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

Satellogic Inc. (NASDAQ: SATL), a leader in sub-meter resolution Earth Observation data, has priced a $90 million public offering of Class A common stock. The company will sell 27,692,308 shares at $3.25 per share, generating expected gross proceeds of approximately $90 million before deductions. Underwriters received a 30-day option to purchase up to an additional 4,153,846 shares on the same terms, with the offering expected to close around October 17, 2025, subject to customary closing conditions.

The capital raise represents a significant development in the Earth observation sector, where Satellogic aims to build what it describes as the first vertically integrated geospatial company. The funding will support the company's mission to democratize access to geospatial data through its information platform of high-resolution images. This technology has practical applications for addressing some of humanity's most pressing challenges, including climate change monitoring, energy supply optimization, and food security enhancement.

Cantor and Titan Partners Group, a division of American Capital Partners, are acting as joint bookrunning managers for the offering, while Craig-Hallum and Northland Capital Markets serve as co-managers. Satellogic plans to use the net proceeds for general corporate purposes, which typically includes funding operational expansion, technology development, and market growth initiatives. The company's approach centers on building a scalable, fully automated Earth observation platform designed to remap the entire planet with an optimal balance of frequency and resolution.

Founded in 2010 by Emiliano Kargieman and Gerardo Richarte, Satellogic has spent more than a decade developing its patented Earth imaging technology. The company's platform aims to deliver high-quality planetary insights at what it describes as unprecedented unit economics, making sophisticated geospatial data more accessible and affordable for customers across various industries. This accessibility could transform how governments, researchers, and businesses monitor environmental changes, urban development, and resource management.

The timing of this capital infusion comes as demand for reliable Earth observation data continues to grow across multiple sectors. From tracking deforestation and monitoring agricultural productivity to assessing climate change impacts and supporting disaster response efforts, high-resolution satellite imagery has become increasingly vital for informed decision-making. Satellogic's offering positions the company to capitalize on this expanding market while advancing its goal of providing planetary-scale insights that drive real-world outcomes. For additional information about the company's technology and mission, visit https://satellogic.com/.