VestaSpace To Deploy 35 Satellites As It Eyes 5G Roll Out By 2021

VestaSpace To Deploy 35 Satellites As It Eyes 5G Roll Out By 2021

SUMMARY

VestaSpace will launch over 35 satellites from September onwards

The satellites are expected to facilitate pan-India 5G service

VestaSpace Technology recently raised $10 Mn in fresh funding from Next Capital

Update| 14:25, May 28, 2020

Inc42 is currently investigating the facts of the story. The story will be updated once we complete our investigation.


In a bid to ramp up operations of fifth-generation (5G) technology in India, Pune-based spacetech startup VestaSpace Technology is planning to launch more than 35 satellites from September onwards to facilitate pan-India 5G service.

With this, the startup is aiming to tap the next generation of telecom technology by early 2021. Founder and CEO of Vestaspace Technologies Arun Kumar Sureban said that a beta version of the next-generation satellite constellations is planned for September 2020.

“The launch of a fully operational constellation of satellites into ‘Low-Earth-Orbit or Geosynchronous Equatorial Orbit’ will take place by 2021,” he added.

The startup is looking to launch more than 35 satellites and Sureban believes that this will try to replace the existing fibre network across the country. In 5G, signals will be transmitted through satellites directly, which will reduce the pressure on fibre networks.

The development has come after VestaSpace Technology raised $10 Mn in fresh funding from Next Capital. The startup had said that the funding will be used for its expansion plans in India and globally.

VestaSpace Technology’s 5G Plans

According to a report by MoneyControl, VestaSpace Technology is also in talks with the department of technology for spectrum in 28 GHz band for commencing 5G operations in India.

As of now, VestaSpace Technology is looking to position eight ground stations and 31K data receptors all over India. Sureban believes that this network of satellites and data receptors will solve the complex challenges in providing 5G network solutions to the urban, rural and unserved regions. The deployment of such a vast network for 5G is made possible with the help of accurate positioning and telemetry related activities, Sureban said.

VestaSpace Technology is also said to be working on various strategic projects in collaboration with the Indian Space Research Organisation (ISRO), USA’s National Aeronautics and Space Administration (NASA), among other prestigious space agencies. Sureban said that these projects are helping Vestaspace to expand globally.

However, the company is now looking to initially launch its operations in India before rolling out its services for other countries. “We will start operations in India first. We will provide service to telecom operators and internet service providers who will sell it further to end customers,” Sureban said.

5G In India

With 5G cellular networks already becoming more and more common in Western markets as well as in China, South Korea and other parts of Asia, India’s 5G efforts have not even begun, majorly due to the lack of proper infrastructure.

Recently, the Cellular Operators Association of India (COAI), in a letter dated May 12, 2020, asked the government to constitute a committee with industry stakeholders to review the National Frequency Allocation Plan (NFAP) for the incorporation of new telecom frequency bands for commercial uses.

Till now, DoT is yet to form relevant study groups and revise the 2018 version of NFAP to include more bands including mmWave frequencies as a part of 5G roadmap. Meanwhile, mmWave has proven to be a successful implementation for facilities and buildings in countries like the US. This mmWave can deliver high-speed internet in Indian commercial and retail spaces if implemented in the right manner.

Note: We at Inc42 take our ethics very seriously. More information about it can be found here.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
Unlock 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
Unlock 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

VestaSpace To Deploy 35 Satellites As It Eyes 5G Roll Out By 2021-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

VestaSpace To Deploy 35 Satellites As It Eyes 5G Roll Out By 2021-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

VestaSpace To Deploy 35 Satellites As It Eyes 5G Roll Out By 2021-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

VestaSpace To Deploy 35 Satellites As It Eyes 5G Roll Out By 2021-Inc42 Media
VestaSpace To Deploy 35 Satellites As It Eyes 5G Roll Out By 2021-Inc42 Media
You’re in Good company