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Satellogic aims to expand its constellation to include more than 40 satellites in 2023.
Satellogic has partnered with SkyFi to integrate Satellogic satellite tasking into the SkyFi platform.
Satellogic expects to launch up to 21 satellites into its constellation in 2023.
The deployment includes the Albania-1 and Albania-2 satellites, which will support the Republic of Albania pursuant to a recent three-year constellation-as-a-service agreement with Satellogic.
The fourth launched spacecraft is Satellogic’s next-generation NewSat Mark V-B model carrying a new iteration of a multispectral and hyperspectral camera designed to enable longer captures with higher resolution.
Satellogic expects to launch up to 21 satellites into its constellation in 2023.
The deployment includes the Albania-1 and Albania-2 satellites that will support the Republic of Albania under a three-year constellation-as-a-service agreement with Satellogic.
The fourth launched spacecraft is Satellogic’s NewSat Mark V-B model carrying a new iteration of a multispectral and hyperspectral camera designed for longer captures with higher resolution.
Satellogic expects to launch up to 21 satellites to its constellation in 2023.
Satellogic expects to launch up to 21 satellites to its constellation in 2023.
Satellogic’s existing factory in Uruguay can produce 24 satellites a year.
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.
Satellogic projected revenues of $6–8 million for all of 2022 and an adjusted EBITDA loss of $55–60 million.
Satellogic has a three-year, $6,000,000 agreement with the government of Albania that includes naming two NewSat satellites launching on Transporter-6 as Albania-1 and Albania-2.
Satellogic expected to launch 18 to 21 satellites in 2023 to achieve mapping of the Earth every two weeks.
Satellogic delayed completion of a new high-throughput satellite manufacturing facility in the Netherlands that was planned to open in 2022.
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.
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.
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.
Satellogic signed a contract with SpaceX in May 2022 to launch 68 satellites on an unspecified number of launches.