In this paper, we present a new hyperspectral compact camera which is designed to have high spatial and spectral resolutions, to be vibrations tolerant, and to achieve state-of-the-art high optical throughput values compared to existing nanosatellite hyperspectral imaging payloads with space heritage. These properties make it perfect for airborne and spaceborne remote sensing tasks. The camera has both hyperspectral and panchromatic imaging capabilities, achieved by employing a wedge-shaped liquid crystal cell together with computational image processing. The hyperspectral images are acquired through passive along-track spatial scanning when no voltage is applied to the cell, and the panchromatic images are quickly acquired in a single snapshot at a high signal-to-noise ratio when the cell is voltage driven.