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Google which is cash surplus, just announced an additional capital raise of $80 bn.
Google annual profit is $160 bn, last quarter $62 bn, and market cap $4.5 trillion. That is close to total profits and market cap of all Indian listed companies put together.
Itโs a wake up call to all companies to invest into the future, whatever the present maybe.
Now that IPL is done and dusted, time for India to focus on business of business.
Let me explain what just happened today because it deserves so much recognition.
GalaxEye is a Bengaluru startup founded in 2021 by IIT Madras engineers. Today they launched Mission Drishti on a SpaceX Falcon 9. It is India's largest privately built satellite at 190 kg. And it carries a technology that no commercial satellite has ever carried before.
Normal satellites take photos of the Earth using optical cameras. Like your phone camera, but from 500 km up. The problem is obvious. Clouds. Night. Fog. Smoke. If any of these are in the way, the photo is useless. India has monsoon cover for 4 months a year. That is 4 months where optical satellites are partially or fully blind over large parts of the country.
The alternative is SAR. Synthetic Aperture Radar. Instead of taking photos with light, it sends radar waves down and reads what bounces back. Radar goes through clouds, through darkness, through smoke. A SAR satellite can image a flooded village at 2 AM during a cyclone when no optical satellite can see anything.
The problem with SAR is that the images look nothing like photos. They look like grainy black-and-white radar maps. A military analyst or a trained geospatial engineer can read them. A farmer, a disaster response team, or a city planner cannot.
Until today, if you wanted both optical and SAR data for the same location, you needed two different satellites, passing over at different times, at different angles. Then someone had to manually align and fuse the two datasets. Expensive, slow, and the data never perfectly matched because the satellites saw the same spot minutes or hours apart.
GalaxEye put both sensors on one satellite. Optical and SAR, fused into what they call OptoSAR. Three times more information than a single sensor. Processed onboard by an NVIDIA AI chip at 1.8 metre resolution.
Now in practice, during the next cyclone hitting Odisha, one satellite pass gives you a clear image of which villages are flooded, which roads are cut, and which buildings are standing. Day or night. Cloud or clear. In near real-time.
For defence, it means you can monitor a border area 24/7 regardless of weather. For agriculture, it means tracking crop health across an entire monsoon season without a single cloud gap. For infrastructure, it means monitoring construction progress on highways and bridges without waiting for a clear day.
GalaxEye tested their SAR tech on ISRO's POEM orbital platform. The satellite was tested at ISRO facilities. IN-SPACe provided regulatory clearance. NSIL, ISRO's commercial arm, will distribute the imagery globally. And it launched on SpaceX because ISRO's PSLV doesn't have the right orbit slot for this mission.
Yes, four IIT Madras graduates built a world-first satellite in 4 years in Bengaluru.
Take a bow!
Today, India takes a defining step in its civil nuclear journey, advancing the second stage of its nuclear programme.
The indigenously designed and built Prototype Fast Breeder Reactor at Kalpakkam has attained criticality.
This advanced reactor, capable of producing more fuel than it consumes, reflects the depth of our scientific capability and the strength of our engineering enterprise. It is a decisive step towards harnessing our vast thorium reserves in the third stage of the programme.
A proud moment for India. Congratulations to our scientists and engineers.
AI poised to transform Global workforce sooner than we are thinking. 9 to 6 would not be required for majority as machines will produce so much of goods and services.
Delighted that India has won the bid to host the Centenary Commonwealth Games 2030!
Congratulations to the people of India and the sporting ecosystem. It is our collective commitment and spirit of sportsmanship that has placed India firmly on the global sporting map.
With the ethos of Vasudhaiva Kutumbakam, we are eager to be celebrating these historic games with great enthusiasm.
We look forward to welcoming the world!
https://t.co/nzD8PsO1MY
1 in 2 electrons generated will eventually be stored in batteries before being used. Battery storage is going to be bigger than the whole auto industry.
This has always been the vision behind the Ola Gigafactory and step by step we are growing into it! Kudos to the amazing @OlaElectric team that keeps on marching towards the goalโค๏ธ๐ซก