4 years ago

Satellite Vu Raises £15 Million to Launch Satellites for Building Sustainability Data

  • Satellite Vu, a British satellite scale-up, has raised £15 million in an oversubscribed funding round led by Seraphim Space Investment Trust Plc

  • The company aims to launch seven thermal and infrared imaging satellites to provide real-time data on the environmental impact of buildings

  • The funding will be used to launch the first satellite in October 2022, which will collect data on building energy efficiency and emissions

  • Satellite Vu believes this data is crucial for addressing climate change, as the real estate industry is a major contributor to global carbon emissions.

      • ProblemTechnology

      "making buildings more energy efficient and sustainable is a huge challenge, but current methods of monitoring building performance are too expensive and time-consuming, leading to outdated and inaccurate data."

      Solution

      "Satellite Vu uses thermal and infrared imaging satellites to collect real-time data on the energy efficiency of buildings, providing landlords, funders, insurers, and governments with accurate and affordable information to make buildings more sustainable."

      Covered on