► PTH VC fund, backed by CSG, invests in UK-based SatVu, strengthening space and thermal intelligence capabilities
19. 2. 2026 – Presto Tech Horizons (PTH), a venture capital fund in which CSG is a partner and investor, has supported UK-based technology company SatVu through a GBP 30 million investment round. The round was led by the NATO Innovation Fund and included participation from other institutional investors. SatVu is developing a unique high-resolution thermal Earth observation technology from space, enabling continuous monitoring of activity and infrastructure status both day and night. The technology offers significant potential for defence, security and the protection of critical infrastructure across NATO member states.
With this round, SatVu’s total capital raised since inception has reached GBP 60 million. The current investment round was led by the NATO Innovation Fund, with participation from the British Business Bank, Presto Tech Horizons and Space Frontiers Fund II (managed by SPARX Asset Management), alongside existing investors including Molten Ventures, Adara Ventures, Ridgeline Ventures, NOA, Lockheed Martin, Seraphim Space Fund and Stellar Ventures.
“We are pleased to see the Presto Tech Horizons portfolio expand with another technologically advanced project that has a clear security and alliance dimension. SatVu brings a unique capability that can significantly enhance situational awareness and decision-making for states and their armed forces. CSG supports technologies that shape the future of defense and security,” said David Chour, Member of the Board of Directors of CSG.
The investment strengthens SatVu’s institutional backing at a time when the company is transitioning from technology demonstration to stable commercial operations and the development of a fully fledged multi-satellite constellation. The newly raised funds will enable SatVu to accelerate the deployment of its satellite constellation and expand its thermal intelligence capabilities—namely, the analysis of heat signatures associated with industrial, logistical or military activity. The technology has substantial potential for defence, security and the protection of critical infrastructure across NATO countries.
According to SatVu’s management, the new financing represents a key milestone on the path to scaling its services. “This funding provides SatVu with a clear trajectory for scaling. We have a defined plan for our multi-satellite constellation and investors who match our ambition and pace of execution. This round enables us to transition to stable service delivery as early as this year and to prepare the company for its next phase of growth,” said Camilla Taylor, Chief Financial Officer of SatVu.
SatVu plans to launch the HotSat-2 and HotSat-3 satellites in 2026. Additional satellites (HotSat-4 and HotSat-5) are already contracted and in production, together with long-lead components for the HotSat-6 mission. While a single satellite can observe any location on Earth, a multi-satellite constellation significantly increases revisit frequency. This enables detailed and regular monitoring of changes in activity, operational readinessand infrastructure status—day and night—at a scale and cadence that other commercial sensors cannot provide.
“SatVu’s thermal intelligence technology can provide governments and companies across NATO countries with a level of detail that has not previously been commercially available. We are pleased to support SatVu in transforming the Earth observation market and in delivering critical insights for the security, financial and commodities sectors, helping to safeguard both defence and economic activity across the Alliance,” said Trisha Saxena, Senior Associate at the NATO Innovation Fund.
CSG and advanced technologies
For CSG, its involvement in PTH represents one of the instruments for maintaining close engagement with emerging technologies and early-stage companies with dual-use potential. The fund focuses on areas such as artificial intelligence, autonomy, space technologies, quantum computing and advanced defence systems. In addition to SatVu, the PTH portfolio includes companies such as Bavovna (AI-based GPS-denied drone navigation), Vidar Systems (AI-enabled acoustic artillery detection), BlueQubit (quantum software), Occam Industries (autonomous drone operations) and Firehawk Aerospace (advanced rocket propulsion).
At the same time, CSG is advancing the development of cutting-edge technologies within its own structure. The Group includes UpVision, focused on technologies for unmanned systems and U-space solutions; Pocket Virtuality, which develops virtual and augmented reality solutions; and CSG AI, a subdivision connecting internal development teams and advancing artificial intelligence applications for industrial, aerospace and defence use.
