Articles from Satellogic, Inc.

Agreement Unlocks Advanced Monitoring Capabilities Through Satellogic’s NewSat Fleet and Aleph Platform

NEW YORK, April 16, 2025 (GLOBE NEWSWIRE) -- Satellogic Inc. (NASDAQ: SATL), a leader in high-resolution Earth observation data, announced today that it has closed the purchase and sale of 6,451,612 shares of the Company’s Class A Common Stock at a purchase price of $3.10 in a registered direct offering pursuant to a definitive share purchase agreement entered into with a certain institutional investor on April 15, 2025.

Leveraging AI-powered on-orbit analytics to deliver frequent and near real-time global defense monitoring to enterprise and national security customers

NEW YORK, March 26, 2025 (GLOBE NEWSWIRE) -- On March 26, 2025, Satellogic Inc. (NASDAQ: SATL) (the “Company”), consummated its previously announced domestication, pursuant to which the Company changed its jurisdiction of incorporation, domesticating as a corporation incorporated under the laws of the State of Delaware and discontinuing as a business company with limited liability incorporated under the laws of the British Virgin Islands. The Company’s business, assets and liabilities on a consolidated basis, as well as its Board of Directors, the Company’s executive officers, principal business locations (other than its principal executive office) and fiscal year, were the same immediately after the domestication as they were immediately prior to the domestication. Additionally, the Company’s Class A common stock will continue to trade under the ticker symbol “SATL” and its publicly-traded warrants will continue to trade under the ticker symbol “SATLW.”

Revenue up 28% to $12.9 million in 2024

Maxar Intelligence and Satellogic, Inc. (NASDAQ: SATL) have announced a tasking, data licensing and distribution agreement (the “Agreement”) that enhances Maxar’s ability to deliver monitoring and change detection insights in near real-time for the U.S. government and the government’s partners around the world.