Piper Sandler initiated coverage of Satellogic with a rating of Underweight and set a new price target of $5.00

NEW YORK, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Satellogic Inc. (NASDAQ:SATL), a leader in sub-meter resolution Earth Observation ("EO") data, today announced it has entered into a strategic, multi-year partnership with Suhora, a leading provider of dual-use ISR technologies. The agreement, a seven-figure deal, grants Suhora exclusive rights to provide Satellogic's data and services in India and Nepal, significantly expanding market access to high-resolution satellite imagery in the region. This deepening partnership is set to empower a wide range of applications across India by providing unprecedented access to high-frequency, high-resolution geospatial data. The collaboration will deli

27% Increase in Revenue to $4.4 million Coupled with 41% Decrease in Operating Costs and Expenses in 2Q 2025 Poised to Deliver NextGen Satellite and Technology Transfer to Malaysia's Earth Observation Satellite Program Awarded $30 Million Contract for AI-First Constellation NEW YORK, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Satellogic Inc. ("Satellogic") (NASDAQ:SATL), a leader in sub-meter resolution Earth Observation ("EO") data collection, today reported its financial results for the three and six months ended June 30, 2025. "We are pleased to announce our second quarter results and the considerable progress we've made in executing our strategy. This includes two foundational wins that wil

NEW YORK, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Satellogic, Inc. (NASDAQ:SATL), a leader in satellite manufacturing and high-resolution Earth observation data, today announced an expanded agreement with HEO, the world's leading commercial provider of non-Earth imagery (NEI) for in-orbit inspection. Under the new agreement, HEO receives exclusive access to Satellogic's high-resolution constellation for capturing NEI, supporting rapid-response monitoring of space objects. This new phase builds on a multi-year collaboration between the two companies, dating back to 2020, and reflects a deepening of joint efforts to make space safer, more transparent, and commercially viable. Satellogic's c

NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) -- Satellogic, Inc. (NASDAQ:SATL), a leader in satellite manufacturing and high-resolution Earth observation data, today announced that it has been added as a member of the U.S. small-cap Russell 3000® Index, effective after market close on June 27, 2025 as part of the 2025 Russell indexes constitution. The Russell 3000® Index is a comprehensive, market-capitalization-weighted index that measures the performance of the 3,000 largest U.S. public companies. Membership in this widely recognized index means automatic inclusion in either the large-cap Russell 1000® Index or small-cap Russell 2000® Index, as well as the appropriate growth and value style

Maxar Intelligence, the leading provider of secure, precise geospatial insights, announced today that it was awarded Delivery Order 01 under the Luno A program by the National Geospatial-Intelligence Agency (NGA). This award is focused on delivering commercial analytic services, specifically automated AI/ML-generated object detections over many specified locations at once. Maxar is primarily identifying various classes of aircraft, ships, ground vehicles and railcars, helping NGA determine object counts at specified locations, classification of objects, identify trends and anomalies, and perform spatial and temporal geospatial intelligence analysis. The mission represents a strong example

NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) -- Satellogic, Inc. (NASDAQ:SATL), a leader in satellite manufacturing and high-resolution Earth observation data, is pleased to announce that Uzma Berhad, and by extension Satellogic as Uzma's Technology Partner, has been selected as the successful bidder to lead the Malaysian High-Resolution Earth Observation Satellite Project (MHREOSP) for the Government of Malaysia. As a technology partner, Satellogic will design, develop, assemble, integrate and test a state-of-the-art high resolution satellite with active involvement of Malaysian personnel. This newest evolution of Satellogic's proven p

Revenue of $3.4 million in 1Q 2025 Domestication to U.S. Completed Awarded $30 Million Contract for AI-First Constellation and Closed $20 Million Registered Direct Offering NEW YORK, May 13, 2025 (GLOBE NEWSWIRE) -- Satellogic Inc. (NASDAQ:SATL), a leader in sub-meter resolution Earth Observation ("EO") data collection, today provided a business update and reported its financial results for the three months ended March 31, 2025. "The year is off to a great start with our recent announcements in April related to our $30 million low latency, near-daily AI-first constellation contract, our sovereign defense and intelligence imagery sales to Brazil and Singapore, and the cl

DAVIDSON, N.C., May 12, 2025 (GLOBE NEWSWIRE) -- Satellogic Inc. (NASDAQ:SATL), a leader in high-resolution Earth observation data, announced today it has entered into a multi-million dollar agreement with an Asia Pacific customer. The agreement provides the customer with rapid, flexible tasking of Satellogic's NewSat constellation, enabling prompt delivery of imagery to support a range of applications. This agreement underscores the value and reliability of Satellogic's satellite imagery for critical applications. The agreement enables the customer to leverage Satellogic's Aleph platform, a cutting-edge self-service interface that empowers customers to schedule and manage their own imag

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. Cantor Fitzgerald & Co. acted as the exclusive placement agent for the offering. The gross proceeds from the offering are expected to be approximately $20 million, before deducting the placement agent's fees and other offering expenses payable by the Company. The Company

