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Satellogic Inc. (NASDAQ: SATL - Get Free Report) major shareholder Fitzgerald Cantor sold 388,827 shares of Satellogic stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $5.63, for a total transaction of $2,189,096.01. Following the sale, the insider directly owned 12,862,075 shares of the company's stock, valued at
NEW YORK, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Satellogic, Inc. (NASDAQ: SATL), a vertically integrated geospatial company delivering high-resolution Earth Observation (EO) at unprecedented scale and economics, today announced an extension of its existing agreement with the Government of Albania to continue country-wide, high-frequency satellite monitoring using its NewSat constellation. The 11-month contract extension builds on a previously signed three-year agreement that provided Albania with dedicated satellite capacity and the naming of two satellites, Albania-1 and Albania-2.
NEW YORK, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Satellogic Inc. (NASDAQ: SATL), a leader in sub-meter resolution Earth Observation (“EO”) data, announced today that it has closed the purchase and sale of 7,399,578 shares of the Company's Class A Common Stock in a registered direct offering pursuant to a definitive securities purchase agreement entered into with a single institutional investment manager on January 26, 2026. Titan Partners, a division of American Capital Partners, acted as lead placement agent, with Craig-Hallum serving as co-placement agent for the offering.
NEW YORK, Jan. 26, 2026 (GLOBE NEWSWIRE) -- Satellogic Inc. (NASDAQ: SATL), a leader in sub-meter resolution Earth Observation (“EO”) data, today announced that it has entered into a securities purchase agreement with a single institutional investment manager for the purchase and sale of 7,399,578 shares of Class A common stock at a purchase price of $4.73 per share in a registered direct offering. The gross proceeds to the Company from this offering are expected to be approximately $35 million, before deducting offering expenses.
Satellogic designs, manufactures, and operates its own NewSat low earth orbit satellites for high-resolution earth imaging. SATL's LEO satellites offer superior image resolution compared to geostationary satellites but cannot continuously monitor a single area due to orbital dynamics. Continuous monitoring with LEOs requires a large constellation, increasing operational costs for both SATL and its customers.
Accelerating Sovereignty: Satellogic Fast-Tracks National Space Capabilities Highlights Commitment to Advancing European Defense and Space Initiatives NEW YORK, Jan. 12, 2026 (GLOBE NEWSWIRE) -- Satellogic Inc. (“Satellogic”) (NASDAQ: SATL), a leader in high-performance Earth Observation (“EO”) platforms that deliver unique sovereign solutions and AI-first monitoring, today announced an agreement with CEiiA, the Centre of Engineering and Product Development in Portugal, for the supply and in-orbit delivery of two NewSat Mark V 50cm-class imaging satellites. The agreement strengthens Portugal and Europe's sovereign Earth observation capabilities by providing assured-access to high-resolution imagery for civil, environmental, and security missions.The satellites will integrate the Portuguese component of the Atlantic Constellation, enhancing operational resilience and autonomous data availability.
Shares of Satellogic Inc. (NASDAQ: SATL - Get Free Report) shot up 8.7% on Thursday. The stock traded as high as $1.78 and last traded at $1.75. 3,465,296 shares were traded during mid-day trading, an increase of 52% from the average session volume of 2,284,678 shares. The stock had previously closed at $1.61. Wall Street
29% Increase in Revenue to $3.6 million Coupled with 18% Decrease in Operating Costs and Expenses in 3Q 2025 Strengthened Balance Sheet with Completion of $90 million Public Offering Announced Seven-Figure Strategic Data Distribution Agreement with Suhora Added Distinguished Industry Sales Executive Launched Very-High Resolution NextGen Satellite Platform NEW YORK, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Satellogic Inc. (“Satellogic”) (NASDAQ: SATL), a leader in high-performance, low-cost Earth Observation (“EO”) platforms that deliver unique sovereign solutions and AI-first monitoring, today reported its financial results for the three and nine months ended September 30, 2025. “The third quarter was highlighted by improved financial performance, continued commercial momentum and punctuated by the $90 million public offering that we completed in October, which significantly de-risks our strategy,” said Satellogic CEO, Emiliano Kargieman.
U.S. stock futures were higher this morning, with the Dow futures gaining more than 100 points on Thursday.
NEW YORK, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Satellogic Inc. (NASDAQ: SATL), a leader in sub-meter resolution Earth Observation (“EO”) data, announced today that it intends to offer and sell shares of its Class A common stock in an underwritten public offering. In connection with this offering, the Company expects to grant the underwriters a 30 day option to purchase additional shares of Class A common stock, equal to up to 15% of the number of shares of Class A common stock sold in the offering.
With an early customer commitment secured, Satellogic is advancing NextGen production to meet growing global demand for AI-first Earth Observation systems.
NEW YORK, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Satellogic Inc.
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.
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.
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.
Satellogic Secures Multi-Million Dollar Agreement with Asia Pacific Customer Agreement Unlocks Advanced Monitoring Capabilities Through Satellogic's NewSat
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.
I initially rated Satellogic a strong sell, but recent financial results and strategic moves prompt an upgrade to hold. The US domestication and partnership with Maxar could significantly boost Satellogic's growth and attract more investors. Satellogic's current constellation can generate 10x current revenues, but achieving positive cash flow remains a challenge.
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.
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.