Satellogic Signs Agreement to Deliver Dedicated Satellite Constellation for Exclusive Geospatial Analytics in Henan Province, China

BUENOS AIRES, September 9, 2019 (Satellogic PR) –Satellogic, the world’s first vertically integrated geospatial analytics company, today announced that they have partnered with ABDAS, based in Henan Province, China, to deliver exclusive access to a dedicated constellation of satellites. The total amount of the agreement is more than 38 million USD.

As a result of this agreement, ABDAS will have access to a fleet of satellites, which provides them with multispectral imagery from monthly remapping of sites they define within Henan Province. Future satellites launched by Satellogic may be added to the constellation, and today’s agreement includes dedicated launches – coordinated by Satellogic – for fleet deployment and expansion. The partnership also gives ABDAS access to a dedicated platform for satellite tasking, as well as a private cloud for processing, cataloging, and storing images.

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Satellogic Welcomes Rick Dunn as Chief Financial Officer

Rick Dunn

BUENOS AIRES (Satellogic PR) — Satellogic, the world’s first vertically integrated geospatial analytics company, today announced the appointment of Rick Dunn as the company’s new Chief Financial Officer. Dunn brings over 25 years of financial leadership to Satellogic, including executive roles in both public and private companies as well as over 10 years in public accounting. Most recently, Dunn served as CFO of PowerTeam Services, helping facilitate their acquisition by private equity owners in September 2018.

At Satellogic, Dunn will oversee the finance organization that will manage the company’s capital structure and ensure backoffice scalability as the company moves firmly into its commercial phase of growth, supporting customers and driving profitability. He has an established record of supporting high-growth technology companies, having served as the CFO of Trilogy International Partners (a wireless carrier) and Corporate Controller for Western Wireless International (Trilogy’s public company predecessor), as well as CFO for ACN, Inc. (a wireless MVNO and essential services company).

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CGWIC Signs Agreement to Launch Satellogic Earth Observation Constellation of 90 Satellites

BEIJING (CGWIC PR) — China Great Wall Industry Corporation (CGWIC) today announced a Multiple Launch Services Agreement (MLA) with Satellogic, the world’s first vertically integrated geospatial analytics company. CGWIC will launch 90 of Satellogic’s spacecraft from the Taiyuan Satellite Launch Center. The first launch – scheduled for later this year – will deliver a dedicated payload of 13 of Satellogic’s spacecraft to Low Earth Orbit on a Long March 6 (LM-6) rocket.

Satellogic’s team of world-class data scientists is already leveraging its current fleet of spacecraft to deliver planetary scale insights and solutions for a variety of industries, including agriculture, forestry, oil and gas, and finance and insurance. The 90 spacecraft that Satellogic announced under this agreement will form an Earth Observation Satellite Constellation that will remap the planet at one meter of resolution every week and dramatically reduce the cost of high-frequency geospatial analytics.

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Report: 3,600 Smallsats to Clog Space in Next 10 Years

Eight small-sized satellites total a big bonus for science. The Edison Demonstration of Smallsat Networks (EDSN) mission was to have used a swarm of small spacecraft to carry out scientific measurements. (Credit: NASA Ames Research Center)
Eight small-sized satellites total a big bonus for science. The Edison Demonstration of Smallsat Networks (EDSN) mission was to have used a swarm of small spacecraft to carry out scientific measurements. (Credit: NASA Ames Research Center)

$22 Billion Smallsat Market Forecast

Paris, Washington D.C., Montreal, Yokohama, July 7, 2016 (Euroconsult PR) — According to Euroconsult’s latest report, Prospects for the Small Satellite Market, we are on the cusp of a major revolution for the space sector and overall space ecosystem, as more than 3,600 smallsats are expected to be launched over the next ten years, a significant increase from the previous decade.

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