SatVu wins €1M ESA marketplace support thermal imaging project
SatVu, a pioneer in climate technology, has secured a €1 million project to reduce its time-to-market and scale up its operations by partnering up with one of the world’s foremost independent energy and commodities trading companies.
This collaboration is supported by the European Space Agency’s newest commercialisation initiative, the ESA Marketplace, part of the ScaleUp INVEST Programme element. The ESA Marketplace fosters the commercial development of companies in upstream and downstream new and emerging markets to achieve sustained commercial growth. The partnership will leverage SatVu's high-resolution thermal imaging technology to enhance monitoring capabilities within the energy sector – marking a significant advancement in satellite-based monitoring of industrial sites.
SatVu has redefined Earth Observation with the HotSat constellation, featuring the world’s first high-resolution thermal sensor with a 3.5m resolution and exceptional night-time monitoring capabilities. Where previous space-based thermal images had a resolution of 50–100m, the HotSat constellation’s 20x greater clarity now enables asset-level applications, providing critical insights for organisations in the energy sector.
To enable a low-carbon future, SatVu is playing a pivotal role in providing high-resolution thermal data that supports energy stability and environmental sustainability. These thermal insights offer unique data on activity levels across various stages of energy production and supply chains.
“The ESA Marketplace is designed to ensure European companies like SatVu remain globally competitive, and ahead of the curve. The way SatVu is addressing one of the most promising Earth Observation market segments while enabling the global transition to a more sustainable future is commendable. As a European company, which has been backed by our ESA Investor Network, and now the ESA Marketplace, SatVu’s technology solution is aligned with ESA’s Green Agenda for monitoring and understanding of our constantly changing planet Earth.” said Dr. Gianluigi Baldesi, Head of the Ventures and Financing office at the European Space Agency
Understanding key energy sector fundamentals, such as production activity, is essential for effective planning in today’s evolving landscape. Insights from SatVu’s HotSat-1 archive will equip energy organisations with the tools and processes needed to prepare for the enhanced capabilities of HotSat-2 and HotSat-3, set to launch in 2025.
“This ESA-supported initiative is a major milestone for SatVu,” said Anthony Baker, CEO of SatVu. “Our high-resolution thermal data will offer critical insights into the energy market, showcasing the transformative power of our technology. This collaboration validates our efforts and sets the stage for future advancements by enhancing global monitoring, which in turn will lead to more informed decision-making.”
By addressing a significant gap in the market, SatVu is poised to make a profound impact on how we monitor and understand our planet.