Satellogic Inc (SATL) Provides Business Update

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Go back to Satellogic Inc (SATL) Provides Business Update

Satellogic Provides Business Update

December 15, 2022 4:01 PM EST

Asset Monitoring Revenue Grew at a 35% CAGR Year-to-Date through October with Constellation-as-a-Service (CaaS) Business Gaining Momentum Following a Multi-Million-Dollar Agreement Awarded from the Republic of Albania

Fully Funded, Debt-free 2023 Business Plan with Expectation of Reaching Adjusted EBITDA Breakeven in 2024

$124 million in Cash at 1H 2022; Expected to be $78 - $82 million at End of 2022

Established New Space Systems Business Line to Sell Satellites Directly to Select Customers, with Unmatched Build-to-Launch Cycles of Less than 8 months

Largest High Resolution Commercial... More