New Delhi, April 3 -- India's young space startups find themselves in an unlikely Goldilocks zone, as the US-Iran war is driving a surge in demand for space-based surveillance data.

Despite strategic sensitivities, stakeholders believe that geospatial surveillance could soon become a multi-billion-dollar revenue opportunity for firms building satellites, ground stations, and data analytics platforms.

On 18 March, Google-backed satellite imaging startup Pixxel, based in Bengaluru, signed a deal with Neo Space Group (NSG), a commercial entity backed by Saudi Arabia's Public Investment Fund, to provide high-resolution Earth observation imagery and data. Under the agreement, NSG will offer Pixxel's data to Saudi government agencies as requi...