Satellogic Secures Multi-Million Dollar Agreement with Asia Pacific Customer
Satellogic Inc. (NASDAQ: SATL) has secured a multi-million dollar agreement with an undisclosed customer in the Asia Pacific region. The deal provides the customer with access to Satellogic's NewSat constellation for rapid and flexible satellite imagery tasking. Through the company's Aleph platform, a self-service interface, the customer can directly schedule and manage their imagery collections, offering constellation ownership benefits without the associated high costs.
The agreement highlights the growing demand for high-resolution Earth observation data and demonstrates the value of Satellogic's satellite imagery for critical applications. The Aleph platform enables users to maintain a more proactive, responsive, and resilient posture in managing their geospatial needs.
Satellogic Inc. (NASDAQ: SATL) ha siglato un accordo multimilionario con un cliente non divulgato nella regione Asia Pacifico. L'intesa offre al cliente l'accesso alla costellazione NewSat di Satellogic per la richiesta rapida e flessibile di immagini satellitari. Attraverso la piattaforma Aleph dell'azienda, un'interfaccia self-service, il cliente può programmare e gestire direttamente le proprie raccolte di immagini, usufruendo dei vantaggi della proprietà della costellazione senza i costi elevati associati.
L'accordo evidenzia la crescente domanda di dati di osservazione terrestre ad alta risoluzione e dimostra il valore delle immagini satellitari di Satellogic per applicazioni critiche. La piattaforma Aleph consente agli utenti di mantenere un approccio più proattivo, reattivo e resiliente nella gestione delle loro esigenze geospaziali.
Satellogic Inc. (NASDAQ: SATL) ha asegurado un acuerdo multimillonario con un cliente no revelado en la región de Asia Pacífico. El acuerdo brinda al cliente acceso a la constelación NewSat de Satellogic para la asignación rápida y flexible de imágenes satelitales. A través de la plataforma Aleph de la empresa, una interfaz de autoservicio, el cliente puede programar y gestionar directamente sus colecciones de imágenes, ofreciendo los beneficios de la propiedad de la constelación sin los altos costos asociados.
El acuerdo destaca la creciente demanda de datos de observación terrestre de alta resolución y demuestra el valor de las imágenes satelitales de Satellogic para aplicaciones críticas. La plataforma Aleph permite a los usuarios mantener una postura más proactiva, receptiva y resiliente en la gestión de sus necesidades geoespaciales.
Satellogic Inc. (NASDAQ: SATL)는 아시아 태평양 지역의 비공개 고객과 수백만 달러 규모의 계약을 체결했습니다. 이번 계약을 통해 고객은 Satellogic의 NewSat 위성군에 빠르고 유연하게 위성 이미지 작업을 요청할 수 있습니다. 회사의 Aleph 플랫폼이라는 셀프 서비스 인터페이스를 통해 고객은 직접 이미지 수집 일정을 잡고 관리할 수 있어, 높은 비용 없이 위성군 소유의 이점을 누릴 수 있습니다.
이번 계약은 고해상도 지구 관측 데이터에 대한 수요 증가를 보여주며, 중요한 응용 분야에서 Satellogic의 위성 이미지가 지니는 가치를 입증합니다. Aleph 플랫폼은 사용자가 지리 공간 요구 사항을 보다 능동적이고 신속하며 탄력적으로 관리할 수 있도록 지원합니다.
Satellogic Inc. (NASDAQ : SATL) a conclu un accord de plusieurs millions de dollars avec un client non divulgué dans la région Asie-Pacifique. Cet accord offre au client un accès à la constellation NewSat de Satellogic pour une planification rapide et flexible des images satellites. Grâce à la plateforme Aleph de l'entreprise, une interface en libre-service, le client peut programmer et gérer directement ses collectes d'images, bénéficiant des avantages de la propriété de la constellation sans les coûts élevés associés.
L'accord souligne la demande croissante de données d'observation de la Terre à haute résolution et démontre la valeur des images satellites de Satellogic pour des applications critiques. La plateforme Aleph permet aux utilisateurs d'adopter une posture plus proactive, réactive et résiliente dans la gestion de leurs besoins géospatiaux.
Satellogic Inc. (NASDAQ: SATL) hat eine millionenschwere Vereinbarung mit einem nicht genannten Kunden in der Asien-Pazifik-Region abgeschlossen. Der Vertrag gewährt dem Kunden Zugang zur NewSat-Konstellation von Satellogic für eine schnelle und flexible Satellitenbild-Anforderung. Über die Aleph-Plattform des Unternehmens, eine Self-Service-Oberfläche, kann der Kunde seine Bildsammlungen direkt planen und verwalten und somit die Vorteile des Besitzes einer Konstellation ohne die hohen Kosten nutzen.
