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Satellogic

UY
commercialFounded 2010
Uruguay
www.satellogic.com
Admin Edit

All verified mentions of this organization in source documents.

Satellogic’s existing factory in Uruguay can produce 24 satellites a year.

Mentioned as: SatellogicTechnical ProductJan 2, 2023Revenue shortfall causes layoffs and delays at Satellogic

Satellogic delayed completion of a new high-throughput satellite manufacturing facility in the Netherlands that was planned to open in 2022.

Mentioned as: SatellogicOrg RelationshipJan 2, 2023Revenue shortfall causes layoffs and delays at Satellogic

Some of the 10 satellites Satellogic launched in October 2020 could be retired by the end of 2023 as they reach the end of their three-year design life.

Mentioned as: SatellogicOrg RelationshipJan 2, 2023Revenue shortfall causes layoffs and delays at Satellogic

Satellogic signed a contract with SpaceX in May 2022 to launch 68 satellites on an unspecified number of launches.

Mentioned as: SatellogicOrg RelationshipJan 2, 2023Revenue shortfall causes layoffs and delays at Satellogic

Satellogic laid off 18% of its workforce in the third quarter, reducing its staff to about 380 people.

Mentioned as: SatellogicNarrative GeneralJan 2, 2023Revenue shortfall causes layoffs and delays at Satellogic

Satellogic projects an adjusted EBITDA loss of $20–35 million in 2023, breakeven in 2024, and positive adjusted EBITDA of $35–90 million in 2025.

Mentioned as: SatellogicNarrative FinancialJan 2, 2023Revenue shortfall causes layoffs and delays at Satellogic

Satellogic raised $168,000,000 when its SPAC merger closed in January 2022 and projected having $78–82 million of cash on hand at the end of 2022.

Mentioned as: SatellogicTechnical ProductJan 2, 2023Revenue shortfall causes layoffs and delays at Satellogic

Satellogic will end 2023 with no more than 47 satellites instead of the 111 satellites projected in November 2021.

Mentioned as: SatellogicNarrative GeneralJan 2, 2023Revenue shortfall causes layoffs and delays at Satellogic

In November 2021, Satellogic projected revenue of $47,000,000 for 2022 and an adjusted EBITDA loss of $2,000,000 as part of its SPAC merger materials.

Mentioned as: satellogicNarrative FinancialJan 2, 2023Revenue shortfall causes layoffs and delays at Satellogic

Satellogic announced a letter of intent with the Mexican space agency AEM for a constellation-as-a-service agreement on 2022-12-13.

Mentioned as: SatellogicOrg RelationshipJan 2, 2023Revenue shortfall causes layoffs and delays at Satellogic

The LOI with Agencia Espacial Mexicana provides a framework to develop a Constellation-as-a-Service program leveraging Satellogic satellites to deliver high-resolution multispectral imagery with 0.7 m ground sample distance.

Mentioned as: satellogicNarrative CapabilityDec 14, 2022Satellogic Signs Letter of Intent with Mexico’s Space Agency for Dedicated Satellite Earth Observation Program

Satellogic’s Constellation-as-a-Service program is designed to introduce increased Earth Observation autonomy for the government of Mexico to support programs across defense, agriculture, maritime security, census, and geography.

Mentioned as: SatellogicTechnical ProductDec 14, 2022Satellogic Signs Letter of Intent with Mexico’s Space Agency for Dedicated Satellite Earth Observation Program

Satellogic signed a letter of intent with Agencia Espacial Mexicana to develop a Constellation-as-a-Service program to monitor approximately 2 million square kilometers of Mexico.

Mentioned as: SatellogicNarrative FinancialDec 14, 2022Satellogic Signs Letter of Intent with Mexico’s Space Agency for Dedicated Satellite Earth Observation Program

Satellogic’s Constellation-as-a-Service model provides a low-risk, cost-effective entry point for nations to use Earth Observation satellites for geospatial science, economic applications, emergency response, and sustainability planning.

Mentioned as: SatellogicTechnical ProductDec 14, 2022Satellogic Signs Letter of Intent with Mexico’s Space Agency for Dedicated Satellite Earth Observation Program

The U.S. government operates electro-optical imaging satellites and also buys imagery from commercial providers Maxar, BlackSky, Planet, and Satellogic.

Mentioned as: SatellogicOrg RelationshipDec 8, 2022Terran Orbital creates new business unit to produce imaging satellites

The planned Satellogic downlink and processing ground station at the e-GEOS Matera Space Centre is intended to provide customers with an advanced level of service.

Mentioned as: satellogicOrg RelationshipNov 16, 2022e-GEOS and Satellogic Collaborate to Advance EO Data Services

e-GEOS and the Telespazio group may use imagery from the Satellogic Aleph-1 constellation to create and distribute value-added and derivative products.

Mentioned as: SatellogicOrg RelationshipNov 16, 2022e-GEOS and Satellogic Collaborate to Advance EO Data Services

e-GEOS and Satellogic intend to work together to set up a Satellogic downlink and processing ground station at the e-GEOS Matera Space Centre.

Mentioned as: SatellogicTechnical ProductNov 16, 2022e-GEOS and Satellogic Collaborate to Advance EO Data Services

The e-GEOS–Satellogic agreement opens the possibility of delivering data and services worldwide with a potential near-real-time focus in Europe and the Mediterranean basin.

Mentioned as: SatellogicOrg RelationshipNov 16, 2022e-GEOS and Satellogic Collaborate to Advance EO Data Services

The Master Service Agreement enables e-GEOS and the Telespazio group to task new imagery from the Satellogic Aleph-1 constellation and to order imagery from Satellogic’s archive.

Mentioned as: SatellogicTechnical ProductNov 16, 2022e-GEOS and Satellogic Collaborate to Advance EO Data Services
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