The motion of a satellite will be $\text{V}=\text{Ve}$ of projection:

1) $\text{V}<\sqrt{\text{gr}}$ body falls on the surface of earth

2) $\text{V}>\sqrt{\text{2gr}}-$ body escapes along hyperbolic path

3) $\text{V}=\sqrt{\text{gr}}-$ body revolves along circular path

4) $\sqrt{\text{2gr}}>\text{V}>\sqrt{\text{gr}}-$ body revolves in elliptical orbit.