Satellogic Appoints Matthew Brannen to Oversee Global Legal Operations as Company Expands into New Markets
06 Dezembro 2022 - 10:00AM
Business Wire
Experienced Executive Brings Global Expertise
Representing Public and Private Companies
Satellogic Inc. (NASDAQ: SATL), a leader in sub-meter resolution
Earth Observation (“EO”) data collection, today announced Matthew
Brannen has joined the company’s senior management team as VP of
Legal to add compliance and regulatory leadership, and support
rapid growth into new markets and industries.
“Matt fully understands the compliance, regulatory and cultural
nuance hurdles that need to be cleared for scaled global growth,”
said Rick Dunn, CFO at Satellogic. “We’re thrilled to add Matt’s
expertise with complex go-to-market strategies as a tremendous
asset for us and our customers as we advance our products and
platform applications across borders and industries.”
Based in North Carolina, Brannen joins the company with
responsibility for managing Satellogic’s global legal operations,
including oversight of compliance and regulatory matters, and
improving operational efficiencies. He brings nearly 15 years of
legal experience representing public and private companies as
in-house and external counsel. He most recently served as Director,
Corporate Counsel for Sunlight Financial, a premier, NYSE listed
technology-enabled point-of-sale financing company. Brannen
previously served as Associate General Counsel for ACN, Inc., an
essential services business operating across 27 countries.
“I am excited to join a mission oriented team that takes pride
in finding creative solutions to complex challenges,” said Brannen.
“Satellogic leadership’s passion for and dedication to the
company’s vision was a major factor in my decision to join the
team, and I’m excited for what we are going to accomplish.”
Brannen’s appointment supports the company’s growth in
government and commercial markets where the company is helping
customers drive real outcomes with scalable, fully automated Earth
Observation data products and solutions.
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 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, (ix) the risk that third-party suppliers and
manufacturers are not able to fully and timely meet their
obligations, (x) the risk of product liability or regulatory
lawsuits or proceedings relating to Satellogic’s products and
services, and (xi) 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/20221206005409/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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