£30.0M
The British Business Bank contributed £5m to the £30m financing alongside several new and existing backers.
SatVu provides high-resolution thermal imagery from space for defence and security intelligence.
SatVu operates a satellite network equipped with thermal imaging technology to deliver intelligence for defence and security applications. The firm is transitioning from a single spacecraft to a fully fledged multi-satellite constellation.
Anthony Baker
Co-Founder and CEO
The British Business Bank contributed £5m to the £30m financing alongside several new and existing backers.
The funding round forms part of a wider £20m financing package to accelerate the deployment of the HotSat constellation.