Highlights
Aerospace and Defence Tech Startup Constelli Secures $3 Million in Pre-Series A Funding
Aerospace and defence technology startup Constelli has successfully raised $3 million in its pre-Series A funding round, which was led by Pravega Ventures. This marks the company’s inaugural institutional funding round.
The funds will be allocated towards capital expenditure and the research and development (R&D) of innovative products, as stated by Constelli in their press release.
Founded in 2017 by Satya Gopal Panigrahi and Avinash Chenreddy, Constelli focuses on creating advanced signal processing solutions and tools that improve the design, development, and testing of essential aerospace and defence systems.
Innovative Solutions and Technologies
Based in Hyderabad, Constelli utilises modern technologies and advancements in:
- Hardware and software
- Modeling and simulation
- Distributed computing
This approach aims to facilitate transformation within the industry. The company is dedicated to enhancing technical sophistication and accelerating the development lifecycle of payloads for both airborne and ground defence platforms.
Global Reach and Clientele
Constelli’s products and services are utilised worldwide by organisations engaged in the development of radar and electronic warfare (EW) systems. The company has claimed to work with:
- India’s Ministry of Defence
- Defence Research and Development Organisation (DRDO)
- Defence contractors in South Korea, Australia, and Singapore
Other prominent competitors within this sector include NewSpace Research & Technologies, IdeaForge, and Garuda Aerospace, among others.