Trending...
- Sober.Buzz the Sober Token : Ticker $BUZZ
- UIFCA Revolutionizes Financial Education with Elite Team of Investment Experts
- DuoKey to Unveil Encrypted Financial Intelligence Use Case at GISEC Global 2025
COLORADO SPRINGS – Today, Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced that Digantara, a leading space surveillance and intelligence company specializing in space domain awareness, has selected Colorado Springs, Colorado, for expansion.
"I'm thrilled to welcome Digantara to Colorado, the best place to live, work, and do business. Digantara will bring 61 new, good-paying jobs while supporting safer space operations," said Governor Polis.
Based in India, Digantara develops space surveillance systems designed to manage increasing orbital traffic and enhance space operations by delivering accurate and real-time orbital insights. The company's systems pair constellations of cost-efficient nanosatellites in low earth orbit with precise modeling to enable the space industry to secure long-term spaceflight safety and build maps for space.
"Colorado is a leader in aerospace innovation, and we're thrilled to welcome Digantara to our growing Aerospace community," said Lt. Governor Dianne Primavera and co-chair of the Colorado Space Coalition. "With top research institutions, a skilled workforce, and strong industry partnerships, our state is the ideal place for companies shaping the future of space. We look forward to seeing Digantara's impact on space sustainability and security."
Digantara specializes in patented space-to-space tracking Optical and LiDAR systems. The company plans to establish a Satellite Assembly, Integration and Testing (AIT) facility in Colorado Springs to develop these payloads locally, catering to the Intelligence, Surveillance and Reconnaissance (ISR) needs of U.S. Government and Department of Defense agencies.
"Colorado stands at the heart of the US aerospace-defense ecosystem, making it the perfect base for Digantara. Here, we aim to collaborate with the US aerospace and defense community locally, advancing global space security through innovation and partnership. Our mission is clear: contribute to U.S. and its allies' defense efforts and help ensure a safe, sustainable space for a secure future," said Anirudh Sharma, CEO of Digantara.
More on Colorado Desk
Digantara champions space sustainability, with active advocacy in the Paris Peace Forum's Net Zero Space Initiative and the UN Space Bridge Dialogue on Global Space Traffic Coordination. In Colorado Springs, the company plans to establish a U.S. base to pursue opportunities to collaborate with U.S. defense agencies on surveillance and defense initiatives. This includes a capital investment of $35 million. Proximity to talent and the opportunity to locate in a leading aerospace market were key considerations.
"Colorado is now home to 2,000 aerospace companies, an increase of 26% over the last five years. When companies like Digantara expand in our state, they continue to strengthen this key sector of our economy while advancing innovative new technologies that will be critical to space and space missions," said OEDIT Executive Director Eve Lieberman.
Digantara expects to create 61 net new jobs at an average annual wage of $82,645, which is 130% of the average annual wage in El Paso County. The positions will include software engineers, systems engineers, business developers, human resources, and finance roles.
The Colorado Economic Development Commission approved up to $759,034 in a performance-based Job Growth Incentive Tax Credit for the company over an eight-year period. These incentives are contingent upon Digantara, referred to as Project Diamond throughout the OEDIT review process, meeting net new job creation and salary requirements. The Colorado Springs City Council approved $198,225 over a four-year period in performance-based incentives. The sales and use tax rebates apply to the purchases of construction materials, equipment, machinery, furniture, and fixtures. The City's Economic Development Department also offered to support the company through its Rapid Response Program, as well as talent and workforce development support. Additionally, El Paso County approved $812,030 in incentives.
More on Colorado Desk
"We are thrilled to welcome Digantara as they open their first U.S. office right here in our Colorado Springs, Olympic City USA," said Mayor Yemi Mobolade. "As a key player in space surveillance and intelligence, specializing in space domain awareness, they are a perfect fit for our growing ecosystem of tech, aerospace, space, and cybersecurity companies. This is yet another example of the exciting expansion we're seeing in this critical sector, further solidifying Colorado Springs' position at the forefront of space innovation."
"El Paso County is proud to support Digantara, which enhances our region's leadership in the aerospace and defense industries—sectors that drive our local economy and safeguard our national security. We are committed to supporting businesses that create jobs, invest in our workforce, and strengthen our local economy. This investment goes beyond a single project; it represents a commitment to the future of our region, reinforcing our position as a place where businesses can innovate, expand, and thrive," said El Paso County Commissioner and Chair Carrie Geitner.
"Digantara's expansion is a big win for Colorado Springs and the Pikes Peak region, boosting our space talent and reinforcing our reputation as a prominent force in national security and a top location for aerospace and defense investments," said Johnna Reeder Kleymeyer, President & CEO of Colorado Springs Chamber & EDC. "With our strong and diverse economy, highly skilled workforce, and cutting-edge technologies, it's clear that Colorado Springs is the ideal place for space companies to innovate and thrive."
