Tether Investments Limited is an investment firm and a member of the Tether Group, known for operating USDT, the world's largest stablecoin. While not a space company itself, Tether Investments has recently made strategic investments in space-related ventures, such as Satellogic, an Earth Observation data collection company, to advance their mission and U.S. strategy. Tether's investments span various sectors, including sustainable Bitcoin mining, AI, P2P technologies, biotech, sports, and media, demonstrating a diversified portfolio beyond its core fintech business. The company aims to foster economic growth and bridge the gap between traditional finance and decentralized finance.
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Satellogic will issue floating rate secured convertible promissory notes in the aggregate principal amount of $30,000,000 to Tether Investments Limited under the Note Purchase Agreement.