Olee Space, a laser-based communication and photonics defense system, has raised $3 million in a seed funding round from Rockstud Capital and other international and domestic investors.
The fresh funds raised will be used to scale production, advance its quantum-secure communication protocols, and expand its defense tech roadmap.
Founded in 2023 by James Solomon and Suman Hiremath, olee.space is a photonics and defense technology company based in Pune, India. olee.space is developing breakthrough technologies in quantum-encrypted laser communications and directed energy weapon (DEW) systems.
It builds next-generation systems in Free-Space Optical Communication (FSOC), quantum-encrypted networking, and directed energy weapons.
Its Free-Space Optical Communication (FSOC) uses low-powered infrared laser beams to deliver ultra-fast, secure data links across land, air, sea, and space.
James Solomon, Founder & CEO, said, “Have always been fascinated by how Lasers function. Working with light gives me happiness and I am here to do as much justice to this domain as any of my able team members. What we do here is rewarding to the country, would continue doing so.”
Suman Hiremath, Co-Founder and COO, said, “This funding validates our belief that India can lead in photonics and laser-based technologies. We’re building not just for today, but for the future of national security, space, and strategic infrastructure.”
Abhishek Agarwal, Managing Partner of Rockstud Capital, said, “olee.space is building a future where freedom to communicate thrives under the shield of unbreakable security, and limitless data empowers organizations and individuals. James has a vision to build a self-healing, ultra-high-bandwidth mesh network composed of agile LEO, powerful MEO, and GSO satellites equipped with cutting-edge optical payloads adhering to ESA’s ECSS standards. We are truly in awe of the mission, and we are excited to make an impact on our cosmos and on mankind.”
