European Defense Ministries Seek Self Sufficiency In Space
British thermal imagery startup SatVu has secured £30 million in funding from the NATO Innovation Fund, the UK government’s British Investment Bank, and other venture capital firms. The investment is part of a broader trend of European defense ministries seeking self-sufficiency in space capabilities, with NATO collectively planning to beef up its acquisition of commercial intelligence, surveillance, and reconnaissance imagery and analysis. SatVu is set to launch its HotSat-2 satellite on SpaceX’s Falcon 9, with the company’s technology potentially supporting European defense ministry interests. This development was first reported by Breaking Defense.