Satellite Vu is a UK-based space tech company focused on high-resolution thermal imagery from space, offering a unique solution to address global sustainability challenges. They are launching a constellation of satellites equipped with mid-wave infrared (MWIR) thermal imagers, capable of monitoring heat emissions from any structure on Earth. This data provides insights into economic activity, energy efficiency, and carbon footprint, with applications in various sectors, including energy, finance, and national security. Satellite Vu's major partners include Surrey Satellite Technology Ltd. (SSTL) and SpaceX, and they have received funding from organizations such as the UK Space Agency and Lockheed Martin.
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Global Satellite Vu delivers high-resolution thermal intelligence for national security, economic monitoring, and climate applications.
Global Satellite Vu Ltd is a UK-based developer of thermal infrared satellite technology.
Global Satellite Vu launched its first satellite, HotSat-1, in 2023 and plans to expand its constellation with HotSat-2 and HotSat-3 in 2026.
IHI Corporation is collaborating with Global Satellite Vu Ltd to develop a satellite constellation to strengthen Japanese sovereign capability.
SatVu secured £20 million in strategic funding comprised of a £10 million landmark equity round co-led by Adara Ventures and existing investor Molten Ventures, plus an insurance payout.
SatVu operates the HotSat constellation, which began with the launch of HotSat-1 in June 2023.
SatVu launched its first satellite earlier 2024 and provides thermal imaging capabilities to monitor building temperatures in near real time.
SatVu ordered HotSat-2 from SSTL in 2022 and later placed the order on hold.
With two satellites in orbit, SatVu would be able to generate enough annual recurring revenue by mid-2026 to qualify for a growth funding round to pay for an additional seven satellites.
SatVu raised around $16,000,000 in May 2023 from investors that included Lockheed Martin.
Surrey Satellite Technology Ltd built HOTSAT-1 and is assessing the anomaly on the insured satellite with SatVu.
SatVu plans to pursue a Series B fundraising round in 2024-01-01 to grow its satellite constellation for high-frequency thermal monitoring at scale.
SatVu claims HOTSAT-1 thermal datasets deliver accuracy, frequency, and resolution beyond prior thermal satellite imagery.
SatVu’s HOTSAT-1 imagery represents scorched terrain and smoke using distinct thermal color mapping, with active fires shown in orange and smoky aftermath in light blue.
Satellite Vu was founded in 2016 to gather high-resolution thermal imagery using 160-kilogram satellites.
Satellite Vu raised £12,700,000for satellites designed and manufactured with Surrey Satellite Technologies Ltd.
Sixty-six companies have committed £128,000,000to Satellite Vu’s Early Access Programme.
Satellite Vu launched its first spacecraft in June 2023 and has a second satellite slated to launch in 2024.
SatVu has secured customer commitments through its Early Access Option Program valued at over £128,000,000 ($160,000,000).
SatVu completed an A2 funding round raising £12.7 million.