From the left: Juan Tomás Hernani (SATLANTIS), Pilar Carrato (CDTI) and Fernando Impuesto (Enagás Emprende)
On 25 November 2021, with the entry of CDTI (the Centre for the Development of Industrial Technology) in its capital, SATLANTIS has closed its second-round investment to which Enagás, Sepi, Orza and Axis-Ico are also incorporated, for a cumulative total of 16.5 million euros.
The entry of CDTI, through its co-investment instrument Innvierte – with Enagás Emprende – and the completion of the financial disbursement by its partners, strengthen SATLANTIS’ position.
This economic boost follows the success obtained by SATLANTIS in Copernicus and ESA projects, with the endorsement of its plans for the detection of methane emissions in the European mission agenda.
With these resources, the company will tackle its internationalisation plan towards the US, the UK, Central Asia and the United Arab Emirates.
It will also reinforce its industrial plan to offer satellite solutions “in just a few months’ delivery time, in an industry accustomed to lead times of years”.
Moreover, it will begin the construction of a new environmental satellite with detection capabilities “covering the entire visible, shortwave and mid-wave infrared spectrum”, which will represent “a new milestone in observation capabilities” as remarked by SATLANTIS’ managers.
At a time when the European Commission is about to issue its regulation on methane emissions for the Oil&Gas sector, while Enagás has been recognised by the United Nations (UNEP programme) as a Gold Standard for “its commitment to sustainability,” SATLANTIS is supporting the initiative with its satellite for detection of methane emissions, scheduled for launch in June 2023.
SATLANTIS has also just delivered the OPTISSE project for the European Defence, leading a consortium of six European companies, in which demonstrated the feasibility of achieving 50cm resolution with its extreme miniaturisation camera technology, an area reserved to a few companies in the world, with a rating of excellence from the European Commission, which recently awarded a new project to implement the 50cm results obtained and focus them on maritime monitoring.
Links to the other news: