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.
Satellogic (NASDAQ: SATL) has announced its participation in the 35th Annual ROTH Conference from March 12-14, 2023, at The Ritz Carlton, Laguna Niguel. Key executives, including Rick Dunn, Chief Financial Officer, and Ryan Driver, Vice President of Strategy and Corporate Development, will attend in-person. They will engage in one-on-one meetings to share insights on the Company's strategic initiatives and forthcoming milestones. The conference aims to foster discussions about Satellogic's mission, which focuses on democratizing access to geospatial data and enhancing Earth observation capabilities.
Satellogic (NASDAQ: SATL) announced its participation in several global industry conferences in January and February 2023, including the 15th European Space Conference in Brussels, SmallSat Symposium in Mountain View, CA, Global Space and Technology Convention in Singapore, SpaceCom 2023 in Orlando, FL, and MINEXCHANGE in Denver, CO. CEO Emiliano Kargieman will speak at key sessions to promote Earth Observation innovations. The conferences aim to enhance collaboration in the space sector and showcase Satellogic's advancements in geospatial data solutions.
Satellogic (NASDAQ: SATL) has successfully deployed four new satellites, increasing its operational fleet to 30. Launched via SpaceX from Cape Canaveral, this deployment includes the Albania-1 and Albania-2 satellites, supporting a three-year agreement with the Republic of Albania for monitoring applications. The newly deployed NewSat Mark V-B model features enhanced capabilities, including higher resolution and improved onboard systems. This expansion aligns with Satellogic's goal to offer comprehensive Earth observation services globally.
Satellogic (NASDAQ: SATL) announced strong growth in Asset Monitoring revenue, achieving a 35% CAGR through October 2022. The company has secured a multi-million-dollar deal with the Republic of Albania for its Constellation-as-a-Service (CaaS) offering. With $124 million in cash as of 1H 2022, Satellogic expects to end the year with $78 - $82 million while maintaining a debt-free business model. They have launched a new Space Systems line, providing satellite sales with rapid build-to-launch times. Full financial results for 1H 2022 will be released before year-end.
Satellogic (NASDAQ: SATL) has signed a letter of intent with Agencia Espacial Mexicana to develop a Constellation-as-a-Service program aimed at enhancing Mexico's geospatial data capabilities. The agreement covers monitoring approximately 2 million square kilometers with high-resolution multispectral imagery up to three times a year. This initiative is designed to support various sectors including defense, agriculture, and maritime security, reflecting Satellogic's strategy to provide cost-effective Earth Observation solutions. The program also encompasses a pilot project utilizing archived imagery.
Satellogic (NASDAQ: SATL) has appointed Matthew Brannen as VP of Legal, enhancing compliance and regulatory leadership as the company expands into new markets. Brannen, with nearly 15 years of legal experience, will oversee global legal operations and improve operational efficiencies. His expertise in navigating compliance hurdles is expected to support Satellogic's growth in government and commercial sectors, where they provide scalable Earth Observation data products.
Satellogic (NASDAQ: SATL) will conduct a business update call on December 15, 2022, at 4:30 p.m. ET. CEO Emiliano Kargieman and CFO Rick Dunn will discuss 2022 achievements and 2023 goals, followed by a Q&A session. Investors can join via a toll-free dial-in or access the presentation online. The update will focus on progress and future plans for Satellogic's Earth Observation technology, which aims to provide affordable geospatial data solutions. A replay will be available until January 15, 2023.
Satellogic (NASDAQ: SATL), a leader in Earth Observation data, announced participation in significant conferences in December 2022, including the Berlin Security Conference (Nov 30 - Dec 1), USGIF GEOGala (Dec 1), and the Reagan National Defense Forum (Dec 2-3). CEO Emiliano Kargieman will speak at the Berlin event, emphasizing the potential of Earth Observation in global defense and security. The company aims to showcase its satellite capabilities to leaders in defense and intelligence sectors, aiming for increased collaboration and business opportunities.
Satellogic (NASDAQ: SATL), a leader in sub-meter resolution Earth Observation data, announced that Ryan McKinney, President of Satellogic North America, will present at AWS re:Invent 2022. The presentation, titled "Accelerating Capacity: EO Data and Insight Delivery", is scheduled for November 29 from 5:00 PM to 6:00 PM at Caesars Forum. McKinney emphasized how AWS enhances the accessibility and reliability of Earth Observation data, essential for applications like disaster response and environmental monitoring. This event runs from November 28 to December 2 in Las Vegas.
Satellogic (NASDAQ: SATL) announced that CEO Emiliano Kargieman and CCO Matt Tirman will attend the IISS Manama Dialogue from November 18-20, 2022. The invite-only event, held in Bahrain, focuses on regional security issues and brings together political figures, ministers, and business leaders. Satellogic specializes in sub-meter resolution Earth Observation data, providing geospatial intelligence solutions for national security and sustainability applications. The company aims to democratize access to geospatial data to tackle global challenges like climate change and food security.
FAQ
What is the current stock price of Satellogic (SATL)?
What is the market cap of Satellogic (SATL)?
What does Satellogic Inc. do?
In which regions does Satellogic operate?
Where does Satellogic derive most of its revenue from?
What are some recent achievements of Satellogic?
Who are the primary customers of Satellogic?
What applications does Satellogic's satellite imagery support?
What are the key projects of Satellogic?
What technology does Satellogic use for its services?
How does Satellogic contribute to geospatial analytics?
How does Satellogic ensure the quality of its satellite imagery?
