US-India-based space technology company Pixxel secured $24 million in Series B funding on Monday, bringing its total funding to $95 million. The company plans to use the funds to accelerate its mission to create the world’s highest-resolution hyperspectral satellite constellation.

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• Pixxel raised $24 million, taking its total funding to $95 million.
• Focused on building high-resolution hyperspectral satellite constellations.
• Funding will accelerate the launch of 18 commercial hyperspectral satellites.
• Supports development of Aurora, an AI-driven Earth observation software.
• Satellites capture data in 250+ spectral bands with 5-meter spatial resolution.
• Next mission, “Fireflies,” to launch six satellites in early 2025.
• Satellites will provide daily coverage of 40 km-wide swath areas.
• Applications include agriculture, climate monitoring, mining, and energy.
• Funds will boost satellite manufacturing and operational capabilities.
• CEO Awais Ahmed highlighted investor confidence in Pixxel’s technology.