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.
All verified mentions of this organization in source documents.
NextGen builds on Satellogic's proven NewSat architecture.
Satellogic has over a decade of flight heritage and more than 50 successful satellite launches.
Satellogic has introduced a new very high-resolution satellite platform called NextGen.
Maxar expanded its offerings by partnering with Umbra and recently adding Satellogic to create a virtual constellation of imaging capabilities.
Maxar Intelligence and Satellogic signed an exclusive agreement announced on 2024-12-11 that allows Maxar to task, collect, and distribute imagery from Satellogic’s satellite constellation.
Satellogic projected $365,000,000 in revenue for 2024 in the November 2021 SPAC projections.
In September, Satellogic projected $38,000,000 to $58,000,000 in revenues for 2024 and withdrew that guidance in April.
Satellogic generated $10,100,000 in revenue in 2023.
Satellogic planned to launch three more Mark V satellites on SpaceX Transporter-11 in July, as reported in May.
Satellogic raised $30,000,000 from cryptocurrency company Tether Investments Ltd in April.
Satellogic reported a net loss of $61,000,000 in 2023.
Satellogic projected $132,000,000 in revenue for 2023 in documents filed with the SEC in November 2021 as part of a SPAC merger.
Satellogic announced in September 2023 that it would move its headquarters to the United States to facilitate direct access to the U.S. government market rather than working through resellers.
Satellogic raised $30,000,000 through a senior convertible notes agreement with Tether Investments Ltd.
Satellogic had forecasted revenues of $38,000,000 to $58,000,000 in 2024 in September 2023 but subsequently withdrew that guidance.
Satellogic laid off 34 employees, representing about 13% of its workforce at the time, in a 2024-05-24 filing with the U.S. Securities and Exchange Commission.
Satellogic recorded $10,100,000 in revenue in 2023, a 68% increase from 2022.
Satellogic expects to use net proceeds of $27,600,000 from the Tether convertible notes, after transaction fees and expenses, to support company operations.
Satellogic recorded a net loss of $61,000,000 in 2023 versus a net loss of $36,600,000 in 2022.
Satellogic obtained a commercial remote sensing license from the Office of Space Commerce within the National Oceanic and Atmospheric Administration in November 2023.