SatVu, the pioneering British climate tech company today announces a significant achievement in space technology, releasing the First Light imagery from its revolutionary thermal imaging satellite, HotSat-1 at the same time as announcing their move into commercial operations.
This milestone is a major step forwards towards a new era in Earth observation and climate monitoring.
HotSat-1, named in homage to its cutting-edge thermal imaging capabilities, was launched into orbit in June aboard a SpaceX rocket from the Vandenberg Space Force Base in California.
SatVu are now releasing their First Light imagery and video - paving the way for a world-changing journey of data collection and analysis.
This represents a significant stride forward in SatVu's mission to leverage space technology for climate and environmental insights as they launch commercial operations. As the first satellite in the planned constellation, HotSat-1 will provide invaluable and unique data enabling transformation in economic activities and energy efficiency, aligning seamlessly with global Net Zero goals and SDGs.
HotSat-1's initial images provide unique insights and new data layers across various geographical locations.
In Canada - the imagery reveals active fire fronts (in this case, as at July 28th, 2023) vividly depicted in orange, enabling emergency responders organisations to predict speed of progression and potential paths of impact.
In Chicago - images were captured with the potential to monitor rail logistics.
In Las Vegas - the high-resolution observations shed light on urban heat islands.
In Cushing - the imagery highlights the benefits of industrial activity monitoring
Anthony Baker, CEO and Co-founder, SatVu:
"As we receive the First Light imagery from HotSat-1, we are thrilled to announce the transition of our thermal imaging satellite into commercial operation. This milestone not only reflects the dedication and hard work of our entire team but also underscores our commitment to using advanced technology for the betterment of our planet. HOTSAT-1's ability to capture valuable thermal imagery with applications ranging from logistics optimisation to environmental planning and energy-related decision-making is truly groundbreaking. With this achievement, we move forward with renewed determination, working towards a more sustainable and climate-resilient future, where space technology plays a pivotal role in shaping our world for the better."
To date, SatVu has secured a total of £30.5 million ($37.9 million) in Venture Capital funding. With the satellite transitioning into its operational phase, SatVu’s focus has now shifted to converting Early Access Programme customers into revenue bookings, bringing novel datasets to market, and building a scalable organisational structure.
With the successful launch and start of commercial service complete, SatVu anticipates embarking on a Series B fundraising round in Q1 2024 to propel the growth of their satellite constellation, enabling high-frequency thermal monitoring at scale.
Chief Executive of the UK Space Agency, Dr Paul Bate, commented:
“Congratulations to SatVu. The successful receipt of First Light imagery from their thermal imaging satellite, HotSat-1, marks a milestone in the evolution of Earth observation and climate monitoring.”
“This achievement highlights the remarkable capabilities of UK space technology and demonstrates the pivotal role that innovation can play in addressing global challenges. HotSat-1's ability to provide actionable data across sectors will empower organisations with a clearer picture of our energy impact, so they can make better and more effective, climate-conscious choices to benefit both our planet and its people.”
These initial images demonstrate the incredible potential of HotSat-1 to provide detailed and actionable information across a range of critical industries. SatVu is eager to continue this journey of discovery and innovation as they work towards a more sustainable and climate-resilient future.