Tag: SatVu
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SatVu HotSat-2 Delivers First Commercial Thermal Images
Can SatVu’s Second Thermal Satellite Succeed Where Its First Failed? British startup SatVu has successfully captured its first commercial thermal imagery from HotSat-2, marking a critical milestone after its predecessor HotSat-1 failed just six months after launch. The Surrey Satellite Technology Ltd.-built satellite delivered high-resolution thermal images of energy infrastructure across Cuba, India, and Australia…
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Seraphim Space Investment Trust Reports 20% NAV Growth as Space Startups Gain Government Contracts
Seraphim Space Investment Trust reported strong financial results for the second half of 2025, with its portfolio benefiting from increased government investment in space technologies and growing demand for commercial space infrastructure. The company said its net asset value rose 20% during the period to £337.5 million (€388.3 million). The fair value of its portfolio…
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NRO Awards First Contracts to Commercial Space Firms Under New Procurement Program
The U.S. National Reconnaissance Office (NRO) has awarded its first three contracts under a new procurement program aimed at expanding access to commercial satellite intelligence capabilities, Deputy Director Maj. Gen. Christopher Povak said on Thursday. Speaking at the National Security Space Association’s Defense and Intelligence Space Conference, Povak said the contracts were issued through the…