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 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.
Satellogic (NASDAQ: SATL) announced that Chief Commercial Officer Matt Tirman will participate in the Deutsche Bank Global Space Summit on November 9-10, 2022. The event offers a platform for discussing the advancements in Earth Observation data collection. Tirman aims to highlight Satellogic's capabilities in geospatial data applications beyond traditional sectors. The summit will feature a panel discussion moderated by Deutsche Bank's Edison Yu, along with a fireside chat session.
Satellogic (NASDAQ: SATL) announced a strategic investment in Officina Stellare (OS), acquiring approximately 5% ownership with an option to increase to 12% over three years. CEO Emiliano Kargieman will join OS's Board of Directors, enhancing collaborations in aerospace and optical technologies. This investment aims to strengthen Satellogic’s vertical integration, enabling quicker R&D cycles and cost reductions. By partnering with OS, Satellogic seeks to expand its capabilities in the rapidly evolving Space Economy.
Satellogic has announced the promotion of Matt Tirman to Chief Commercial Officer and the addition of Ignacio Zuleta and Sebastien Prioris as new VPs. These appointments aim to enhance customer solutions and improve high-resolution Earth Observation (EO) data accessibility. With 26 operational satellites, Satellogic plans to provide up to 40 revisits of points of interest daily, further unlocking business value for its clients. The company emphasizes its commitment to delivering reliable, affordable EO data.
Satellogic has signed a three-year agreement with the Government of Albania to develop a Dedicated Satellite Constellation under its Constellation-as-a-Service model. This initiative aims to provide Albania with high-resolution satellite imagery to address various issues such as agriculture, urban planning, and environmental monitoring. Albania will receive priority access to two new satellites, Albania-1 and Albania-2, launching with SpaceX. The program is expected to enhance Albania's participation in the New Space Economy.
Satellogic (NASDAQ: SATL) has secured a contract to monitor subnational protected areas globally via its GREEN+ Jurisdictional Programme, utilizing high-resolution satellite imagery until 2025. This initiative aims to combat deforestation by providing reliable data to various stakeholders, ensuring compliance and enhancing conservation efforts. Governments, like Nuevo León, commit to expanding protected areas in support of UN goals. The data will be publicly accessible, promoting transparency and investment in carbon credits.
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