Anthony Baker, CEO & Co-founder of SatVu, states, 'With the invaluable new support from Adara Ventures, alongside the continued backing of our existing investor network, we're accelerating our mission to deliver unparalleled thermal insights that empower industries and governments to take decisive climate action. The launch of HotSat-2 and HotSat-3 will bring us closer to a net-zero future by providing the data needed to address the most pressing environmental and energy challenges of our time.'
The equity funding was supported by existing investors like NOA, Lockheed Martin, Seraphim, Ridgeline, and Stellar Ventures, showcasing strong investor confidence in SatVu's innovative approach to climate technology.
These satellites will provide critical, near real-time thermal data, essential for understanding energy transition, monitoring infrastructure and economic activity, and driving targeted action towards climate mitigation and resilience.
The HotSat constellation, which started with the launch of HotSat-1 in June 2023, has improved how the planet is monitored, capturing clear 3.5m resolution thermal data to provide new insights into global carbon emissions and energy use.
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