Welcome to our dedicated page for Satellogic news (Ticker: SATL), a resource for investors and traders seeking the latest updates and insights on Satellogic stock.
Satellogic Inc (SATL) delivers high-resolution Earth observation data through its advanced satellite constellation, serving government and commercial clients worldwide. This news hub provides investors and industry professionals with essential updates on operational developments and strategic initiatives in the geospatial intelligence sector.
Access consolidated coverage of earnings announcements, technology milestones, and partnership agreements. Our curated feed eliminates the need to track multiple sources, offering structured updates on satellite deployment progress, data service expansions, and recognition within the aerospace sector.
Key updates include satellite constellation enhancements, geospatial analytics partnerships, and market expansion initiatives. Each entry provides context about SATL's position in the remote sensing industry while maintaining factual precision about corporate developments.
Bookmark this page for streamlined tracking of SATL's technological advancements and business strategy execution. Return regularly for authoritative reporting on how the company's imaging capabilities support applications from environmental monitoring to infrastructure planning.
Maxar Intelligence has secured Delivery Order 01 under the Luno A program from the National Geospatial-Intelligence Agency (NGA). The contract focuses on providing commercial analytic services using AI/ML-powered object detection for identifying aircraft, ships, ground vehicles, and railcars across multiple locations.
Maxar has partnered with Satellogic Inc. (NASDAQ: SATL), Enabled Intelligence, and Striveworks to deliver this solution, combining persistent monitoring and high-resolution imaging capabilities. The project demands rapid delivery timelines, requiring multiple image collections and model outputs within hours of acquisition.
Satellogic Inc. (NASDAQ: SATL) has secured a multi-million dollar agreement with an undisclosed customer in the Asia Pacific region. The deal provides the customer with access to Satellogic's NewSat constellation for rapid and flexible satellite imagery tasking. Through the company's Aleph platform, a self-service interface, the customer can directly schedule and manage their imagery collections, offering constellation ownership benefits without the associated high costs.
The agreement highlights the growing demand for high-resolution Earth observation data and demonstrates the value of Satellogic's satellite imagery for critical applications. The Aleph platform enables users to maintain a more proactive, responsive, and resilient posture in managing their geospatial needs.
Satellogic Inc. (NASDAQ: SATL) has successfully closed a registered direct offering of 6,451,612 shares of Class A Common Stock at $3.10 per share, raising approximately $20 million in gross proceeds. The offering was conducted with an institutional investor through a definitive share purchase agreement dated April 15, 2025, with Cantor Fitzgerald & Co. serving as the exclusive placement agent.
The company plans to utilize the net proceeds for general corporate purposes. This financing follows their recently announced $30 million AI-first constellation contract and strategic realignment as a U.S. company. The offering was made through a shelf registration statement on Form S-3 previously filed with and declared effective by the SEC.
Satellogic Inc. (NASDAQ: SATL) has secured a $30 million multi-year contract to provide AI-powered Earth observation services to a strategic defense and security customer. The company's innovative satellite constellation delivers near-daily, ultra-low latency analytics by processing data directly onboard satellites.
The contract includes providing multiband optical imagery and real-time AI algorithms for advanced defense applications, including:
- Rapid change monitoring
- Defense target detection (aircraft and vehicles)
- Pattern of life assessment
- Sensitive defense site monitoring
The constellation's capabilities enable quick detection of infrastructure changes, military asset positioning, and activity patterns at critical locations worldwide, with analytics delivered within minutes of capture.
Satellogic (NASDAQ: SATL) has completed its planned domestication process on March 26, 2025, transitioning from a British Virgin Islands business company to a Delaware The company's fundamental structure remains unchanged, including its business operations, assets, liabilities, Board of Directors, executive officers, and principal business locations.
The company's Class A common stock will continue trading under SATL and its warrants under SATLW. CEO Emiliano Kargieman emphasized that this strategic realignment as a U.S. company aims to enhance investor and customer visibility while positioning Satellogic to better compete for U.S. and allied government contracts.
Satellogic (NASDAQ: SATL) reported its 2024 financial results with a 28% revenue increase to $12.9 million. The company secured key commercial milestones, including an exclusive agreement with Maxar Intelligence and selection by NASA for the Commercial SmallSat Data Acquisition Program.
Financial highlights include:
- Cash position of $22.5 million at year-end
- Reduced cash used in operations by 27.6% ($13.7 million)
- Cost of sales improved to 39% of revenue (from 50% in 2023)
- Net loss increased to $116.3 million (from $61.0 million in 2023)
The company completed a $10 million private placement and entered into a $50 million ATM program. Satellogic implemented cost-reduction measures, including workforce reduction of 104 employees, expecting approximately $9.6 million in annual savings. The company is nearing completion of its redomicile to the U.S., aiming to enhance market opportunities and investor transparency.
Satellogic Inc. (NASDAQ: SATL) and Telespazio Brasil have secured a multi-year contract with the Brazilian Air Force (FAB) to provide low-latency satellite imagery for defense and security operations. The agreement includes an initial one-year term with a one-year extension option.
Under the contract, FAB will have access to Satellogic's NewSat constellation and Aleph platform, a self-service interface for scheduling and managing imagery collections. The service will provide sub-meter imagery for defense applications, including near real-time monitoring, change detection, and enhanced situational awareness for mission-critical decision-making.
The partnership enables FAB to directly control their geospatial intelligence capabilities, leading to faster and more effective operational decisions for territory security.
Maxar Intelligence and Satellogic (NASDAQ: SATL) have formed a strategic partnership through a tasking, data licensing and distribution agreement. The deal grants Maxar exclusive rights to task Satellogic's high-revisit satellite constellation for U.S. government and select international partner missions.
The collaboration combines Satellogic's frequent revisit capabilities with Maxar's 30 cm-class high-resolution imaging and AI technologies, creating a unique market offering. This integration enables simultaneous monitoring and change detection across multiple locations, with the ability to collect detailed imagery when needed.
The partnership enhances Maxar's virtual constellation capability by integrating complementary sensors for seamless collection, delivery, and analysis workflows, providing more comprehensive Earth observation data solutions for national security missions.
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