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, 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. This substantial capital infusion represents a significant milestone for the company as it continues to scale its automated Earth observation platform.

The company granted underwriters a 30-day option to purchase up to an additional 4,153,846 shares on the same terms, providing potential for additional funding. 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 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, supporting the continued development and expansion of its Earth observation capabilities.

Founded in 2010, Satellogic has established itself as the first vertically integrated geospatial company, driving real outcomes with planetary-scale insights. The company is building a scalable, fully automated Earth observation platform designed to remap the entire planet with an optimal balance of frequency and resolution at unprecedented unit economics. This approach provides accessible and affordable solutions for customers seeking high-quality geospatial data. For more detailed information about the company's technology and mission, visit https://satellogic.com/.

Satellogic's core mission focuses on democratizing access to geospatial data through its information platform of high-resolution images. The company aims to help solve some of 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 Earth observation to deliver high-quality planetary insights at unparalleled value. With more than a decade of experience in space operations, the company has proven technology and a strong track record of delivering satellites to orbit and high-resolution data to customers at competitive price points.

The $90 million offering represents a critical step in Satellogic's growth strategy, providing the financial resources needed to accelerate the deployment of its satellite constellation and enhance its data processing capabilities. As global challenges such as climate monitoring, agricultural optimization, and resource management become increasingly data-dependent, Satellogic's platform offers a scalable solution for organizations seeking reliable Earth observation data. The successful pricing of this public offering demonstrates investor confidence in the company's vision and technological approach to addressing these global needs through advanced geospatial intelligence.