Tohoku University and Hokkaido University started the development of a new 41-kg microsatellite RISING-2 at July 2009. This satellite inherits the development technique of RISING (SPRITE-SAT) launched on January 2009. The progress of RISING-2 project is shown in this paper. Using a Cassegrain telescope with 10-cm diameter and 1-m focal length, earth surface is observed with 5-m resolution from 700-km-alt sun synchronous orbit. By 3-axis attitude stabilization using reaction wheels and star sensors, the designated area on earth surface can be observed. In addition to color images, multi-spectrum images of cumulonimbus are observed by using a liquid crystal tunable filter. As a secondary mission, transient luminous events such as sprite are observed, which is same mission as SPRITE-SAT.