NATO Investment Fund Backs British Thermal Imagery Startup and Spanish Tech Firm
As Europe begins to invest more in military space capabilities, British thermal imagery startup SatVu and Spanish tech firm GMV are among the latest companies to benefit from the trend. SatVu secured $40 million in funding from the NATO Innovation Fund, while GMV expanded its space surveillance program with a new satellite tracking antenna. The investment in SatVu’s HotSat series may signal its potential for European defense ministry interest. Meanwhile, GMV’s COVE center is supporting NATO and European Union space situational awareness activities.