VyamIC to Build Indian First Private Global Constellation of Satellites

1. Fundamental Notification and Importance.

• Company: VyomIC, a space tech start up based in Chennai.
• Plans Plans to develop the first privately owned global satellite constellation in India.
• Mission: To offer precision Positioning, Navigation, and Timing (PNT) services.
• Significance: This is a landmark occasion in the history of the Indian space industry that has shifted to being a supplier of components to be a developer of sovereign and international space-based infrastructure.

2. Funding & Financial Backing

• Raised Round: Raised USD 1.6 million in pre-seed funding round.
• Lead Investor Speciale Invest is a deep-tech venture capital company.
• Other Partners: BYT Capital and DeVC.
• Funds Usage: The capital will be utilized in:
• Creation of the standard LEO-based PNT payload.
• Carrying out of space demonstration mission (another milestone to test the technology in space).
• Business development and expansion of the team.

3. Impression Management Technological Advantage and Key Characteristics.

• Better than GPS/GLONASS: The VyomIC technology is spoofing resistant and jamming resistant, which will eliminate severe security and reliability threats to the current systems worldwide.
• LEO Advantage: The constellation of satellites provides a number of advantages by relying on Low Earth Orbit (LEO) satellites:
• Reduced Convergence time: Signal acquisition and positioning locks faster.
• Better Signals: Better connectivity, with less drop-outs.
• Increased International Coverage: Better coverage, even in polar areas.
• Indoor Navigation: Could be penetrated by the service in urban canyons and even inside buildings, which current systems are unable to do.

4. Establishing Team and Experienced Knowledge.

• Founders: Vibhor Jain, Anurag Patil and Lokesh Kabdal.
• Track Record: The team has a record of being at the forefront of high technology, ambitious projects, and has in the past:
• Directed the student hyperloop project at India.
• Researched on commercial drone swarms.
• This history shows that they are also well skilled in complex systems engineering and implementing the advanced, real life technologies.

5. Strategic Significance & Market requirement.

• Sovereign Capability: The less reliance on foreign PNT systems, a key national security and infrastructure imperative.
• Addressing Critical Gaps: Offers an alternate that is stable and secure to the highly timing sensitive and path-finding sectors such as defense, transportation, finance, and telecommunications.
• Driving Innovation: Empowers future applications in autonomous vehicles, drone logistics, and the Internet of Things (IoT) that cannot afford to do without more reliable and accurate PNT data than is currently available.