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) 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.
Satellogic (NASDAQ: SATL), a leader in Earth Observation (EO) data, announced participation in two major events: the World Satellite Business Week from September 12-16, and the International Astronautical Congress from September 18-22, both in Paris, France. The company's CCO, Matt Tirman, emphasized their goal to democratize EO data and expand their satellite constellation for daily remapping of Earth. CEO Emiliano Kargieman will engage in a fireside chat at the World Satellite Business Week, showcasing Satellogic's commitment to high-resolution geospatial insights.
Satellogic (NASDAQ: SATL) will participate in the Jefferies Industrials Conference in New York City from August 9-10, 2022. The company’s EVP & GM Global Public Sector, Matt Tirman, will host a Fireside Chat on August 10 at 9:30 AM ET. This session will be available for live viewing and replay on the company’s investor relations site. Satellogic aims to democratize access to geospatial data, providing affordable Earth Observation solutions to address global challenges.
Satellogic (NASDAQ: SATL) has been named a finalist for the Company Award 2022 by the European Association of Remote Sensing Companies (EARSC) for its contributions to the Earth Observation (EO) sector in Europe. The award will be presented on June 14, 2022, at the EXPANDEO & FIRE Forum 2022 in Brussels. CEO Emiliano Kargieman expressed honor at the nomination, highlighting the company's efforts to democratize EO data and its expansion from 26 to 34 satellites by Q1 2023. Satellogic is also involved in various European initiatives, emphasizing its commitment to environmental monitoring and disaster response.
Satellogic Inc. (NASDAQ: SATL) has successfully launched four new satellites, increasing its operational fleet to 26. This launch, part of SpaceX's Transporter-5 mission, positions the company towards its goal of 34 satellites by Q1 2023. These updated NewSats Mark IV models offer enhanced efficiency and capabilities. By the end of 2023, Satellogic aims to deploy over 60 satellites, enabling weekly remaps of the Earth. The long-term plan is to have over 200 satellites by 2025, achieving daily remaps and extensive revisit capability.
Satellogic (NASDAQ: SATL) will participate in the Baird 2022 Global Consumer, Technology & Services Conference in New York City from June 6-8, 2022, and the LD Micro Invitational XII Conference in Westlake Village, CA from June 7-9, 2022. EVP & GM Matt Tirman will hold one-on-one meetings and a Fireside Chat on June 8 at 12:50 PM ET. CFO Rick Dunn and VP Ryan Driver will present at the LD Micro Invitational on June 7 at 5:30 PM ET. Both presentations will be accessible via live webcast. Interested parties can schedule meetings by contacting Satellogic management.
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