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Satellogic Inc. - SATL STOCK NEWS

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. (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. (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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Satellogic (NASDAQ: SATL), a pioneer in sub-meter resolution Earth Observation (EO) data collection, has announced its involvement in three key global industry conferences in May. The Geospatial World Forum will take place from May 2-5 in Rotterdam, Netherlands, where Solange Uwera will participate as a panelist. Following this, the Space Meetings Veneto will be held from May 15-17 in Venice, Italy, featuring presentations by CEO Emiliano Kargieman and VP of Supply Chain Alessandro Comune. Lastly, the GEOINT 2023 Symposium will occur from May 21-24 in St. Louis, Missouri, USA, where Satellogic will exhibit at Booth #226.

These events highlight Satellogic’s commitment to enhancing its presence within the geospatial industry.

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Satellogic (NASDAQ: SATL) announced the launch of four additional satellites, expanding its fleet to 34 operational units. This deployment occurred during SpaceX's Transporter-7 mission from California on April 14, 2023. The NewSat Mark-IV satellites, equipped with multispectral cameras, will enhance high-resolution Earth Observation (EO) capabilities for commercial and governmental applications.

The company aims to achieve daily global remaps and plans to increase its satellite constellation to over 40 units this year. Satellogic has established a multiple launch agreement with SpaceX, allowing for a total of 68 satellites to be launched. The company also introduced a Space Systems program to facilitate satellite ownership, targeting a price under $10 million and a rapid operational timeframe of 8-3 months.

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Satellogic Inc. (NASDAQ: SATL) has announced a partnership with SkyFi, enhancing access to their Earth Observation (EO) data. This collaboration allows customers to directly task Satellogic satellites via the SkyFi platform, promoting democratized access to high-resolution satellite imagery for both businesses and individuals. With 30 satellites currently in orbit, Satellogic aims to support critical global challenges such as climate change and food security. Future enhancements will enable priority tasking and expanded product offerings, reflecting the rising demand for affordable EO data solutions.

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Satellogic (NASDAQ: SATL), a leader in Earth Observation data collection, has announced its participation in several significant industry conferences in March and April 2023. Key events include the Esri Partner Conference in Palm Springs (March 4-6), the GeoBuiz Summit in Monterey (March 6-8), SATELLITE 2023 in Washington, DC (March 13-16), the World Agri-Tech Innovation Summit in San Francisco (March 14-15), and CYSAT in Paris (April 26-27). The company aims to enhance data access and discuss strategic capabilities at these conferences, showcasing its advanced geospatial technology.

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FAQ

What is the current stock price of Satellogic (SATL)?

The current stock price of Satellogic (SATL) is $1.27 as of November 21, 2024.

What is the market cap of Satellogic (SATL)?

The market cap of Satellogic (SATL) is approximately 112.1M.

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.

Nasdaq:SATL

SATL Rankings

SATL Stock Data

112.06M
56.02M
27.73%
44.27%
0.19%
Aerospace & Defense
Industrials
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United States of America
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