Satellogic Announces Pricing of $35 Million Registered Direct Offering of Common Stock
Rhea-AI Summary
Satellogic (NASDAQ: SATL)/b) entered a registered direct offering to sell
Positive
- Registered direct offering raises approximately $35 million gross
- Planned use of proceeds for constellation and satellite infrastructure
- Offering proceeds to support growth initiatives and working capital
Negative
- Issuance of 7,399,578 new shares will dilute existing shareholders
- Net proceeds will be reduced by offering expenses and placement fees
Key Figures
Market Reality Check
Peers on Argus
SATL showed its own momentum while close peers like PKE (-4.01%) and EVTL (-3.95%) were down and others such as BYRN (+1.47%) were mixed, pointing to a stock-specific reaction to the financing news.
Previous Offering Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Oct 16 | Offering priced | Negative | -29.7% | Underwritten public offering priced at $3.25 per share for $90M gross. |
| Oct 15 | Offering proposed | Positive | +5.9% | Announcement of intent to launch underwritten equity offering with 30-day option. |
| Apr 16 | Registered direct closed | Negative | -2.8% | Closing of $20M registered direct sale of 6,451,612 shares at $3.10. |
Past equity offerings have produced mixed single-day reactions, with both sharp declines and moderate gains following financing announcements.
Over the last year, Satellogic has repeatedly tapped equity markets, including a $20 million registered direct deal in April 2025 and a larger $90 million underwritten public offering priced at $3.25 per share in October 2025. A proposed offering announcement on October 15, 2025 prompted a modest gain, while final pricing led to a steeper decline. Today’s registered direct transaction continues this pattern of raising capital for general corporate purposes.
Historical Comparison
In the past year, SATL reported 3 equity offering announcements tagged as offerings, with an average one-day move of 12.78%. The current financing fits this ongoing capital-raising pattern.
Equity financings progressed from a <b>$20M</b> registered direct in April 2025 to a larger <b>$90M</b> underwritten offering in October 2025, followed by the latest registered direct raise.
Market Pulse Summary
This announcement details a registered direct sale of 7,399,578 Class A shares at $4.73 for expected gross proceeds of about $35 million, with closing targeted for January 27, 2026. The company plans to fund growth initiatives, satellite infrastructure, and general purposes. Historically, Satellogic has used multiple equity financings to support operations, so investors may watch how added capital translates into revenue growth and cash burn trends in upcoming filings.
Key Terms
registered direct offering financial
securities purchase agreement financial
prospectus supplement regulatory
AI-generated analysis. Not financial advice.
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
Titan Partners, a division of American Capital Partners, is acting as lead placement agent for the offering. Craig-Hallum is acting as co-placement agent for the offering.
The Company intends to use the net proceeds from the offering for continued investment in Satellogic’s growth initiatives, constellation and satellite infrastructure, working capital and general corporate purposes.
The shares of Class A common stock are being offered by the Company pursuant to a “shelf” registration statement on Form S-3 (File No. 333-283719) previously filed with the Securities and Exchange Commission (the “SEC”) and declared effective by the SEC on March 31, 2025. The offering is made only by means of a prospectus supplement, which will be filed with the SEC and will be available on the SEC’s website located at www.sec.gov. Electronic copies of the prospectus supplement may be obtained, when available, by contacting Titan Partners Group LLC, a division of American Capital Partners, LLC, 4 World Trade Center, 49th Floor, New York, NY 10007, by phone at (929) 833-1246 or by email at prospectus@titanpartnersgrp.com.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy Class A common stock, nor shall there be any sale of Class A common stock in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. Any offer, solicitation or sale of Class A common stock will be made in accordance with the registration requirements of the Securities Act of 1933, as amended.
About Satellogic
Founded in 2010 by Emiliano Kargieman and Gerardo Richarte, Satellogic (NASDAQ: SATL) is a vertically integrated Earth observation company that designs, manufactures, and operates satellite systems, delivering decision-grade insights at scale to government and commercial customers. Through an end-to-end production and operations model, Satellogic provides governments with flexible options across their journey toward sovereign Earth observation. From access to high-frequency imagery and managed space systems to full satellite ownership, to supporting autonomous data availability and long-term technological independence.
