Satellogic Inc. (NASDAQ: SATL), a leader in sub-meter resolution
satellite imagery collection, today announced it will be
participating in the upcoming GEOINT 2022 Symposium, the largest
gathering of GEOINT professionals in the U.S. The Company will be
exhibiting at Booth #109, where it will display a 1:1 NewSat
satellite model. The event is taking place April 24 – 27, 2022 at
the Gaylord Rockies Resort & Convention Center in Aurora,
Colorado.
“We are looking forward to participating in this
important event with other leaders in the geospatial intelligence
industry and being able to showcase our satellite replica,” stated
Thomas VanMatre, Vice President of Global Business Development at
Satellogic. “Our team will have the opportunity to discuss
Satellogic’s mission, capabilities and growth, and how we are
advancing the industry with unrivaled cost savings. We believe that
making satellite imagery and data more accessible and affordable
will drive greater adoption across industries and governments
enabling more positive outcomes and effective solutions to address
today’s most urgent challenges.”
Satellogic is the first vertically integrated
geospatial company and is creating and continuously enhancing the
first scalable, fully automated Earth Observation (EO) platform.
The Company provides accessible and affordable solutions for
customers. Satellogic’s mission is to democratize access to
geospatial data of high-resolution images and analytics through its
information platform to help solve the world’s most pressing
problems.
Its constellation currently consists of 22
satellites following the recent successful launch of five
additional satellites on the SpaceX Transporter-4 mission. This
allows for up to five daily revisits of any point of interest and
daily collection capacity of more than five million square
kilometers in high-resolution. By 2025, Satellogic plans to grow
its constellation to over 200 satellites in order to provide daily
coverage of the entire surface of the Earth.
In attendance from Satellogic will be Thomas
VanMatre, Vice President of Global Business Development; Graner
Thorne, Director of Global Defense Sales; Luciano Giesso, Senior
Director of Global Business Development; Ryan Driver, Vice
President of Corporate Development; Duke Ingraham, Director,
Satellogic Business; Ryan McKinney, Vice President and General
Manager; Will Bryan, Business Development Manager; Sydney Hayes,
Sales and Business Development Representative; and David Newkirk,
Mission Solutions Manager.
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 Earth Observation
(“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”, “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 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, (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 registration statement on Form F-1
and the prospectus included therein 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.
Contacts
Investor Relations:
MZ GroupChris Tyson/Larry
Holub(949) 491-8235SATL@mzgroup.us
Media Relations:
Satellogicpr@satellogic.com
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