Founded in 2024 by Jay Panchal, Nithyaa Giri, and Hrishit Tambi, Aule Space builds small “jetpack” satellites capable of Rendezvous, Proximity Operations and Docking (RPOD) with other satellites in orbit. Its satellite-agnostic docking mechanism and AI-driven guidance, navigation and control algorithms aim to mitigate fuel scarcity issues for geostationary satellites, potentially adding up to six years of extra life for high-value assets. The company plans to launch its first demonstration RPOD satellites next year to validate the technology before commercial deployment. Near-term priorities include expanding the engineering team and constructing ground infrastructure for docking tests. Aule ultimately envisions operating a robotic workforce that services, inspects, and retires satellites, making space operations more sustainable and cost-efficient. Financially, the startup has secured $2 million in pre-seed capital and is backed by the Entrepreneurs First accelerator and Transpose Platform.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Jan 2026