Orbital velocity is the minimum velocity that is needed to put the satellite into a given orbit around Earth. Consider a satellite of mass ‘m’ moving around in an orbit at height ‘h’ above the ground. Let M be mass of Earth, R be the radius of earth and the orbital velocity be Vo.
We know that, Fg = \(\frac{GMm}{(R+h)^2}\)
and centrifugal force FC = \(\frac{GV_o^2}{(R+h)}\)
In equilibrium i.e., while rotating around the orbit
(Since, h << R ; R + h = R)
\(\frac{V_o}{V_{esc}} \) \(\frac {\sqrt {gR}}{\sqrt {2gR}} = \frac {1} {\sqrt2}\).