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SATL News
SATL Events
Satellogic Successfully Launches First Merlin.01 Satellite
Satellogic announced the successful satellite launch of its first Merlin.01, two NewSat Mark VIs, and one NewSat Mark V. The satellites were delivered into sun-synchronous low-Earth orbit from Vandenberg Space Force Base, California onboard a SpaceX Falcon 9 on October 1st. They have made contact with Satellogic's ground station network with good health reports for all subsystems.
Satellogic Expands Agreement with IDT to Support ONR Slingshot III Program
Satellogic announced an expanded agreement with Innovative Defense Technologies, or IDT, in support of the U.S. Office of Naval Research, or ONR, Slingshot III program. The new work builds on Satellogic's ongoing role in the Slingshot initiative and will advance faster, more autonomous production of track data, improved predictive planning, and new in-orbit operational capabilities. Under the agreement, Satellogic will conduct a series of on-orbit activities and tests during 2027 and 2028. The work supports the integration of six new Satellogic NewSat Mark VI satellites into the Slingshot III architecture over the next 18 months, extending the program from proof-of-concept demonstrations toward operationally relevant capabilities. The activities and testing will encompass enhanced onboard data processing, system feasibility checks, and automated data filtering. Together, these capabilities are designed to accelerate the creation of actionable track data and enable more responsive planning and execution across a distributed satellite system.
Satellogic to Launch Three New Satellites in October
Satellogic announced that two new NewSat Mark VI satellites equipped with inter-satellite link technology and one additional NewSat Mark V satellite will launch in October. The two Mark VI satellites extend Satellogic's ISL architecture across a growing share of its fleet, allowing satellites to share information directly with one another in orbit. A detected change or object of interest on one satellite can inform the tasking of another without every decision passing through the ground first, shortening the data-to-decision timeline and ensuring the constellation operates as a connected, coordinated system.
SynMax Delivers Maritime Intelligence Exclusively Through Theia
SynMax announced that all maritime intelligence derived from Satellogic's Merlin constellation will be delivered exclusively through Theia, SynMax's maritime intelligence platform. Designed to scan the planet daily at one-meter-class resolution with co-collected AIS, beginning with its first launch in October 2026, Merlin gives Theia a high-frequency imagery pipeline purpose-built for maritime domain awareness. The capability rolls out to customers beginning in 2027 as the constellation builds out.
Company Reports Q2 Revenue of $15.92M, Beating Expectations
Reports Q2 revenue $15.92M, consensus $9.58M. "The second quarter delivered a decisive demonstration of the operating leverage in our vertically-integrated PGI infrastructure model," said CEO Emiliano Kargieman. "Strong operational execution drove a 259% year-over-year increase in our revenue, delivering $15.9 million in the quarter. Additionally, we generated positive operating income and positive Adjusted EBITDA. This is the inflection point we have been building toward - a business capable of converting commercial momentum into profitability."
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