Satellogic is a vertically integrated Earth Observation (EO) company that designs, manufactures, and operates its own constellation of satellites. They provide high-resolution imagery and full-motion video data, with frequent revisits, for various applications across industrial, environmental, and governmental sectors. Satellogic partners with organizations like NASA, Maxar, Ursa Space, and SkyFi, and aims to democratize access to geospatial analytics.
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Liberty Strategic Capital invested $150,000,000 in Satellogic.
Each Satellogic satellite has a daily data collection capacity of 300,000 km² and is equipped with high-resolution multispectral imagery, hyperspectral imagery, and full-motion video capabilities.
Under the partnership, Satellogic will lead tender responses and Kleos Space will provide precision radio frequency geolocation data and low earth orbit technology support.
Satellogic can remap any country or region in its entirety every month.
Satellogic delivers up to four daily revisits of any point of interest using its satellites.
Ursa Space customers can search and order archived imagery from Satellogic or task new imagery from Satellogic.
The Satellogic constellation consists of 17 commercial NewSat satellites in sun-synchronous low Earth orbit.
Ursa Space Systems has added Satellogic Inc. to its Virtual Constellation and Partner Network.
Satellogic captures both multispectral and hyperspectral imagery, producing rich geospatial data streams.
The addition of Satellogic enhances Ursa Space’s Image Services platform, which is the world’s largest one-stop shop for commercial SAR imagery.
Satellogic satellites have a life cycle of three years to keep hardware at peak technological advancement.
Satellogic reduced its 2025 adjusted EBITDA forecast from $473,000,000 to $297,000,000.
Satellogic completed a merger with CF Acquisition Corp. V, a SPAC affiliated with Cantor Fitzgerald, and closed the deal on 2022-01-25.
The additional $150,000,000 investment from Liberty Strategic Capital became necessary to ensure Satellogic had sufficient capital to develop its satellite constellation.
Satellogic reduced its 2025 revenue forecast from $787,000,000 to $480,000,000.
When Satellogic announced the SPAC deal in July, the company expected to raise $271,000,000 through the SPAC’s proceeds and a $100,000,000 private investment in public equity (PIPE) round.
Liberty Strategic Capital invested $150,000,000 in Satellogic, with that investment announced on 2022-01-18.
Satellogic is building a new factory in the Netherlands for high-throughput production of satellites that should be operating at full speed by the third quarter.
Satellogic projects that slightly more than 200 satellites will allow the company to perform daily remaps of the entire planet by 2025.
Satellogic revised its forecast from launching 300 satellites by 2025 to having 202 satellites in orbit by 2025.