EON Space Labs (incubated at IIT Madras) funding, investors and company details

EON Space Labs (incubated at IIT Madras) is an emerging Artificial Intelligence (AI) - Deeptech startup from Hyderabad, working in the space of Focused on building next-generation Earth Observation (EO) imaging payloads for satellites, drones, and ground systems. Founded by Sanjay Kumar, Punit Badeka, Manoj Kumar Gaddam.

Company: Eon Space Labs Private Limited
Sector: Artificial Intelligence (AI) - Deeptech
Location: Hyderabad
Founders: Sanjay Kumar, Punit Badeka, Manoj Kumar Gaddam
Total funding raised: ₹10.5 Cr

Company overview

EON is a deeptech startup focused on building next-generation Earth Observation (EO) imaging payloads for satellites, drones, and ground systems. The company specializes in miniaturized high-resolution electro-optic and infrared (EO/IR) systems that are up to three times lighter and more compact than traditional payloads, significantly reducing deployment costs without compromising image quality. Its flagship offerings include the MIRA space telescope, currently under validation, and the LUMIRA EO/IR platform, which is already military-certified. These products showcase EON’s ability to deliver cutting-edge imaging solutions tailored for both commercial and defense applications. With in-house expertise spanning optical design, prototyping, and full-scale manufacturing, EON ensures speed, precision, and complete control across the value chain. Positioned at the forefront of space-tech innovation, the company is redefining how Earth Observation technologies are designed, deployed, and scaled globally.

Funding rounds

Latest round (Pre-Series A): ₹10.50 Cr. ($ 1.19 Mn), 2025-08-05. Investors: MGF Kavachh, HHV Advanced Technologies