Insider Brief:
- Satellogic announced that four NewSats Mark-V spacecraft successfully reached low-Earth orbit following a SpaceX Falcon 9 launch.
- This marks Satellogic’s 15th mission and its first payload comprised exclusively of its latest generation spacecraft with advanced Earth Observation capabilities.
- Satellogic now has 38 microsatellites in orbit, the largest commercial fleet of sub-meter resolution satellites in the world.
PRESS RELEASE — New York / June 13, 2023 — Satellogic Inc. (NASDAQ: SATL), a leader in sub-meter resolution satellite imagery collection, today announced that four NewSats Mark-V spacecraft successfully reached low-Earth orbit following a SpaceX Falcon 9 launch on June 12th from Vandenberg Space Force Base in California. This marks Satellogic’s 15th mission and its first payload comprised exclusively of its latest generation spacecraft with advanced Earth Observation (“EO”) capabilities.
Each spacecraft reached low Earth orbit and successfully connected with Satellogic’s ground station network following the launch. Satellogic now has 38 microsatellites in orbit, the largest commercial fleet of sub-meter resolution satellites in the world.
“Today we celebrate 15 consecutive successful missions and the continued expansion of our constellation, which means we are consistently delivering more capacity, more reliability — and in this case next-gen capabilities — for our customers,” said Matt Tirman, Chief Commercial Officer of Satellogic. “With each launch, we increase opportunities for Earth Observation autonomy, whether through asset monitoring, Constellation-as-a-Service, or validating enhancements for future Space Systems customers. With greater capacity, we can serve customers’ individual needs more effectively.”
Satellogic designed and manufactured the NewSats Mark-V spacecraft, which include over 10,000 components in a system that enables 10 times the image collection capability of our competitors and end-to-end vertical integration with solutions that make access to high-frequency and high-resolution imagery affordable. Improved cameras, radios, computers, and other subsystems compatible with components from previous models, enable Satellogic to provide its customers with higher quality products. Each spacecraft carries a multispectral camera to provide geospatial data with 0.7-meter resolution imagery and unmatched frequency for customized applications.
Satellogic continues its tradition of recognizing pioneering women in STEM, this time honoring Carolyn Shoemaker, an American astronomer and a co-discoverer of Comet Shoemaker-Levy; Cecilia Payne-Gaposchkin, a British-born American astronomer and astrophysicist, who in her 1925 doctoral thesis made the groundbreaking conclusion that stars were composed primarily of hydrogen and helium; Maria Wonenburger, a Galician mathematician known for her work on group theory, who was the first Spanish woman to obtain a Fulbright scholarship for doctoral studies in mathematics; and Rose Dieng-Kuntz, a Senegalese computer scientist and pioneer specializing in artificial intelligence, who was the first African woman to enroll in the École Polytechnique.
Satellogic’s previous launch on the SpaceX Transporter-7 Mission in April 2023 was the final integration of the Company’s earlier NewSats Mark-IV spacecraft model. Satellogic expects to build and launch up to 10 additional NewSats Mark-V satellites this year to increase its ability to remap the Earth every two weeks by the end of 2023. The Company aims to expand its constellation to over 200 satellites for daily remaps of the Earth’s surface, with up to 40 revisits of points of interest per day, for better decision-making at every level around the world.
To watch SpaceX’s Transporter-8 mission webcast, please visit: spacex.com/launches.
Contact Information:
Investor Relations:
MZ Group
Chris Tyson/Larry Holub
(949) 491–8235
[email protected]
Media Relations:
Satellogic
[email protected]
SOURCE: Satellogic
Featured image: Satellogic logo. Credit: Satellogic
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