Satellogic Announces Multiple Launch Agreement with SpaceX for its Next 68 Sub-Meter Resolution Earth Observation Satellites

Strategic agreement positions Satellogic to achieve weekly remapping of the entire surface of the Earth in 2023 and over 20 daily revisits of any point of interest, unlocking countless commercial, sustainability, and government applications

New York, NY, May 4, 2022 (Satellogic PR) – Satellogic Inc. (NASDAQ: SATL), a leader in sub-meter resolution Earth Observation (“EO”) data collection, announced today that it has signed a new Multiple Launch Agreement (“MLA”) with SpaceX reserving launch capacity for its next 68 satellites. This new MLA follows the current MLA covering 2022 launches, and confirms that SpaceX continues to be Satellogic’s preferred vendor for rideshare missions, meeting the capacity demands of Satellogic’s constellation roadmap and providing shorter periods between satellite development and deployment.

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Orbital Insight Announces Partnership with Satellogic to Bring Planetary Scale Insights to Customers Globally

Orbital Insight will integrate Satellogic’s high-resolution multispectral imagery, hyperspectral imagery, and full-motion video capabilities into its geospatial intelligence platform

PALO ALTO, Calif. (Orbital Insight PR) — Orbital Insight, the leader in geospatial intelligence, today announced that it has partnered with Satellogic (NASDAQ: SATL), a leader in sub-meter resolution satellite imagery collection. The partnership will integrate Satellogic’s high-frequency, high-resolution collections of satellite imagery and full-motion video into Orbital Insight’s platform and offer customers better access to high quality data, improve the revisit rate and reduce the cost of running analytics.

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Satellogic Elects Tom Killalea to its Board of Directors

25-Year Global Technology Executive and Advisor Brings Expertise in Product Development, Digital Innovation, Customer Experience and Security

NEW YORK, March 30, 2022 (Satellogic PR) – Satellogic Inc. (NASDAQ: SATL), a leader in sub-meter resolution satellite imagery collection, announced it has elected Tom Killalea to its Board of Directors (the “Board”). A seasoned technology executive and advisor, Killalea brings nearly 25 years of experience in product development, digital innovation, customer experience and security to the Company. Mr. Killalea’s election as an independent director increases the total number of Board members to eight, with five independent directors.

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Satellogic Completes Business Combination with CF Acquisition Corp. V to Become Publicly Traded Company

  • Class A Ordinary Shares to Commence Trading on Nasdaq on January 26, 2022 under ticker “SATL”
  • Gross proceeds to Satellogic will total approximately  $262 million, including cash held in CFV’s trust account and concurrent PIPE financing, as well as the transaction with Liberty Strategic Capital, slated to close in February
  • Transaction expected to allow Satellogic to scale its constellation of satellites, collecting and analyzing weekly remaps of the Earth by 2023 and creating a live catalog of every square meter of Earth daily thereafter, enabling immense commercial, sustainability, and government applications

NEW YORK, January 25, 2022 (Satellogic PR) – Satellogic Inc., a leader in sub-meter resolution satellite imagery collection (“Satellogic,” the “Company”), today announced that it has completed its previously announced business combination with CF Acquisition Corp. V (Nasdaq: CFV) (“CFV”), a publicly traded special purpose acquisition company sponsored by Cantor Fitzgerald. The business combination was approved at a special meeting of CFV stockholders on January 24, 2022. Beginning Wednesday, January 26, 2022, Satellogic’s Class A ordinary shares and warrants will trade on the Nasdaq under the ticker symbols “SATL” and “SATLW,” respectively.

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Secretary Steven Mnuchin’s Liberty Strategic Capital to Invest $150 Million in Satellogic and CF Acquisition Corp. V

  • Investment will support Satellogic as it scales its constellation, with the goal of weekly remapping of the entire Earth’s surface in 2023 and daily remapping thereafter, unlocking countless commercial, sustainability, and government applications
  • Secretary Mnuchin to serve as Non-Executive Chairman of Satellogic Board of Directors
  • Howard W. Lutnick, Chairman and CEO of Cantor Fitzgerald and CFV, to join Satellogic Board of Directors
  • Satellogic satellites have the capacity to collect more images than the closest four satellite competitors combined, changing the way we see our Earth by delivering data that helps analyze and develop solutions for the world’s most pressing problems within a $140 billion TAM opportunity1
  • Total committed capital of $265 million; merger slated to close in Q1 2022

NEW YORK (Satellogic PR) — Satellogic, a leader in sub-meter resolution satellite imagery collection, currently 70 centimeters, and CF Acquisition Corp. V (Nasdaq: CFV) (“CFV”), a special purpose acquisition company sponsored by Cantor Fitzgerald, today announced that they have secured an additional $150 million private placement commitment from Liberty Strategic Capital (“Liberty”), a private equity firm founded and led by former U.S. Secretary of the Treasury Steven T. Mnuchin.

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Satellogic Announces Upcoming Appointment of Six New Board Members

New appointments to Board of Directors will enhance Satellogic’s leadership and expertise as company prepares for public listing

Members to bring extensive relevant experience from NASA, Boeing, Google, Cloudera, Massachusetts Institute of Technology, Caterpillar and MercadoLibre

Charlotte, NC: December 22, 2021 – Satellogic, a leader in sub-meter resolution satellite imagery collection, today announced the upcoming appointment of six new members to the company Board of Directors, collectively bringing decades of public company experience, technical expertise and commercial capabilities to guide the company through its public listing and beyond. The members, Jenette Ramos, Marcos Galperin, Brad Halverson, Dr. Dava Newman, Tarun Bhatnagar and Robert Bearden will join incoming Chairman Ted Wang and Satellogic CEO Emiliano Kargieman on the board, which will be effective upon the company’s upcoming public listing.

