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Satellogic Prices $90 Million Public Offering to Accelerate Earth Observation Platform Expansion

Burstable News - Business and Technology News October 17, 2025
By Burstable News Staff
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Satellogic Prices $90 Million Public Offering to Accelerate Earth Observation Platform Expansion

Summary

Satellogic Inc. has priced a $90 million public offering of Class A common stock to fund the expansion of its sub-meter resolution Earth Observation platform, advancing its mission to democratize access to geospatial data for addressing global challenges.

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Satellogic Inc. (NASDAQ: SATL), a leader in sub-meter resolution Earth Observation data, has announced the pricing of its underwritten public offering of 27,692,308 shares of Class A common stock at $3.25 per share. The offering is expected to generate gross proceeds of approximately $90 million before deductions, assuming no exercise of the underwriters' option to purchase up to an additional 4,153,846 shares on the same terms. The offering is scheduled to close on or about October 17, 2025, subject to customary closing conditions.

Cantor and Titan Partners Group, a division of American Capital Partners, are serving as joint bookrunning managers for the offering, while Craig-Hallum and Northland Capital Markets are acting as co-managers. The company intends to use the net proceeds for general corporate purposes, which will support the continued development and scaling of its Earth Observation platform. This capital infusion represents a significant milestone for Satellogic as it works toward building a fully automated EO platform capable of remapping the entire planet with optimal frequency and resolution.

The funding comes at a critical time for the Earth Observation industry, which is increasingly vital for addressing global challenges. Satellogic's mission to democratize access to geospatial data through high-resolution imaging technology positions the company to contribute meaningfully to solving pressing worldwide issues including climate change monitoring, energy supply optimization, and food security enhancement. The company's patented Earth imaging technology enables the delivery of planetary-scale insights at unprecedented value, making high-quality data accessible and affordable for customers across various sectors.

Founded in 2010 by Emiliano Kargieman and Gerardo Richarte, Satellogic has established itself as the first vertically integrated geospatial company with more than a decade of experience in space technology. The company has demonstrated proven capability in delivering satellites to orbit and providing high-resolution data to customers at competitive price points. This public offering represents the next phase in Satellogic's growth trajectory, enabling the company to scale its operations and enhance its technological capabilities.

The implications of this capital raise extend beyond Satellogic's immediate corporate needs. As climate-related challenges intensify globally, the demand for accurate, frequent Earth Observation data continues to grow across government, commercial, and research sectors. Satellogic's platform, when fully scaled, promises to provide unprecedented monitoring capabilities that could transform how organizations track environmental changes, manage natural resources, and respond to climate-related events. The company's focus on achieving optimal unit economics while maintaining high-resolution standards could set new benchmarks for affordability and accessibility in the Earth Observation market.

For more information about Satellogic's technology and mission, visit https://satellogic.com/. The successful completion of this offering could accelerate the company's ability to deliver on its vision of providing planetary-scale insights that drive real outcomes across multiple industries and applications.

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