This integrated approach enables Satellogic to deploy satellites on predictable timelines and operate with capacity to support persistent coverage across large portfolios of sites. Satellogic enables continuous monitoring and alert-driven workflows that help defense and intelligence agencies, civil governments, and commercial operators move from reactive tasking to proactive decision-making, providing mission-critical data when it is needed.
To learn more, please visit: https://www.satellogic.com
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the U.S. federal securities laws. The words “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intends”, “may”, “might”, “plan”, “possible”, “potential”, “predict”, “project”, “should”, “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements are based on Satellogic’s current expectations and beliefs concerning, among other things, our plans, strategies, prospects, both business and financial. Although we believe our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot give any assurance that we either will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Generally, statements that are not historical facts, including statements concerning possible or assumed future actions, business strategies, events or results of operations, are forward-looking statements. Many actual events and circumstances are beyond the control of the Company. Many factors could cause actual future results to differ materially from the forward-looking statements in this press release, including but not limited to: (i) our ability to generate revenue as expected, including due to challenges created by macroeconomic concerns, geopolitical uncertainty (e.g., trade relationships), financial market fluctuations and related factors, (ii) our ability to effectively market and sell our earth observation (“EO”) services and to convert contracted revenues and our pipeline of potential contracts into actual revenues, (iii) market acceptance of our EO services and our dependence upon our ability to keep pace with the latest technological advances, including those related to artificial intelligence and machine learning; (iv) risks related to the secured convertible notes, (v) the potential loss of one or more of our largest customers, (vi) the considerable time and expense related to our sales efforts and the length and unpredictability of our sales cycle, (vii) risks and uncertainties associated with defense-related contracts, (viii) risk related to our pricing structure, (ix) our ability to scale production of our satellites as planned, (x) unforeseen risks, challenges and uncertainties related to our expansion into new business lines, (xi) our dependence on third parties, including SpaceX, to transport and launch our satellites into space, (xii) our reliance on third-party vendors and manufacturers to build and provide certain satellite components, products, or services and the inability of these vendors and manufacturers to meet our needs, (xiii) our dependence on ground station and cloud-based computing infrastructure operated by third parties for value-added services, and any errors, disruption, performance problems, or failure in their or our operational infrastructure, (xiv) risk related to certain minimum service requirements in our customer contracts, (xv) our ability to identify suitable acquisition candidates or consummate acquisitions on acceptable terms, or our ability to successfully integrate acquisitions, (xvi) competition for EO services, (xvii) risks related to changes in tax laws and regulations, including the “One Big Beautiful Bill Act, (xviii) risks related to changes in trade policy and the related impact on macroeconomic conditions, including further expansions of U.S. export controls and tariffs, as well as related retaliatory actions, (xix) challenges with international operations or unexpected changes to the regulatory environment in certain markets, (xx) unknown defects or errors in our products, (xxi) risk related to the capital-intensive nature of our business and our ability to raise adequate capital to finance our business strategies, (xxii) uncertainties beyond our control related to the production, launch, commissioning, and/or operation of our satellites and related ground systems, software and analytic technologies, (xxiii) the failure of the market for EO services to achieve the growth potential we expect, (xxiv) risks related to our satellites and related equipment becoming impaired, (xxv) risks related to the failure of our satellites to operate as intended, (xxvi) production and launch delays, launch failures, and damage or destruction to our satellites during launch, and (xxvii) the impact of natural disasters, unusual or prolonged unfavorable weather conditions, epidemic outbreaks, terrorist acts and geopolitical events (including the ongoing conflicts between Russia and Ukraine, in the Gaza Strip and the Red Sea region) on our business and satellite launch schedules. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of Satellogic’s Annual Report on Form 10-K and other documents filed or to be filed by Satellogic from time to time with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Satellogic assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Satellogic can give no assurance that it will achieve its expectations.
Media Contacts
Investor Relations:
ir@Satellogic.com
Media Relations:
Satellogic
pr@Satellogic.com
FAQ
What is the size and price of the Satellogic (SATL) registered direct offering announced on January 26, 2026?
When is the Satellogic (SATL) registered direct offering expected to close?
How does Satellogic (SATL) plan to use the net proceeds from the $35 million offering?
Who are the placement agents for Satellogic's (SATL) registered direct offering?
Under what registration is Satellogic (SATL) selling the Class A common stock in the offering?
