Rather than measuring discrete parts of the EM spectrum, hyperspectral sensors have the potential to measure an entire spectral response curve of the objects they are imaging on the ground.
There are relatively few in space due to the challenge that operating these sensors in space has presented. They have been more widely flown on aircraft platforms.
Spectral analysis of hyperspectral sensor data is generally approached differently to multispectral data, with a range of methods designed specifically for hyperspectral data.
PRISMA hyperspectral sensor, credit: Italian Space Agency
Increased spectral resolution comes at the expense of spatial resolution. In order to collect a clean signal with good signal to noise ratio, a sensor will be limited by the amount of energy it receives. It will receive more energy if the spatial resolution is coarser, and if the band width is wider. Spatial and spectral resolution are therefore related to one another.