Bengaluru-based TakeMe2Space is raising Series A funds to build orbital data centers aimed at lowering data costs. The company reported ₹5 crore in fiscal 2026 revenue but faces significant cost challenges compared to traditional terrestrial cloud services.
TakeMe2Space, a Bengaluru-based startup, is developing infrastructure to perform edge computing directly in low-earth orbit. The firm aims to process massive raw satellite datasets in space, theoretically reducing the need to transmit heavy files back to terrestrial servers. This model targets industries that rely on satellite data, such as agriculture, mining, supply chain logistics, and defense, by providing actionable insights rather than raw imagery.
Founded by former Microsoft employee Ronak Kumar Samantray, the company faces a substantial cost hurdle. Current computing services in orbit cost approximately $2 per minute, significantly higher than the $0.02 per minute typically seen on Earth-based cloud platforms like Amazon Web Services. The company reports an operational cost of $10 million per kilowatt. Management argues that the business case relies on saving costs associated with bandwidth and processing large data volumes once they reach the ground.
The startup’s technical strategy focuses on reducing operational costs to $500,000 per kilowatt by 2029. To achieve this, TakeMe2Space is developing modular 1.3-kilowatt orbital units paired with proprietary radiation shielding. This technology is intended to protect industrial-grade silicon components, which are cheaper than traditional, radiation-hardened hardware used in space, potentially creating a cost advantage.
Financially, the company reported ₹5 crore in revenue for the fiscal year 2026 and is currently targeting a $2 million run rate for the current year. The firm is now raising a Series A funding round to finance the necessary launch capacity. The company has two satellites scheduled for deployment later this year and aims to scale up to a 1,500-kg satellite by 2029.
Investors monitoring this space-tech firm should consider several business risks. The sector is capital-intensive, and the company must navigate the complexities of launch schedules, space-grade hardware reliability, and regulatory compliance. Unlike terrestrial data centers, maintenance or hardware upgrades in orbit are not feasible once a satellite is deployed, creating high execution risk. Furthermore, the company’s success depends on its ability to prove that its radiation-shielding technology can effectively maintain cheaper silicon hardware in the harsh space environment. The key monitorables for the next phase include the success of the upcoming satellite launches, the progression of the Series A fundraising, and the company's ability to lower costs as projected.