Partnership Expands Access to Satellogic’s
Earth Observation Data, Further Democratizing Geospatial
Intelligence
Satellogic Inc. (NASDAQ: SATL), a leader in sub-meter resolution
Earth Observation (“EO”) data collection, today announced its
partnership and integration with SkyFi, a leading provider of EO
data. This partnership will allow SkyFi’s customers to task
Satellogic satellites directly through the platform either at
https://app.skyfi.com or on the SkyFi app. This capability is
available to both businesses and individuals.
“SkyFi and Satellogic are both committed to democratizing access
to Earth Observation data,” said Emiliano Kargieman, CEO and
Co-Founder of Satellogic. “This partnership expands the
availability of affordable, high-resolution satellite images and
enables customers to task their specific points of interest through
a seamless app. It’s a strategic step forward in helping to
increase the adoption of Earth Observation across existing and
emerging markets.”
Satellogic is focused on delivering high-resolution EO data to
help advance critical analysis for global challenges including
climate change, energy supply, and food security. The Company
currently has 30 satellites in orbit. Satellogic is working toward
an unprecedented capability of daily global remaps in
high-resolution – providing up to 40 revisits of points of interest
per day for better decision-making at every level around the
world.
“Satellogic’s rapidly expanding constellation is enabling us to
further easify access to Earth Observation data,” said Luke
Fischer, Co-Founder and CEO of SkyFi. “The company is a perfect
partner as we are always focused on providing the greatest value at
the lowest cost to our customers.”
SkyFi streamlines access to EO data through its web and mobile
app, providing a seamless user experience with transparent pricing.
The company is developing an end-to-end EO marketplace with an
integrated insights platform and storage solution.
Satellogic will soon be expanding its offering for SkyFi users
with priority tasking, which offers shorter task-to-capture and
delivery timelines. Additionally, more product levels for a wider
range of applications, including higher resolutions to unlock new
details and analysis, will be introduced.
Satellogic’s integration with SkyFi marks a new venture into
distributing Satellogic’s data more widely. This program is
expected to expand with additional marketplace integrations, which
confirms the high demand for Satellogic’s unique blend of
capabilities and price point.
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 and
analytics 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”,
“intend”, “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 and include statements concerning
Satellogic’s strategies, Satellogic’s future opportunities, and the
commercial and governmental applications for Satellogic’s
technology. 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 as, 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)
Satellogic’s ability to scale its constellation of satellites and
to do so on Satellogic’s projected timeframe and in accordance with
projected costs, (ii) Satellogic’s ability to continue to meet
image quality expectations, to continue to enhance the capability
of its network of satellites and to continue to offer superior unit
economics, (iii) Satellogic’s ability to become or remain an
industry leader, (iv) the number of commercial applications for
Satellogic’s products and services, (v) Satellogic’s ability to
address all commercial applications for satellite imagery, changes
in the competitive and highly regulated industries in which
Satellogic operates, variations in operating performance across
competitors and changes in laws and regulations affecting
Satellogic’s business, (vi) the ability to implement business
plans, forecasts and other expectations, and to identify and
realize additional opportunities, (vii) the risk of downturns in
the commercial launch services, satellite and spacecraft industry,
(viii) the risk that the market for Satellogic’s products and
services does not develop as anticipated, (ix) the risk that
Satellogic and its current and future collaborators are unable to
successfully develop and commercialize Satellogic’s products or
services, or experience significant delays in doing so, (x) the
risk that third-party suppliers and manufacturers are not able to
fully and timely meet their obligations, (xi) the risk of product
liability or regulatory lawsuits or proceedings relating to
Satellogic’s products and services, and (xii) the risk that
Satellogic is unable to secure or protect its intellectual
property. 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 20-F 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20230328005402/en/
Investor Relations:
MZ Group Chris Tyson/Larry Holub (949) 491-8235
SATL@mzgroup.us
Media Relations:
Satellogic pr@satellogic.com
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