Hyperspectral images and multispectral images are closely related. Hyperspectral images are collected over a narrow band that is continuous and borders one another so a range of the spectral band represents the full sequence of pixels in the section. Whereas, multispectral is made up of many small individual images within a given narrow spectrum.

Hyperspectral sensors are more expensive than multispectral sensors, but their use in agriculture is on the rise. These sensors can help agriculturist monitor their crops for crop development and early detection of disease or give light to stress factors that are affecting the crop field, for instance: drought, the results of pesticide application on seeds and plants, or the early detection for the presence of heavy metals in the plants well before it is time to harvest them.

Reference: Hyperspectral Imaging Wikipedia