Tangra performs scientific grade data reduction of GPS time-tagged video observations, including reduction of stellar occultation light curves and astrometry of close flybys of Near Earth Objects. It offers Dark and Flat frame image correction, PSF and aperture photometry, multiple methods for deriving a background as well as extensibility via add-ins. Tangra is actively developed for Windows and the current version of the software supports UCAC2, UCAC3, UCAC4, NOMAD, PPMXL and Gaia DR2 star catalogues for astrometry. The software can perform motion-fitting for fast objects and derive a mini-normal astrometric positions. The supported video file formats are AVI, SER, ADV and AAV. Tangra can be also used with observations recorded as a sequence of FITS files. There are also versions for Linux and OS-X with more limited functionality.