NEW YORK, April 08, 2025 (GLOBE NEWSWIRE) -- Satellogic Inc. (NASDAQ:SATL), a leader in high-resolution Earth observation data, has been awarded a multi-year contract valued at $30 million to provide near-daily and ultra-low latency analytics from its groundbreaking, AI-first constellation to a strategic defense and security customer. This innovative approach generates analytics directly onboard each satellite, enabling insights to be downlinked within minutes, significantly enhancing operational responsiveness and decision-making capabilities. Under the terms of the agreement, Satellogic will deliver multiband optical imagery captured by the satellite constellation. The constellation is

NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) -- Satellogic, Inc. (NASDAQ:SATL), a leader in satellite manufacturing and high-resolution Earth observation data, today announced that it has been added as a member of the U.S. small-cap Russell 3000® Index, effective after market close on June 27, 2025 as part of the 2025 Russell indexes constitution. The Russell 3000® Index is a comprehensive, market-capitalization-weighted index that measures the performance of the 3,000 largest U.S. public companies. Membership in this widely recognized index means automatic inclusion in either the large-cap Russell 1000® Index or small-cap Russell 2000® Index, as well as the appropriate growth and value style

$30 Million Secured Convertible Notes Provides Additional Operating Liquidity and Financial Flexibility Satellogic Inc. (NASDAQ:SATL) ("Satellogic" or the "Company"), a leader in sub-meter resolution Earth Observation ("EO") data collection, today announced that Nettar Group, Inc. (the "Borrower"), a wholly-owned subsidiary of the Company, entered into a Note Purchase Agreement (the "Note Purchase Agreement") led by Tether Investments Limited (the "Purchaser"), pursuant to which the Borrower agreed to issue floating rate secured convertible promissory notes in the aggregate principal amount of $30 million (the "Secured Convertible Notes") to the Purchaser (the "Offering"). The net proceed

Asset Monitoring Revenue Grew at a 35% CAGR Year-to-Date through October with Constellation-as-a-Service (CaaS) Business Gaining Momentum Following a Multi-Million-Dollar Agreement Awarded from the Republic of Albania Fully Funded, Debt-free 2023 Business Plan with Expectation of Reaching Adjusted EBITDA Breakeven in 2024 $124 million in Cash at 1H 2022; Expected to be $78 - $82 million at End of 2022 Established New ‘Space Systems' Business Line to Sell Satellites Directly to Select Customers, with Unmatched Build-to-Launch Cycles of Less than 8 months Largest High Resolution Commercial Capture Capability (6.2MM sq km daily) in the World; Expanded Fleet to 26 Satellites in 2022 Full F

Satellogic Also Announces the Retirement of Brad Halverson Satellogic Inc. (NASDAQ:SATL), a leader in sub-meter resolution Earth Observation data, is pleased to announce the appointment of Kelly Kennedy to its Board of Directors and as chair of the board's Audit Committee, effective September 3, 2024. Kelly Kennedy, a seasoned financial executive with over 30 years of experience in finance, operations, and strategic growth, brings a wealth of expertise that will be valuable as she helps to guide Satellogic's leadership team as an independent board member. Ms. Kennedy is currently serving as Chief Financial Officer for Willow Innovations and has held key financial leadership roles at The

Experienced Executive Brings Global Expertise Representing Public and Private Companies Satellogic Inc. (NASDAQ:SATL), a leader in sub-meter resolution Earth Observation ("EO") data collection, today announced Matthew Brannen has joined the company's senior management team as VP of Legal to add compliance and regulatory leadership, and support rapid growth into new markets and industries. "Matt fully understands the compliance, regulatory and cultural nuance hurdles that need to be cleared for scaled global growth," said Rick Dunn, CFO at Satellogic. "We're thrilled to add Matt's expertise with complex go-to-market strategies as a tremendous asset for us and our customers as we advance ou

Investment Drives Strategic Focus on Vertical Integration Satellogic CEO Emiliano Kargieman Joins Board of Directors of Officina Stellare Satellogic Inc. (NASDAQ:SATL), a leader in sub-meter resolution Earth Observation ("EO") data collection, today announced the completion of an ~5% investment in Officina Stellare ("OS"). This includes an option for Satellogic to expand its ownership to up to 12% in the next 36 months and the appointment of Emiliano Kargieman, CEO and Co-Founder of Satellogic, to the OS Board of Directors. OS, a publicly traded Euronext Growth Milan company headquartered in Sarcedo - Vicenza, is widely recognized as a leader in the design and production of optomechanica

General Joseph F. Dunford, Jr. joins Board of Directors that includes Secretary Steven T. Mnuchin and Howard W. Lutnick Completes $150 million investment from Secretary Mnuchin's Liberty Strategic Capital Share repurchase program approved by Board of Directors to capitalize on undervalued stock price Satellogic Inc. (NASDAQ:SATL), a leader in sub-meter resolution satellite imagery collection, today announced the appointment of Liberty Strategic Capital's Senior Managing Director and former Chairman of the Joint Chiefs of Staff General Joseph F. Dunford, Jr. to its Board of Directors. General Dunford is enormously respected in the business community and brings decades of defense and i

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