SATL - Satellogic signs multiple launch agreement with SpaceX
Nano satellites operator Satellogic (NASDAQ:SATL) signed a multiple launch agreement with SpaceX (SPACE), reserving launch capacity for its next 68 satellites. The agreement will help the company achieve weekly remapping of the entire surface of the Earth in 2023 and over 20 daily revisits of any point of interest. With these launches, SATL is on track to become the first company to be able to remap the entire surface of the planet in high-resolution and with high frequency. The company has plans to launch additional satellites each quarter. Shares were trading +14.56% pre-market.
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Satellogic signs multiple launch agreement with SpaceX