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Satellogic Inc. (Symbol: SATL) is a leading provider of high-resolution satellite imagery catering to government and commercial clients worldwide. With operations spanning North America, Europe, Asia, and South America, Satellogic leverages its proprietary technology to deliver accurate and timely data for a variety of applications including agriculture, forestry, energy, and urban planning.
Founded with the vision to democratize access to space-based data, Satellogic has established strong partnerships, most notably with Tata Advanced Systems Limited. The company's recent achievements include launching multiple satellites to enhance its constellation, ensuring better global coverage and more frequent imaging capabilities.
Key Projects:
- New Satellite Launches: Continual expansion of their satellite fleet to provide high-quality imagery with improved revisit rates.
- Geospatial Analytics: Offering advanced analytics solutions to translate raw data into actionable insights for various sectors.
- Partnerships: Collaborations with leading aerospace and technology companies to integrate and enhance satellite data applications.
Financially, Satellogic derives a significant portion of its revenue from the Asia Pacific region, showcasing its strong market presence and demand in that geography. The company remains committed to innovation, expanding its product offerings, and maintaining its position as a key player in the satellite imagery industry.
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Satellogic Inc. (NASDAQ: SATL) reported a 68% increase in revenue to $10.1 million for the full year 2023. The company received a $30 million strategic investment from Tether Investments and planned to redomicile to the U.S. to compete for U.S. government contracts. Satellogic also announced partnerships with Tata Advanced Systems and Uzma, leading to revenue growth and expansion of its satellite constellation.
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Satellogic secures a $30 million investment from Tether Investments through convertible notes, providing financial flexibility and liquidity. The notes are guaranteed by the company and its subsidiaries, with a maturity date in 2028.
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Tata Advanced Systems (TASL) and Satellogic Inc. (NASDAQ: SATL) successfully deployed TSAT-1A satellite into space, offering high-resolution optical satellite images with advanced capabilities. The collaboration between TASL and Satellogic resulted in the launch of TSAT-1A aboard SpaceX's Falcon 9 rocket for the Bandwagon-1 mission, showcasing TASL's commitment to the space sector.
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Uzma (BURSA:7250.KL) and Satellogic Inc. (NASDAQ: SATL) announced a collaboration to expand access to Earth Observation data and satellite technology in Southeast Asia. The agreement includes leveraging a state-of-the-art EO satellite designed and manufactured by Satellogic that is planned to be launched in the second half of 2024 as 'UzmaSAT-1' aboard a SpaceX Falcon 9 rocket, and extensive tasking access to the Satellogic constellation. This collaboration aims to accelerate the development of valuable geospatial applications, providing actionable insights for a rapidly growing market.
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Tata Advanced Systems Limited (TASL) (NASDAQ: SATL) and Satellogic Inc. are collaborating to establish an Assembly, Integration, and Testing (AIT) facility for satellites in India and co-develop a satellite design. TASL, a leading private sector player for aerospace and defense solutions in India, will work with Satellogic, a leader in sub-meter resolution Earth Observation (EO) data collection, to manufacture satellites and develop imagery in India for national defense and commercial applications. The collaboration aims to accelerate space capacity building and enable the advancement of commercial space capabilities in India.
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Satellogic Inc. (SATL) has been granted a remote sensing license by NOAA, enabling it to pursue high-value opportunities in the U.S. This strategic move positions Satellogic to collaborate with U.S. defense, intelligence, and civilian agencies to provide rapid, accurate, and trusted geospatial data. The company also plans to redomicile to the U.S. by the first half of 2024, aiming to target new U.S. intelligence opportunities in addition to its international pipeline.
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Satellogic reports 33% revenue growth in 1H 2023 and plans to redomicile to the US. The company launched 12 new satellites and focuses on high-growth opportunities in the US market. They also announced their first Space Systems customer.
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Skyloom Global Corp. signs agreement with Satellogic Inc. to integrate Optical Communications Terminal onto Satellogic satellites
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Satellogic Inc. signs strategic agreement with Quant Data & Analytics to leverage high-resolution satellite imagery for real estate and retail sectors in Saudi Arabia and Gulf region.
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Satellogic successfully launches four NewSats Mark-V spacecraft, advancing its goal of bi-weekly global remapping and enhanced geospatial capabilities. Satellogic now has 38 microsatellites in orbit, the largest commercial fleet of sub-meter resolution satellites in the world.
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FAQ
What is the current stock price of Satellogic (SATL)?
The current stock price of Satellogic (SATL) is $3.06 as of February 28, 2025.
What is the market cap of Satellogic (SATL)?
The market cap of Satellogic (SATL) is approximately 274.4M.
What does Satellogic Inc. do?
Satellogic Inc. provides high-resolution satellite imagery to governmental and commercial clients globally.
In which regions does Satellogic operate?
Satellogic operates in North America, Europe, Asia, and South America.
Where does Satellogic derive most of its revenue from?
Satellogic derives the majority of its revenue from the Asia Pacific region.
What are some recent achievements of Satellogic?
Recent achievements include launching new satellites to enhance global coverage and forming strategic partnerships like with Tata Advanced Systems Limited.
Who are the primary customers of Satellogic?
The primary customers are governments and commercial entities requiring high-resolution satellite imagery.
What applications does Satellogic's satellite imagery support?
Applications include agriculture, forestry, energy, and urban planning.
What are the key projects of Satellogic?
Key projects include expanding their satellite fleet, providing geospatial analytics, and forming strategic partnerships.
What technology does Satellogic use for its services?
Satellogic uses proprietary satellite technology to deliver high-resolution and timely data.
How does Satellogic contribute to geospatial analytics?
Satellogic offers advanced geospatial analytics to translate raw data into actionable insights for various sectors.
How does Satellogic ensure the quality of its satellite imagery?
Satellogic ensures quality through continual expansion and upgrading of its satellite constellation, providing better global coverage and frequent imaging capabilities.
Satellogic Inc