Dhruva Space stands out for its full-stack business model in India's burgeoning space tech landscape. This rare approach enables it to deliver comprehensive space engineering solutions under one roof. Since its founding in 2012, the Hyderabad-based company has pioneered an integrated suite of services spanning satellite design, ground station infrastructure, and launch logistics-positioning it as one of the few firms in India capable of supporting the entire satellite lifecycle.
The company recently secured Series A funding of Rs 123 crore to advance its upcoming spacecraft manufacturing facility and enhance its global product offerings.
Co-founded by Sanjay Nekkanti (CEO), Chaitanya Dora Surapureddy (CFO), Krishna Teja Penamakuru (COO), and Abhay Egoor (CTO), the company's innovative model has carved a unique niche in a sector traditionally dominated by specialised players. This holistic approach is not only reshaping India's Satcom industry but also empowering diverse customers with efficient, cost-effective satellite solutions.
THE FULL-STACK BUSINESS MODEL
In contrast to the typical approach of specialising in one vertical-such as satellite manufacturing, ground station operations, or launch services-Dhruva has embraced a radically different approach. Its full-stack business model includes end-to-end solutions, from satellite design and manufacturing to launch logistics and operational support through ground station services. This helps streamline the process for clients, reducing operational inefficiencies, cost overruns, and delays typically seen in the fragmented space industry.
CEO Sanjay Nekkanti emphasises the competitive edge this approach provides: "In the space industry, we see satellite companies only focusing on building satellites, launch vehicle companies only manufacturing rockets, and ground station companies working on Earth stations.
This story is from the November 2024 edition of Voice and Data.
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This story is from the November 2024 edition of Voice and Data.
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