About Okulo Aerospace
Okulo Aerospace is a company based in Bengaluru (India) founded in 2019 by Parithi Govindaraju. Okulo Aerospace has raised $1.07 million across 2 funding rounds from investors including FORGE Accelerator, Ideaspring Capital and Java Capital. Okulo Aerospace offers products and services including HAPS, MALE Hinet, LALE Suvi V1, and Sky Sight. Okulo Aerospace operates in a competitive market with competitors including Shield AI, Airobotics, Tekever, Skydweller and 3D Robotics, among others.
- Headquarter Bengaluru, India
- Founders Parithi Govindaraju
- Stage Minicorn
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Sectors
Aerospace, Defense & MaritimeIndustrial Goods & Manufacturing Energy & Utilities
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Website
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Social
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- Legal Name Okulo Aerospace Private Limited
- Date of Incorporation 25 Jul, 2019
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$96.6 K (USD)255.26as on Mar 31, 2023
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Net Profit
-$82.74 K (USD)-133.11as on Mar 31, 2023
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EBITDA
-$157.88 K (USD)-170.1as on Mar 31, 2023
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Total Equity Funding
$1.07 M (USD)
in 2 rounds
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Latest Funding Round
$1 M (USD), Seed
Jul 11, 2023
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Investors
FORGE Accelerator
& 9 more
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Employee Count
Not available
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Products & Services of Okulo Aerospace
Okulo Aerospace offers a comprehensive portfolio of products and services, including HAPS, MALE Hinet, LALE Suvi V1, and Sky Sight.
Delivers long-endurance aerial intelligence for communication and surveillance.
Provides defense surveillance in harsh environments with VTOL capabilities.
Offers solar-powered flights for area mapping and monitoring missions.
Enables real-time UAV data insights for operational efficiency and security.
Funding Insights of Okulo Aerospace
Okulo Aerospace has successfully raised a total of $1.07M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in July 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Okulo Aerospace
Okulo Aerospace has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include FORGE Accelerator, Ideaspring Capital and Java Capital.
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Early-stage investments are provided to technology startups by Ideaspring Capital.
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Innovation and ventures in industrial technology and hardware innovations in India.
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Investor details for Okulo Aerospace
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Investments & Acquisitions by Okulo Aerospace
Investment portfolio details for Okulo Aerospace
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Financial Statements - Okulo Aerospace
Detailed financials for Okulo Aerospace
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Okulo Aerospace Comparisons
Peer comparison for Okulo Aerospace
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Competitors of Okulo Aerospace
Okulo Aerospace operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Shield AI, Airobotics, Tekever, Skydweller and 3D Robotics, among others.
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Autonomous drones and AI pilots for fighter jets are developed.
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Design and development solutions for industrial drones are provided.
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UAVs and software are manufactured for military and enterprise surveillance.
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Solar-powered unmanned perpetual flight vehicles are developed for various industries.
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Consumer and commercial drones with autopilot systems are developed.
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Provider of AI-driven home security solutions using smart lighting and drones
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Detailed competitors of Okulo Aerospace
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Latest news on Okulo Aerospace
Complete news archive for Okulo Aerospace
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Frequently Asked Questions about Okulo Aerospace
Okulo Aerospace was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Okulo Aerospace is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Parithi Govindaraju is the current CEO of Okulo Aerospace. They have also founded this company.
Okulo Aerospace is a funded company, having raised a total of $1.07M across 2 funding rounds to date.
Annual revenue of Okulo Aerospace is $96.6K as on Mar 31, 2023.
Okulo Aerospace was founded in 2019 in Bengaluru, India, within the aerospace sector. Unmanned aerial vehicles are produced for various altitudes, including high, medium, and low, to support long-endurance operations. Sensors and imaging systems are integrated into these platforms for real-time data gathering. Applications encompass defense, security, environmental monitoring, and disaster response. Rapid deployment and payload customization are enabled across these systems.
Okulo Aerospace's top competitors include Shield AI, Airobotics and Skydweller.
Okulo Aerospace offers HAPS, MALE Hinet, LALE Suvi V1, and Sky Sight.
Okulo Aerospace has 10 investors. Key investors include FORGE Accelerator, Ideaspring Capital, Java Capital, NewFort Holdings, and Shrinath Honnavalli.
The valuation of Okulo Aerospace is $2.04M as of Dec 2022.