Ulook Secures Rs 19 Crore Funding for Space-Tech Innovations

Ulook has successfully garnered Rs 19 crore (around $2.3 million) in a funding round, co-led by GrowX Ventures and InfoEdge Ventures. This space-tech startup is known for developing autonomous satellite swarms focused on radio-frequency (RF) sensing and spectrum awareness.

Innovative Technology for Enhanced Detection

The technology developed by Ulook facilitates the detection, tracking, and analysis of activities on the Earth’s surface, particularly in areas where conventional optical or radar methods may prove ineffective.

Funding Utilisation for Growth

The funds acquired will be directed towards the advancement of its satellite and sensor development, the expansion of its RF-sensing platform capabilities, and to expedite market entry for its data intelligence services.

Competitive Landscape in Space-Tech

Ulook finds itself in competition with other notable space-tech and earth-observation companies, including Pixxel, Satsure, Astrome, and Skyroot Aerospace. The competition primarily revolves around sensor innovation, satellite deployment, and the provision of data-as-a-service models.

Future Deployment Plans

The company aims to launch its first satellite swarms within the next 12 to 18 months, focusing on sectors such as defence, security, infrastructure monitoring, telecommunications, and national spectrum management.