Private Equity PE-VC Fund Investments
Defence-tech co. Olee.space raises $3-M from Rockstud Capital, others
Source Inc42 (opens in a new tab)
Pune-based defence-tech startup Olee Space has raised USD 3 million in seed funding from domestic and international investors, including Rockstud Capital.Founded in 2023 by James Solomon and Suman Hiremath, Olee Space develops laser-based communication systems and directed energy weapon (DEW) platforms.With over five years of R&D, Olee Space has carried out field-level deployments and plans to use the fresh funds to scale production, enhance quantum-secure communication protocols, and expand its DEW systems roadmap.