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GHGSat lands $47M, readies two satellites for launch

by Rory MacDonald-Gauthier
October 20, 2025
in GHGSat
GHGSat lands $47M, readies two satellites for launch

2025 Investor Snapshot: GHGSat

Updated: Oct 20, 2025
$47 millionCAD (2025)
  • Structure: Convertible notes + debt (undisclosed split)
  • New lead investor: Yaletown Partners
  • Participants: Fonds de solidarité FTQ, BDC Capital
  • Debt lead: National Bank of Canada (with EDC support)

Cumulative raised (since 2011): $173M CAD (equity + debt).

Use of proceeds: global expansion, constellation growth, analytics & R&D.

Teodor (C14) & Laila (C15) — Launch Window

Target: Fall 2025 • Mission: Methane monitoring • Ride: SpaceX Falcon 9, Transporter-15 mission (assumed)
Sep

Nov

Why it matters: More capacity & revisit in asset-dense regions, faster leak detection-to-fix cycle.

Ecosystem: Partners include ABB (sensors), Spire Global (space services), SpaceX (launch).

Names honor employees’ children. Source: GHGSat satellite expansion announcement (2025).

GHGSat is expanding its mission to expand space-based methane monitoring. The Montreal-based company announced two new methane-monitoring satellites (C14 aka “Teodor” and C15 aka “Laila”), scheduled to launch in fall 2025.

While the specific launch vehicle date is not confirmed, one can assume it will be aboard a SpaceX Falcon 9 during the Transporter-15 rideshare in November 2025 from Vandenberg SFB. The naming of the two satellites is a continuing tradition by GHGSat, who name their hardware after employees’ children to underscore the company’s mission and long-term impact.

The two new satellites will boost capacity in asset-dense regions and extend a fleet already delivering near-continuous, asset-level methane monitoring by leveraging industry partnerships with ABB, Spire Global, and SpaceX. Perhaps one day we’ll see their satellites launch on Canadian rocket made by Reaction Dynamics, NordSpace, or another emerging Canadian rocket supplier.

As of October 20, 2025 GHGSat has launched 14 satellites which track methane emissions from millions of facilities. Most recently they launched the Pierre and Valmay satellites on June 23, 2025. Their first satellite, GHGSat-D (also known as “Claire”) was launched in June 2016. GHGSat aims to have 21 satellites in orbit by 2026.

GHGSat Satellite Launches Updated Oct 25, 2025

Source: Company releases & launch manifests

Satellite ID Satellite name Launch date Launch vehicle / mission Launch site
GHGSat-D Claire 22 Jun 2016 ISRO PSLV-C34 Satish Dhawan (India)
GHGSat-C1 Iris 02 Sep 2020 Arianespace Vega — VV16 (SSMS rideshare) Kourou (ELV), French Guiana
GHGSat-C2 Hugo 24 Jan 2021 SpaceX Falcon 9 — Transporter-1 Cape Canaveral, SLC-40
GHGSat-C3 Luca 25 May 2022 SpaceX Falcon 9 — Transporter-5 Cape Canaveral, SLC-40
GHGSat-C4 Penny 25 May 2022 SpaceX Falcon 9 — Transporter-5 Cape Canaveral, SLC-40
GHGSat-C5 Diako 25 May 2022 SpaceX Falcon 9 — Transporter-5 Cape Canaveral, SLC-40
GHGSat-C6 Mey-Lin 15 Apr 2023 SpaceX Falcon 9 — Transporter-7 Vandenberg, SLC-4E
GHGSat-C7 Gaspard 15 Apr 2023 SpaceX Falcon 9 — Transporter-7 Vandenberg, SLC-4E
GHGSat-C8 Océane 15 Apr 2023 SpaceX Falcon 9 — Transporter-7 Vandenberg, SLC-4E
GHGSat-C9 Juba 11 Nov 2023 SpaceX Falcon 9 — Transporter-9 Vandenberg, SLC-4E
GHGSat-C10 Vanguard (CO₂) 11 Nov 2023 SpaceX Falcon 9 — Transporter-9 Vandenberg, SLC-4E
GHGSat-C11 Elliot 11 Nov 2023 SpaceX Falcon 9 — Transporter-9 Vandenberg, SLC-4E
GHGSat-C12 Pierre 23 Jun 2025 SpaceX Falcon 9 — Transporter-14 Vandenberg, SLC-4E
GHGSat-C13 Valmay 23 Jun 2025 SpaceX Falcon 9 — Transporter-14 Vandenberg, SLC-4E

Separately, the company secured $47 million CAD in new financing to scale its constellation and analytics platforms. The two moves deepen GHGSat’s capacity to pinpoint industrial methane leaks and expand its global footprint. GHGSat’s satellites pinpoint the source of methane leaks as small as 100 kg/hr, right down to individual equipment.

“The confidence from our investors, demonstrated through this new financing, underscores the growing global demand for emissions monitoring,” said Stephane Germain, CEO of GHGSat in a press release on September 15. “At GHGSat, we are laser focused on building the most operationally useful technology on the market, coupled with advanced analytics capabilities that transform raw data into emissions intelligence.”

Tags: FundingGHGSatsatellite

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