Overview
- The round lifts SatVu’s total equity funding to £60 million, according to the company.
- Participants include the NATO Innovation Fund, British Business Bank, Space Frontiers Fund II and Presto Tech Horizons, alongside existing backers such as Molten Ventures, Adara Ventures, Ridgeline Ventures, NOA, Lockheed Martin, Seraphim Space Fund and Stellar Ventures.
- SatVu plans to launch HotSat-2 and HotSat-3 in 2026 and has initiated contracts for three additional satellites as it targets a nine-satellite constellation designed for 10–20 daily revisits.
- The company provides 3.5‑metre thermal imagery that captures day‑night activity, detecting heat signatures in and around buildings and critical infrastructure.
- Executives say the capital secures a path to scale after the 2023 HotSat‑1 anomaly, and the announcement follows the U.S. National Reconnaissance Office adding SatVu to its roster of commercial vendors under evaluation last week.