In addition to Colorado, Digantara considered North Carolina, Texas and California for expansion. The company currently has 70 employees, none of whom are in Colorado.
About Colorado Office of Economic Development and International Trade
The Colorado Office of Economic Development and International Trade (OEDIT) works to empower all to thrive in Colorado's economy. Under the leadership of the Governor and in collaboration with economic development partners across the state, we foster a thriving business environment through funding and financial programs, training, consulting and informational resources across industries and regions. We promote economic growth and long-term job creation by recruiting, retaining, and expanding Colorado businesses and providing programs that support entrepreneurs and businesses of all sizes at every stage of growth. Our goal is to protect what makes our state a great place to live, work, start a business, raise a family, visit and retire—and make it accessible to everyone. Learn more about OEDIT.
"I'm thrilled to welcome Digantara to Colorado, the best place to live, work, and do business. Digantara will bring 61 new, good-paying jobs while supporting safer space operations," said Governor Polis.
Based in India, Digantara develops space surveillance systems designed to manage increasing orbital traffic and enhance space operations by delivering accurate and real-time orbital insights. The company's systems pair constellations of cost-efficient nanosatellites in low earth orbit with precise modeling to enable the space industry to secure long-term spaceflight safety and build maps for space.
"Colorado is a leader in aerospace innovation, and we're thrilled to welcome Digantara to our growing Aerospace community," said Lt. Governor Dianne Primavera and co-chair of the Colorado Space Coalition. "With top research institutions, a skilled workforce, and strong industry partnerships, our state is the ideal place for companies shaping the future of space. We look forward to seeing Digantara's impact on space sustainability and security."
Digantara specializes in patented space-to-space tracking Optical and LiDAR systems. The company plans to establish a Satellite Assembly, Integration and Testing (AIT) facility in Colorado Springs to develop these payloads locally, catering to the Intelligence, Surveillance and Reconnaissance (ISR) needs of U.S. Government and Department of Defense agencies.
"Colorado stands at the heart of the US aerospace-defense ecosystem, making it the perfect base for Digantara. Here, we aim to collaborate with the US aerospace and defense community locally, advancing global space security through innovation and partnership. Our mission is clear: contribute to U.S. and its allies' defense efforts and help ensure a safe, sustainable space for a secure future," said Anirudh Sharma, CEO of Digantara.
More on Colorado Desk
- Colorado Springs: Jessie Kimber inducted as Fort Carson Good Neighbor
- ScreenPoints Puts Film Investors in the Credits—and in the Money With New FinTech Platform
- Pathways to Adulthood Conference May 17 at Melville Marriott Honoring NYS Assembly Member Jodi Giglio, Suffolk County Legislator Nick Caracappa
- Adster Techologies awarded US Patent for breakthrough innovation in reducing latency in Ad Serving
- Colorado: Governor Polis: Real Results Delivered for Coloradans in 2025 Legislative Session
Digantara champions space sustainability, with active advocacy in the Paris Peace Forum's Net Zero Space Initiative and the UN Space Bridge Dialogue on Global Space Traffic Coordination. In Colorado Springs, the company plans to establish a U.S. base to pursue opportunities to collaborate with U.S. defense agencies on surveillance and defense initiatives. This includes a capital investment of $35 million. Proximity to talent and the opportunity to locate in a leading aerospace market were key considerations.
"Colorado is now home to 2,000 aerospace companies, an increase of 26% over the last five years. When companies like Digantara expand in our state, they continue to strengthen this key sector of our economy while advancing innovative new technologies that will be critical to space and space missions," said OEDIT Executive Director Eve Lieberman.
Digantara expects to create 61 net new jobs at an average annual wage of $82,645, which is 130% of the average annual wage in El Paso County. The positions will include software engineers, systems engineers, business developers, human resources, and finance roles.
The Colorado Economic Development Commission approved up to $759,034 in a performance-based Job Growth Incentive Tax Credit for the company over an eight-year period. These incentives are contingent upon Digantara, referred to as Project Diamond throughout the OEDIT review process, meeting net new job creation and salary requirements. The Colorado Springs City Council approved $198,225 over a four-year period in performance-based incentives. The sales and use tax rebates apply to the purchases of construction materials, equipment, machinery, furniture, and fixtures. The City's Economic Development Department also offered to support the company through its Rapid Response Program, as well as talent and workforce development support. Additionally, El Paso County approved $812,030 in incentives.
