HOTSAT-1 (photo above), the first satellite in the planned constellation to be launched by SatVu, launched with SpaceX from the Vandenberg Space Force Base in California on June 12th and now on-orbit and initial communication with the satellite has been established.
SatVu’s space-enabled climate technology will provide valuable and unique insight into economic activity and energy efficiency for a range of industries aligning with global Net Zero goals. SatVu has already secured customer commitments through its Early Access Option Program (EAP) valued at over £128 million ($160 million).
Designed and manufactured in the UK in partnership with Surrey Satellite Technologies (SSTL), the teams incorporated thermal imaging technology into the design of HOTSAT-1.
The Fieldfisher team was led by John Worthy, partner and head of Fieldfisher’s Space Projects group, supported by Senior Associate Alex Harbin and other members of the firm’s Space Projects group.
HOTSAT-1 will offer substantial cost-saving energy efficiency benefits to the public and private sectors. As satellite data already contributes to 50% of all climate change metrics, the addition of SatVu’s infrared dataset will be a game-changer in monitoring the impact of human activity on the planet. From assessing heat loss in structures, to measuring energy efficiency, HOTSAT-1’s geospatial data will empower strategic planning to expedite the journey towards decarbonization globally. After successful completion of the commissioning process, SatVu expects to receive first images in July and start commercial operations in October.
HOTSAT-1 offers 3.5 meter resolution and excellent video capability, all the while maintaining a sensitivity of less than 2 degrees Celsius. This satellite video generation capability enables the detection of highly dynamic features and the creation of 3D profiles, facilitating a multitude of applications. From mitigating the effects of heat islands in urban centers to monitoring industrial processes, waterway pollution, ensuring energy efficiency, and assessing the health of solar farms, HOTSAT-1 is set to work with industries across the globe.
This successful launch follows SatVu’s recent news regarding the successful completion of the firm’s A2 funding round, where they raised £12.7 million. The company is now poised to reach their next commercial milestone, which will unlock new investment opportunities in their highly anticipated series B round.
“We are delighted to have supported SatVu in creating the platform for such a valuable contribution to managing thermal emissions and delivering NetZero. It is always exciting working with clients delivering innovative solutions from space to some of the major challenges facing the earth today. At a time when climate change and environmental issues are in the headlines every day, we see many more opportunities for companies with world-leading technologies, such as SatVu, to help address these vital areas.” — John Worthy, Partner and Head of Fieldfisher’s Space Projects Group
“It’s a delight working with John and the Space Projects Group and it’s a pleasure to share our successes with our partners, without whom, we wouldn’t be where we are now.” — Anthony Baker, CEO and Founder, SatVu
