Startup Atlas · Maritime Surveillance

PierSight Space

PierSight Space Private Limited Ahmedabad, Gujarat Founded 2023 piersight.space ↗
Gaurav Seth · Co-founder & CEO Vinit Bansal · Co-founder & CTO
$6.6 MnTotal funding (tracked)
3Funding rounds
20 May 2025Last round
50Team size (sourced)

PierSight Space: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

All-weather, day-and-night ocean surveillance via combined SAR + AIS

Fuses two sensor types other providers keep separate.

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First commercial provider combining SAR and AIS on one platform

Enables detection of illegal, unreported and unregulated (IUU) fishing by cross-checking radar vs AIS signals.

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Customer Segments

Coast guards & governments (India, US, others)

B2B and B2G clients including coast guards of multiple countries.

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Shipping, insurance, port operators & ocean-conservation NGOs

Maritime industry clients beyond government/coast guard.

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Customer Relationships

No cited public information yet.

Channels

No cited public information yet.

Key Activities

Building SAR + AIS satellite constellation

Core activity: developing indigenous satellites to monitor maritime operations and flag illegal activity.

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DroneSAR program for mining-sector monitoring

Adapting SAR sensors to drone-based platforms as a separate product line, targeting mining.

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Key Resources

50-member engineering team (Ahmedabad + Bengaluru)

Core in-house team building satellite subsystems.

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Key Partnerships

IN-SPACe technical centre

Uses IN-SPACe's technical centre to develop its products, though not formally incubated by it.

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ISRO launch partnership (PSLV/POEM)

CubeSat technology demonstrator launched via ISRO's PSLV rocket, POEM platform, Dec 30 2024.

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CE-Ventures / Gulftainer (investor-customer overlap)

CE-Ventures' parent Crescent Enterprises operates port operator Gulftainer, a potential end-user of PierSight's maritime data.

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Revenue Streams

B2B and B2G maritime-intelligence contracts

Around 15 clients across private and government bodies as of mid-2025.

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Mining-sector SAR monitoring (DroneSAR)

Undisclosed mining client using drone-borne SAR technology.

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Cost Structure

No cited public information yet.

FAQs on PierSight Space

What is PierSight Space's business model?

PierSight Space's core value proposition centers on All-weather, day-and-night ocean surveillance via combined SAR + AIS, First commercial provider combining SAR and AIS on one platform.

How does PierSight Space make money?

PierSight Space's cited revenue streams include B2B and B2G maritime-intelligence contracts, Mining-sector SAR monitoring (DroneSAR).

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: yourstory.com · Last verified 7 Sep 2026. · Report a correction