More on Colorado Desk
- Robert Fabbio Inducted into the Austin Technology Council Hall of Fame
- Need a Rental Venue? Evergood Wines Hosts Parties, Reunions, and Nonprofits on Its Outdoor Patio
- Poor Richard's Celebrates 50 Years of Community, Culture, and Connection
- Colorado: Governor Polis Appoints Michal A. Lord-Blegen to the 17th Judicial District Court
- Colorado Springs: Mayor Yemi, City Councilmembers to host 2025 Report Out Community Tour
"We are thrilled to welcome Digantara as they open their first U.S. office right here in our Colorado Springs, Olympic City USA," said Mayor Yemi Mobolade. "As a key player in space surveillance and intelligence, specializing in space domain awareness, they are a perfect fit for our growing ecosystem of tech, aerospace, space, and cybersecurity companies. This is yet another example of the exciting expansion we're seeing in this critical sector, further solidifying Colorado Springs' position at the forefront of space innovation."
"El Paso County is proud to support Digantara, which enhances our region's leadership in the aerospace and defense industries—sectors that drive our local economy and safeguard our national security. We are committed to supporting businesses that create jobs, invest in our workforce, and strengthen our local economy. This investment goes beyond a single project; it represents a commitment to the future of our region, reinforcing our position as a place where businesses can innovate, expand, and thrive," said El Paso County Commissioner and Chair Carrie Geitner.
"Digantara's expansion is a big win for Colorado Springs and the Pikes Peak region, boosting our space talent and reinforcing our reputation as a prominent force in national security and a top location for aerospace and defense investments," said Johnna Reeder Kleymeyer, President & CEO of Colorado Springs Chamber & EDC. "With our strong and diverse economy, highly skilled workforce, and cutting-edge technologies, it's clear that Colorado Springs is the ideal place for space companies to innovate and thrive."
In addition to Colorado, Digantara considered North Carolina, Texas and California for expansion. The company currently has 70 employees, none of whom are in Colorado.
About Colorado Office of Economic Development and International Trade
The Colorado Office of Economic Development and International Trade (OEDIT) works to empower all to thrive in Colorado's economy. Under the leadership of the Governor and in collaboration with economic development partners across the state, we foster a thriving business environment through funding and financial programs, training, consulting and informational resources across industries and regions. We promote economic growth and long-term job creation by recruiting, retaining, and expanding Colorado businesses and providing programs that support entrepreneurs and businesses of all sizes at every stage of growth. Our goal is to protect what makes our state a great place to live, work, start a business, raise a family, visit and retire—and make it accessible to everyone. Learn more about OEDIT.
0 Comments
Latest on Colorado Desk
- Shareholder Alert: Robbins LLP Informs Investors of the Civitas Resources, Inc. Class Action Lawsuit
- Free Peer Recovery Coaching Now Available for Rocky Mountain Health Plan Members Across Colorado
- ABM for Good™ Launches First Project with Build Change
- Colorado Tourism Office Celebrates 2025 National Travel & Tourism Week
- ImagineX, in Collaboration with Qualys, Launches New mROC Services to Transform Enterprise Cyber Risk Management
- Ditch Micromanagement: New Leadership Book for Results-Driven, Accountability-Based Teams
- Jay Tapp was named Managing Director in British Columbia
- State Launches Colorado Property Tax Map as a Central Source to Understand Taxing Jurisdictions and Property Tax Rates
- Hubei Heavy Equipment Makes a Striking Appearance at CIMT and Competes with International Brands
- 20 Patents Issued Worldwide, Cementing Company Leadership. First Ever Cable-Free 12-Lead ECG: HeartBeam, Inc. (Stock Symbol: BEAT)
- NASDAQ Uplisting for Higher Market Exposure and Wide Corporate Benefits to AI Boosted Marketing Company On Track Towards $1 Billion Revenue by 2027
- Congressional Men's Health Caucus Shows Bipartisan Consensus and Focus on Prevention, Mental Health, and Closing the Lifespan Gap
- DuoKey, Axiomtek and Blue Edge Network Partner to Enhance Smart Cities with Privacy-Preserving Urban Safeguarding and Fleet Management
- Carbonado Capital Investments Surpasses $700 Million AUM Under the Leadership of Gregory A. Thomas
- Ryleigh Norgrove Launches Dispatches from the Edge — Writing on Climbing, Land and Culture
- Mayor Johnston, Governor Polis, Attorney General Weiser, Senator Bennet, Congressman Neguse & Congresswoman Pettersen Release Letter to Colorado General Assembly on A.I.
- Governor Polis Sign Bills into Law Expanding Support Services and Increasing Safety in Colorado Schools
- ATTENTION NYSE: CIVI INVESTORS: Contact Berger Montague About a Civitas Resources Class Action Lawsuit
- Colorado: Governor Polis, Union Pacific Railroad Officials Celebrate Signing of Historic Partnership on Moffat Tunnel Lease Agreement and Mountain Passenger Rail Agreement
- Austin Keen Joins WakeFX RopePal as Official Brand Ambassador