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Satellogic

UY
commercialFounded 2010
Uruguay
www.satellogic.com
Admin Edit

Verified facts grounded in source documentation.

Satellogic projected $132,000,000 in revenue for 2023 in documents filed with the SEC in November 2021 as part of a SPAC merger.

NARRATIVE FINANCIAL6/17/2024Satellogic announces new round of layoffs

Satellogic planned to launch three more Mark V satellites on SpaceX Transporter-11 in July, as reported in May.

NARRATIVE PLAN6/17/2024Satellogic announces new round of layoffs

Satellogic reported a net loss of $61,000,000 in 2023.

NARRATIVE FINANCIAL6/17/2024Satellogic announces new round of layoffs

Satellogic raised $30,000,000 from cryptocurrency company Tether Investments Ltd in April.

NARRATIVE FINANCIAL6/17/2024Satellogic announces new round of layoffs

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.

NARRATIVE GOVERNANCE5/27/2024Satellogic lays off 13% of workforce

Satellogic recorded a net loss of $61,000,000 in 2023 versus a net loss of $36,600,000 in 2022.

NARRATIVE FINANCIAL5/27/2024Satellogic lays off 13% of workforce

Satellogic raised $30,000,000 through a senior convertible notes agreement with Tether Investments Ltd.

NARRATIVE FINANCIAL5/27/2024Satellogic lays off 13% of workforce

Satellogic raised $30,000,000 through a senior convertible notes agreement with Tether Investments Ltd.

ORG RELATIONSHIP5/27/2024Satellogic lays off 13% of workforce

Satellogic provided industry knowledge transfer, foundational components, intellectual property licensing terms, and support to construct an AIT facility in India as part of its Space Systems offering.

NARRATIVE GROWTH4/17/2024Tata Advanced Systems Limited + Satellogic announce TSAT-1A satellite launch success

Satellogic designed and manufactured a state-of-the-art Earth observation satellite that is planned to launch as UzmaSAT-1 in the second half of 2024 aboard a SpaceX Falcon 9 rocket.

NARRATIVE PLAN12/8/2023Uzma, Satellogic Sign Agreement to Advance Geospatial Capabilities in Asia

Satellogic went public via a SPAC merger in January 2022 that provided $262,000,000 in gross proceeds.

NARRATIVE FINANCIAL11/25/2023Satellogic wins NOAA license

SkyWatch's partnership with Satellogic aims to increase access to EO data and provide customers with more options on the EarthCache platform.

NARRATIVE GROWTH9/24/2023Satellogic + SkyWatch announce a new EO partnership

Satellogic Inc. and SkyWatch are partnering to provide Satellogic's highest resolution, commercially available Earth Observation (EO) data to EarthCache customers.

NARRATIVE GENERAL9/24/2023Satellogic + SkyWatch announce a new EO partnership

Satellogic reported revenue of $3,200,000 in the first half of 2023, a 33% increase year-over-year.

NARRATIVE FINANCIAL9/22/2023Satellogic relocating to the United States in search of government growth

Satellogic is forecasting full-year 2023 revenue of between $10,000,000 and $20,000,000.

NARRATIVE FINANCIAL9/22/2023Satellogic relocating to the United States in search of government growth

Satellogic raised $168,000,000 from its SPAC merger.

NARRATIVE FINANCIAL9/22/2023Satellogic relocating to the United States in search of government growth

Satellogic has completed 15 missions to date and aims to reach more than 200 satellites in orbit for daily global remaps.

NARRATIVE GENERAL9/18/2023Skyloom Signs an Agreement with Satellogic for Multipath Optical Comms Data Transmission

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.

NARRATIVE PLAN6/14/2023Satellogic Earth Observation Constellation Successfully Reaches LEO Following SpaceX Falcon 9 Launch

Satellogic expects to build and launch as many as 10 additional NewSats Mark-V satellites 2023 to increase the company’s ability to remap the Earth every two weeks by the end of 2023.

NARRATIVE PLAN6/13/2023Satellogic continues the expansion of their EO constellation

Satellogic aims to expand its constellation to include more than 40 satellites in 2023.

NARRATIVE GROWTH4/21/2023Satellogic smallsat constellation expansion a success
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