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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