SatVu Drives Expansion Plans by Signing Contracts for HotSat-2 and HotSat-3 Satellites

SatVu Drives Expansion Plans by Signing Contracts for HotSat-2 and HotSat-3 Satellites

SatVu has announced significant advancements in its satellite program and expansion efforts - continuing its mission to capture the highest resolution thermal data from space for a safer and more sustainable Earth. The signing of the contract for its next-generation satellite, HotSat-2, marks a huge milestone for SatVu. Building upon the success of the pathfinder HotSat-1, HotSat-2 will elevate SatVu's ability to harness space technologies for the betterment of our planet.

This year, the SatVu team is leveraging insights gained from their inaugural mission to develop informative and analytics-ready data products in preparation for the next launch.

With the scheduled launch of HotSat-2 followed by HotSat-3 in 2025, SatVu will continue to provide a new layer of data that augments our understanding of the planet - from economic monitoring and national security to climate resilience, including urban heat monitoring.

With a proven product-market fit and a technological edge demonstrated by the success of the HotSat-1 mission, alongside a diverse array of high-value applications and end customers, SatVu is fueling further growth and garnering continued support from investors.

The company has confirmed the first close of its latest funding round. This new capital is expediting the development of HotSat-3, with the aim to launch after HotSat-2 in 2025.

The two new satellites, already beginning to attract customer commitments, are poised to generate significant recurring revenue. On reaching such a commercial scale, the next stage of SatVu's growth story will follow, with the launch of the remainder of the 9 satellite constellation, taking the business to critical mass. The strong support from investors reflects confidence in SatVu's vision and its ability to drive positive global impact through space-enabled solutions.

The data provided by HotSat-1 supported major global discoveries, including aiding the investigation into the timeline of operations at Korea’s Yongbyon Nuclear Scientific Research Center. Now, leveraging the wealth of information collected by HotSat-1, SatVu has enhanced its two-year product roadmap including building out industry-leading features on the SatVu Platform, as well as projects to deliver AI-driven insights.

Anthony Baker, CEO and Co-Founder of SatVu: “With the signing of the HotSat-2 contract, commitment to HotSat-3, huge customer interest, and robust product plan, we're accelerating our journey to shape the future of climate technology. Building on HotSat-1's strong foundation, we're focused on even greater innovation and impact with our upcoming satellite launches. Our team is now supercharging our efforts to push the boundaries of thermal infrared from space, ensuring SatVu remains a leader in the industry.”

Craig Brown, Investment Director at the UK Space Agency, said: “Congratulations to SatVu, which is demonstrating the power of satellite thermal imagery and attracting significant inward investment and customer interest. Having supported the company through our National Space Innovation Program, we’re looking forward to the launches of these new satellites and to more organizations benefiting from the actionable insights they will provide from space.”

As SatVu looks ahead to the launch of HotSat-2 and the expansion of its satellite constellation, the company remains focused on its commitment to leveraging data-driven insights to enable us to see the world like never before and take critical action towards Net Zero goals.

Click here to learn about SatVu's web-based platform.

Publisher: SatNow
Tags:-  SatelliteLaunchGround

GNSS Constellations - A list of all GNSS satellites by constellations


Satellite NameOrbit Date
BeiDou-3 G4Geostationary Orbit (GEO)17 May, 2023
BeiDou-3 G2Geostationary Orbit (GEO)09 Mar, 2020
Compass-IGSO7Inclined Geosynchronous Orbit (IGSO)09 Feb, 2020
BeiDou-3 M19Medium Earth Orbit (MEO)16 Dec, 2019
BeiDou-3 M20Medium Earth Orbit (MEO)16 Dec, 2019
BeiDou-3 M21Medium Earth Orbit (MEO)23 Nov, 2019
BeiDou-3 M22Medium Earth Orbit (MEO)23 Nov, 2019
BeiDou-3 I3Inclined Geosynchronous Orbit (IGSO)04 Nov, 2019
BeiDou-3 M23Medium Earth Orbit (MEO)22 Sep, 2019
BeiDou-3 M24Medium Earth Orbit (MEO)22 Sep, 2019


Satellite NameOrbit Date
GSAT0223MEO - Near-Circular05 Dec, 2021
GSAT0224MEO - Near-Circular05 Dec, 2021
GSAT0219MEO - Near-Circular25 Jul, 2018
GSAT0220MEO - Near-Circular25 Jul, 2018
GSAT0221MEO - Near-Circular25 Jul, 2018
GSAT0222MEO - Near-Circular25 Jul, 2018
GSAT0215MEO - Near-Circular12 Dec, 2017
GSAT0216MEO - Near-Circular12 Dec, 2017
GSAT0217MEO - Near-Circular12 Dec, 2017
GSAT0218MEO - Near-Circular12 Dec, 2017


Satellite NameOrbit Date
Kosmos 2569--07 Aug, 2023
Kosmos 2564--28 Nov, 2022
Kosmos 2559--10 Oct, 2022
Kosmos 2557--07 Jul, 2022
Kosmos 2547--25 Oct, 2020
Kosmos 2545--16 Mar, 2020
Kosmos 2544--11 Dec, 2019
Kosmos 2534--27 May, 2019
Kosmos 2529--03 Nov, 2018
Kosmos 2527--16 Jun, 2018


Satellite NameOrbit Date
Navstar 82Medium Earth Orbit19 Jan, 2023
Navstar 81Medium Earth Orbit17 Jun, 2021
Navstar 78Medium Earth Orbit22 Aug, 2019
Navstar 77Medium Earth Orbit23 Dec, 2018
Navstar 76Medium Earth Orbit05 Feb, 2016
Navstar 75Medium Earth Orbit31 Oct, 2015
Navstar 74Medium Earth Orbit15 Jul, 2015
Navstar 73Medium Earth Orbit25 Mar, 2015
Navstar 72Medium Earth Orbit29 Oct, 2014
Navstar 71Medium Earth Orbit02 Aug, 2014


Satellite NameOrbit Date
NVS-01Geostationary Orbit (GEO)29 May, 2023
IRNSS-1IInclined Geosynchronous Orbit (IGSO)12 Apr, 2018
IRNSS-1HSub Geosynchronous Transfer Orbit (Sub-GTO)31 Aug, 2017
IRNSS-1GGeostationary Orbit (GEO)28 Apr, 2016
IRNSS-1FGeostationary Orbit (GEO)10 Mar, 2016
IRNSS-1EGeosynchronous Orbit (IGSO)20 Jan, 2016
IRNSS-1DInclined Geosynchronous Orbit (IGSO)28 Mar, 2015
IRNSS-1CGeostationary Orbit (GEO)16 Oct, 2014
IRNSS-1BInclined Geosynchronous Orbit (IGSO)04 Apr, 2014
IRNSS-1AInclined Geosynchronous Orbit (IGSO)01 Jul, 2013