“These upcoming additions to our board have impressive backgrounds spanning astronautics, engineering, manufacturing, audit, scaling and public listing, and will help drive the company to its mission of democratizing access to geospatial data. We are grateful for their commitment to the company as we continue to build out our constellation of satellites to remap the entire surface of the Earth daily,” said Emiliano Kargieman, Satellogic CEO.

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Satellogic Accelerates Growth with Leadership Appointments

CHARLOTTE, N.C. (Satellogic PR)–Satellogic, a leader in sub-meter resolution satellite imagery collection, today announced new key hires, bolstering company leadership and expertise in the Earth Observation space. These senior leaders, united by the vision and inspired by the technology behind it, bring unique expertise to solidify Satellogic’s best in class team.

“Since our founding, Satellogic has been driven by our mission to democratize access to geospatial data to help solve the world’s most pressing problems,” said Emiliano Kargieman, CEO at Satellogic. “These exceptional leadership hires reflect our commitment to delivering on this mission across the business, through our collective ambition, ingenuity, and determination.”

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Satellogic Signs Agreement to Provide Dedicated Satellite Constellation to the Republic of Paraguay

CHARLOTTE, N.C., October 26, 2021 (Satellogic PR) — Satellogic, a leader in sub-meter resolution satellite imagery collection, announced today that it has signed a letter of intent (the “LOI”) with Agencia Espacial del Paraguay (“AEP”) to develop a Space-as-a-Service program for the country. As a result of this LOI, Satellogic and AEP will undertake various technological and scientific projects in accordance with AEP’s Institutional Strategic Plan and the Space Policy of Paraguay.

The LOI provides a framework for the start-up and development of a dedicated satellite constellation network. Satellogic’s Dedicated Satellite Constellation Program enables municipal, state, and national governments to manage a fleet of satellites over a specific area of interest and develop a geospatial imaging program at unmatched frequency, resolution, and cost.

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Satellogic Names Greg Frey as Global Director of Channel Sales

Former MDA Director and industry heavyweight joins team following Satellogic’s expansion into North America, Africa, and beyond

CHARLOTTE, N.C., September 23, 2021 (Satellogic PR) — Satellogic, a leader in sub-meter resolution satellite imagery collection, today announced that Greg Frey has joined the Satellogic Business Development team as Global Director of Channel Sales.

In his role, Frey will cultivate new international channel partnerships to support the continued adoption of Satellogic’s industry-leading data in regional and local markets. In doing so, Frey will directly support Satellogic’s mission of the democratization of geospatial data while opening up new markets for the company.

“Greg has amassed a wealth of experience in the Earth Observation industry, and his knowledge of maritime applications for Satellite data is particularly exciting,” said Thomas VanMatre, Vice President of Global Business Development at Satellogic. “Greg has both a deep and broad understanding of the global Earth Observation market and under his leadership Satellogic’s Channel Program will open and expand exciting new opportunities for increased revenue and growth.”

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Satellogic Joins The International Disasters Charter

Through partnership, Satellogic will provide high-resolution, high-frequency satellite data to aid in disaster decision making and management

CHARLOTTE, N.C. (Satellogic PR)–Satellogic, a leader in sub-meter resolution satellite imagery collection, is now providing satellite imaging data from its constellation to the  International Charter Space and Major Disasters for use in monitoring and response activities. Satellogic provides images and full-motion video at no cost to the Charter’s Authorized Users to enable access to timely information for disaster events worldwide.

The International Disasters Charter provides Earth observation data for use in monitoring and response activities, acquired by the satellites of its members, contributing partners, and data contributors, to support disaster response worldwide. The Charter Board Members unanimously approved Satellogic’s application to be a data contributor to the Charter in May 2021.

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Satellogic Partners with GeoTerraImage to Provide High-Resolution Satellite Imagery to African Space Industry

CHARLOTTE, N.C., August 12, 2021 (Satellogic PR)–Satellogic, the leader in sub-meter resolution satellite imagery collection, today announced a new partnership with GeoTerraImage, the premier geospatial solutions provider in southern Africa. GeoTerraImage will leverage Satellogic’s high-resolution multispectral satellite data and low-latency hyperspectral data for large-scale agriculture management to help the continent develop new food systems and food-security solutions.

GeoTerraImage is a trusted solutions provider for customers across Africa and globally. By leveraging Satellogic’s high-resolution, high-frequency geospatial data and combining it with their proprietary software and algorithms, GeoTerraImage will bring differentiated and value-added products and services to their end customers. Imagery from Satellogic’s growing constellation will fuel new agricultural analysis and dashboards to be utilized by organizations across the continent and beyond.

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Satellogic Expands In-orbit Capacity, Offering Customers Increased Revisit Capabilities and Sub-Meter Imagery

With the addition of 10 new satellites, Satellogic’s fleet now provides up to four daily revisits of any point of interest

BUENOS AIRES, Argentina, November 6, 2020 (Satellogic PR) — Satellogic, the first company to develop a scalable Earth observation platform with the ability to remap the entire planet at both high-frequency and high-resolution, today announced the successful dedicated launch of 10 new satellites, delivered to sun-synchronous low-Earth orbits at 3:18:50 am UTC on November 6, 2020.

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Zoé Berthiaume-Dutrisac Joins Satellogic as Chief of Engineering

BUENOS AIRES, February 27, 2020 (Satellogic PR) — Satellogic, the first company to develop a scalable earth observation platform with the ability to remap the entire planet at both high-frequency and high-resolution, today announced the appointment of Zoé Berthiaume-Dutrisac as Chief of Engineering. Berthiaume-Dutrisac will oversee satellite development, production and operations for Satellogic’s global team, including managing technical timelines and guiding engineering strategy and goals, while overseeing quality and troubleshooting.

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