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Satellogic shares declined from a high of $4.03 in January to close at $1.36 on 2023-09-21.
Satellogic projected $132,000,000 in revenue for 2023 during a November 2021 analyst day presentation.
Satellogic will use Skyloom’s Optical Communications Terminal to test new methods of high-resolution Earth observation data delivery via the SkyCompass-1 geostationary laser communication network and via direct downlink to a gateway within view of the low-altitude image area.
As a first commissioning step, a Satellogic spacecraft will perform a low Earth orbit-to-ground link by handshaking with Skyloom’s optical ground station in Broomfield, Colorado.
Satellogic has completed 15 missions to date and aims to reach more than 200 satellites in orbit for daily global remaps.
Satellogic will test new methods of high-resolution Earth observation data delivery using Skyloom’s OCT through the SkyCompass-1 GEO lasercom network infrastructure.
SE-1 is a space-based computer integrated with a Satellogic spacecraft launched in January on a SpaceX Falcon 9 rocket.
Satellogic Inc. (NASDAQ: SATL) signed an agreement with Quant Data & Analytics to provide high-resolution satellite imagery across the Kingdom of Saudi Arabia and the Gulf region.
Quant Data & Analytics will collaborate with Satellogic to develop derivative products that expand the adoption of data science, AI, and SaaS products for real estate and retail.
Satellogic’s Mark V includes a hyperspectral camera that provides 18-meter resolution imagery.
Satellogic’s Mark V satellites cost about $1,000,000 each to build and launch.
Satellogic began launching Mark V satellites in 2022 and Mark V obtains 80-centimeter multispectral resolution imagery compared with 99-centimeter resolution for Mark IV.
Satellogic’s Mark V satellites include a more spacious hosted payload bay, upgraded radios and computers, and improved downlink capabilities compared with Mark IV.
Satellogic is planning a NewSat in 18 to 24 months that will use a larger bus and provide much higher resolution imagery.
Satellogic's NewSat-40 through NewSat-43 were deployed using CarboNIX separation systems on Transporter-8.
Exolaunch provided Satellogic with deployment hardware, integration, and deployment services on Transporter-8.
Satellogic expects to build and launch up to 10 additional NewSats Mark-V satellites in 2023 to increase its ability to remap the Earth every two weeks by the end of 2023.
Four NewSats Mark-V spacecraft built by Satellogic reached low Earth orbit following a SpaceX Falcon 9 launch on 2023-06-12 from Vandenberg Space Force Base in California.
Satellogic’s previous launch on the SpaceX Transporter-7 mission in April 2023 completed integration of the company’s earlier NewSats Mark-IV spacecraft model.
Satellogic designed and manufactured the NewSats Mark-V spacecraft with a system composed of over 10,000 components.