GLASSBORO, N.J. – The Chief Executive Officer of SpaceBel, Thierry Du Pre-Werson, stated that a small Belgian firm famous for its job on European Space Agency agendas had developed a spinoff company to control a constellation of 5 to 10 hyperspectral imaging satellites. SpaceBel, which is a space software and systems company, is anticipated to contribute about 10 million Euros ($11.8 million) in the year 2021 to launch the development of constellation and plan for a display satellite send-off in 2023. He added that SpaceBel in May created the spinoff company, dubbed ScanWorld with Belgian venture firm SRIW and that SpaceBel is the main stakeholder. However, it will slowly dilute its stake in the outside venture.
Thierry Du Pre-Werson confirmed that the correct ScanWorld constellation details are still being completed, and design work thus far focuses on satellites between 100 as well as 200 kilograms able to capture a sub-30-meter resolution. SpaceBel created ScanWorld to generate a standalone industry for remote sensing purposes. It has widened through effort on other satellite schemes. He added that SpaceBel will offer the ground section for ScanWorld, and will probably incorporate its satellites.
SpaceBel is offering software for the asteroid operation Hera of ESA, the 2 formation-flying Proba-3 satellites, and ground apparatus intended for the agency’s ALTIUS greenhouse gas operation. Pre-Werson confirmed that the company is occupied in the satellite integration plan in Indonesia, South America, and Africa for consumers he was not at freedom to reveal.
SpaceBel foresaw a consortium of companies to develop a hyperspectral satellite for Vietnam under a 2014 contract, but after one year of financial difficulty in Vietnam, the agreement was terminated.
The deputy CEO to ScanWorld, Guerric de Crombrugghe, stated that ScanWorld would seek to invest capital for most of its Series A, with a share of funds coming from SRIW and SpaceBel.
Crombruggle stated that ScanWorld anticipated having its initial group of satellites in the orbit in the year 2025, and to accomplish fully equipped capacity with a subsequent set in 2026. Crombruggle added that ScanWorld would center first on offering hyperspectral imagery to the undergrowth market and before intensifying into other sectors, incorporating potentially defense, asset, and energy monitoring. He added that whatever one thinks of, there is a system for hyperspectral imaging, and people have to begin from somewhere. For their case, they start with forestry and agriculture. ScanWorld will contend with other startups of hyperspectral like San Francisco’s Orbital Sidekick, Argentina’s Satellogic, and Washington’s HySpecIQ.