Die Vereinbarung unterstreicht die wachsende Nachfrage nach hochauflösenden Erdbeobachtungsdaten und zeigt den Wert der Satellogic-Satellitenbilder für kritische Anwendungen. Die Aleph-Plattform ermöglicht es den Nutzern, eine proaktivere, reaktionsfähigere und widerstandsfähigere Haltung bei der Verwaltung ihrer geospatialen Anforderungen einzunehmen.
- Secured new multi-million dollar contract in Asia Pacific region
- Agreement provides recurring revenue through NewSat constellation access
- Expansion into Asia Pacific market demonstrates global growth
- Aleph platform enables new revenue stream through self-service model
- Exact contract value not disclosed
- Customer identity remains undisclosed, limiting assessment of deal significance
Agreement Unlocks Advanced Monitoring Capabilities Through Satellogic’s NewSat Fleet and Aleph Platform
DAVIDSON, N.C., May 12, 2025 (GLOBE NEWSWIRE) -- Satellogic Inc. (NASDAQ: SATL), a leader in high-resolution Earth observation data, announced today it has entered into a multi-million dollar agreement with an Asia Pacific customer.
The agreement provides the customer with rapid, flexible tasking of Satellogic’s NewSat constellation, enabling prompt delivery of imagery to support a range of applications. This agreement underscores the value and reliability of Satellogic’s satellite imagery for critical applications.
The agreement enables the customer to leverage Satellogic’s Aleph platform, a cutting-edge self-service interface that empowers customers to schedule and manage their own imagery collections. This direct access and control over a world-class high-resolution constellation allows users to realize the benefits of constellation ownership without the associated high costs.
“With Satellogic’s Aleph platform, organizations are gaining unprecedented control over their geospatial needs,” said Mark Carmichael, VP of Imagery and Data at Satellogic. “Our self-service platform for high-resolution, on-demand imagery empowers users to drive a more proactive, responsive, and resilient posture.”
Satellogic remains committed to delivering cutting-edge satellite solutions for customers and is proud to introduce Aleph to accelerate data delivery and meet the growing global demands.
For more information, please visit: www.satellogic.com
About Satellogic
Founded in 2010 by Emiliano Kargieman and Gerardo Richarte, Satellogic (NASDAQ: SATL) is the first vertically integrated geospatial company, driving real outcomes with planetary-scale insights. Satellogic is creating and continuously enhancing the first scalable, fully automated EO platform with the ability to remap the entire planet at both high-frequency and high-resolution, providing accessible and affordable solutions for customers.
Satellogic’s mission is to democratize access to geospatial data through its information platform of high-resolution images to help solve the world’s most pressing problems including climate change, energy supply, and food security. Using its patented Earth imaging technology, Satellogic unlocks the power of EO to deliver high-quality, planetary insights at the lowest cost in the industry.
With more than a decade of experience in space, Satellogic has proven technology and a strong track record of delivering satellites to orbit and high-resolution data to customers at the right price point.
To learn more, please visit: http://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 future developments and their potential effects on Satellogic. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. These statements are based on various assumptions, whether or not identified in this press release. These forward-looking statements are provided for illustrative purposes only and are not intended to serve, and must not be relied on by an investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Satellogic. Many factors could cause actual future events 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, (ii) our ability to effectively market and sell our EO services and to convert contracted revenues and our pipeline of potential contracts into actual revenues, (iii) risks related to the secured convertible notes, (iv) the potential loss of one or more of our largest customers, (v) the considerable time and expense related to our sales efforts and the length and unpredictability of our sales cycle, (vi) risks and uncertainties associated with contracts, (vii) risk related to our pricing structure, (viii) our ability to scale production of our satellites as planned, (ix) unforeseen risks, challenges and uncertainties related to our expansion into new business lines, (x) our dependence on third parties to transport and launch our satellites into space, (xi) our reliance on third-party vendors and manufacturers to build and provide certain satellite components, products, or services, (xii) 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, (xiii) risk related to certain minimum service requirements in our customer contracts, (xiv) market acceptance of our EO services and our dependence upon our ability to keep pace with the latest technological advances, (xv) competition for EO services, (xvi) challenges with international operations or unexpected changes to the regulatory environment in certain markets, (xvii) unknown defects or errors in our products, (xviii) risk related to the capital-intensive nature of our business and our ability to raise adequate capital to finance our business strategies, (xix) substantial doubt about our ability to continue as a going concern, (xx) uncertainties beyond our control related to the production, launch, commissioning, and/or operation of our satellites and related ground systems, software and analytic technologies, (xxi) the failure of the market for EO services to achieve the growth potential we expect, (xxii) risks related to our satellites and related equipment becoming impaired, (xxiii) risks related to the failure of our satellites to operate as intended, (xxiv) production and launch delays, launch failures, and damage or destruction to our satellites during launch and (xxv) 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
Satellogic, Inc.
Ryan Driver, VP of Strategy & Corporate Development
pr@satellogic.com
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