EON Space Labs Secures $1.2 Million for AI-Driven Imaging Technologies
EON Space Labs, a deeptech startup based in Hyderabad, specialising in imaging technologies, has successfully secured $1.2 million (approximately Rs 10.5 crore) in a pre-Series A funding round. The funding was led by MGF Kavachh, with contributions from HHV Advanced Technologies.
The funds will be utilised to enhance the manufacturing of its AI-driven electro-optical and infrared payloads, expand the engineering team, and facilitate upcoming product launches, as indicated in a press release from EON.
Established in 2022 by Sanjay Kumar, Punit Badeka, and Manoj Kumar Gaddam, EON Space Labs is an incubation success from IIT Madras, focusing on developing next-generation Earth Observation (EO) imaging payloads for satellites, drones, and ground systems. The startup excels in designing and manufacturing miniaturised, high-resolution electro-optic and infrared (EO/IR) systems that are up to three times lighter and more compact than traditional payloads. This innovation not only reduces deployment costs but also maintains exceptional image quality.
EON Space Labs’ Innovative Product Line
The flagship products of EON, including the MIRA space telescope, which is currently under validation, and the LUMIRA EO/IR platform, certified to military standards, exemplify a vertically integrated production model. This model spans optical design, in-house prototyping, and manufacturing, ensuring speed, precision, and oversight throughout the entire value chain.
Global Partnerships and Future Innovations
In addition to its domestic ventures, EON Space Labs is actively forging global partnerships to access international markets. Several commercial orders have already been secured after successful proof of concept demonstrations. The startup also plans to introduce four new variants of its LUMIRA EO/IR imaging systems, specifically designed for long-range detection of humans, vehicles, threats, and UAVs via drone and ground-based surveillance platforms.