology innovations, partnering with a Germany-based aerospace giant for electronic systems development, showcasing its growth and commitment to India's aerospace industry.

Read Full Article

like

3 Likes

For uninterrupted reading, download the app