British startup SatVu has secured £20mn (€24mn) to fuel the development of its hyper-accurate thermal imaging satellites that act like a thermometer for the whole planet.  The cash injection includes £10mn (€12mn) in equity from Spanish VC Adara Ventures and British tech-focused fund Molten Ventures. The remainder comes from an insurance payout, the startup said.  The funding will propel the launch of two new satellites in its HotSat constellation, which are scheduled to liftoff next year.

Topics:  spanish vc adara   molten    hotsat-2   hotsat-3   satvu s   when hotsat-1   the next web   satvu    the   ventures   hotsat   hotsat-1   €24m   startup   thermal   satellites   british   launched   
BING NEWS:
  • Fuelled by €24M, UK startup gears up to put more thermal satellites in orbit
    British startup SatVu has secured £20mn (€24mn) to fuel the development of its hyper-accurate thermal imaging satellites that act like a thermometer for the whole planet.  The cash injection includes ...
    12/1/2024 - 10:15 pm | View Link
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