Curated News
By: NewsRamp Editorial Staff
October 17, 2025
Satellogic Prices $90M Public Offering to Expand Earth Observation Platform
TLDR
- Satellogic's $90 million public offering provides capital to scale its Earth Observation platform, creating competitive advantages in high-resolution geospatial data markets.
- Satellogic priced 27.7 million shares at $3.25 each through underwriters Cantor and Titan Partners, with closing expected around October 17, 2025.
- Satellogic's funding supports democratizing geospatial data to help solve climate change, energy supply, and food security challenges worldwide.
- Founded in 2010, Satellogic is building an automated platform to remap the entire planet with unprecedented frequency and resolution capabilities.
Impact - Why it Matters
This funding enables Satellogic to accelerate its mission of democratizing access to high-resolution Earth observation data, which has profound implications for addressing global challenges. As climate change intensifies and resource management becomes increasingly critical, the ability to monitor our planet with unprecedented detail and frequency becomes essential for governments, researchers, and industries. Satellogic's scalable platform could revolutionize how we track deforestation, monitor agricultural productivity, assess disaster damage, and understand environmental changes in real-time. For investors, this represents an opportunity to support a company positioned at the intersection of space technology and sustainability, while for society at large, it means better tools for making data-driven decisions about our planet's future.
Summary
Satellogic (NASDAQ: SATL), a pioneering Earth Observation company founded in 2010 by Emiliano Kargieman and Gerardo Richarte, has announced a significant financial milestone with the pricing of its underwritten public offering. The company is issuing 27,692,308 shares of Class A common stock at $3.25 per share, generating expected gross proceeds of approximately $90 million before deductions. This substantial capital infusion represents a major vote of confidence in Satellogic's vision and technology, with underwriters granted a 30-day option to purchase up to an additional 4,153,846 shares on the same terms. The offering is scheduled to close around October 17, 2025, subject to standard closing conditions, with Cantor and Titan Partners Group serving as joint bookrunning managers while Craig-Hallum and Northland Capital Markets act as co-managers.
As the first vertically integrated geospatial company, Satellogic stands at the forefront of the Earth Observation sector with its mission to democratize access to high-resolution geospatial data. The company's innovative platform aims to provide planetary-scale insights through sub-meter resolution imagery, leveraging patented Earth imaging technology to deliver unprecedented value and accessibility. Satellogic's ambitious goal involves building a fully automated EO platform capable of remapping the entire planet with optimal frequency and resolution, addressing critical global challenges including climate change, energy supply, and food security. With over a decade of space experience and proven satellite deployment capabilities, the company has established itself as a leader in delivering high-quality data at competitive price points.
The net proceeds from this offering will be allocated toward general corporate purposes, supporting Satellogic's continued expansion and technological advancement. This financial development comes through TechMediaWire, a specialized communications platform within the Dynamic Brand Portfolio that focuses on pioneering technology companies. The offering represents a significant step in Satellogic's journey to scale its operations and enhance its capacity to provide affordable, high-resolution Earth Observation solutions to customers worldwide, further solidifying its position in the competitive geospatial data market.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Satellogic Prices $90M Public Offering to Expand Earth Observation Platform
