SATL Research | Milton Maxwell

SATL

Satellogic Inc.

1.9700

+0.0800+4.23%

Dec 16, 4:00:01 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

No earnings call transcript available

Key Stats

Market Cap

266.87M

P/E (TTM)

Basic EPS (TTM)

-1.13

Dividend Yield

Recent Filings

8-K

President Tirman resigns

3/9/26Mar 9, 2026

Satellogic's President Mathew Tirman resigned effective March 31, 2026, to pursue other opportunities, with no severance. Duties shift to other executives; no replacement planned yet. Smooth transition, no disruption flagged.

8-K

Satellogic raises ~$35M

1/27/26Jan 27, 2026

Satellogic closed a registered direct offering on January 27, 2026, selling 7,399,578 Class A shares at $4.73 each for ~$35M gross proceeds. Company and insiders locked out from further sales for 45 days post-close. Fresh capital bolsters runway, yet dilutes shareholders.

8-K

Secures $18MM satellite deal

1/12/26Jan 12, 2026

Satellogic signed an $18MM agreement with Portugal's CEiiA on January 12, 2026, to supply and deliver two NewSat Mark V 50cm-class imaging satellites in Q2 2026. Built with over 85% European components, they bolster Portugal's Atlantic Constellation for security and defense missions, including knowledge transfer. Delivery accelerates fast. Launch risks loom large.

8-K

Annual meeting elects directors

12/10/25Dec 10, 2025

Satellogic Inc. held its 2025 annual meeting on December 8, electing Ted Wang, Steven T. Mnuchin, and Joseph F. Dunford, Jr. as Class I directors with strong support—over 45 million for votes each, despite 13.4 million broker non-votes. Stockholders ratified Ernst & Young as auditors with near-unanimous 62.7 million for votes. They approved amending the 2021 Incentive Plan. Board refresh complete.

10-Q

Q3 FY2025 results

11/10/25Nov 10, 2025

Satellogic posted Q3 revenue of $3.6M, up 29% y/y from $2.8M, fueled by Space Systems growth and steady Asset Monitoring demand from U.S. customers (65% of total). Operating loss narrowed to $8.1M from $11.5M y/y on 58% lower depreciation and cost controls, yet net income flipped to $4.0M profit (basic EPS $0.04) versus $12.1M loss, thanks to $11.9M fair-value gains on convertible notes and warrants. Cash climbed to $28.3M with $17.4M YTD operating burn (FCF not disclosed in the 10-Q); $89M secured notes loom at fair value through 2028. Q3 marks profitability. Customer concentration lingers.

About

Satellogic Inc. operates as an integrated geospatial company in Europe, the Asia Pacific, North America, and South America. It offers Constellation-as-a-Service services for government that controls satellites for specific areas; and satellite sales and support services. The company also tasks satellites with monitoring assets for government and commercial customers. Satellogic Inc. was founded in 2010 and is headquartered in Davidson, North Carolina.

CEO

Mr. Emiliano Kargieman

IPO

3/26/2021

Website

https://satellogic.com

Employees

137

Sector

Industrials

Industry

Aerospace & Defense