In the most bullish outcomes, Satellogic could perform and be better, and recent earnings seem to increase the likelihood of gains. Looking closer, Q2 in particular is not nearly as strong as it looks, even if there was some good news. A history of overpromising is a concern, as is a small customer base.
The new president of Earth-observation firm Satellogic is a retired U.S. Navy vice admiral who led the Pentagon's geospatial intelligence agency, a key hire for its defense business as it builds a satellite network that can map the entire planet on a daily basis.
Satellogic highlights a shift to subscription-based persistent monitoring as Merlin launches advance and sovereign demand strengthens.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 1,330 | $7,307.56 | $5,466.3 | -$1,841.26 | -25.2% |
| NA Nizar Araji National Bank Of Canada /FI/ | 3,992 | $21,914.88 | $16,407.12 | -$5,507.76 | -25.13% |
| DS Danny Salinas Cantor Fitzgerald LP | 4.98M | $14.78M | $19.51M | $4.73M | 32.02% |
| JS Jeremy Szuch MSA Advisors LLC | 26,261 | $142,860 | $101,104.85 | -$41,755.15 | -29.23% |
| BG Bart Gancher Intech Investment Management LLC | 39,231 | $161,786.34 | $160,847.1 | -$939.24 | -0.58% |
| Automobile Components Industry | Consumer Discretionary Sector | Emiliano Kargieman CEO | NASDAQ (CM) Exchange | 80401C100 CUSIP |
| US Country | 154 Employees | - Last Dividend | - Last Split | 26 Mar 2021 IPO Date |
Satellogic Inc. is recognized as a pioneering force in the geospatial industry, with its operations extending across the Asia Pacific, North America, and other global markets. Founded in 2010, and with its headquarters located in Montevideo, Uruguay, the company has carved a niche for itself by providing comprehensive satellite imaging solutions. Satellogic is dedicated to leveraging the power of its satellite technology to offer real-time monitoring services which cater to both government and commercial clients. Through its innovative approaches, Satellogic is not just about observing the Earth but is actively involved in redefining the way we understand and interact with our planet.
This service enables government and commercial customers to have Satellogic’s satellites focus on monitoring specific assets, thereby providing up-to-date information on their condition and the dynamics of their changing environment. This strategic monitoring is essential for sectors requiring regular updates about the state of critical infrastructures or natural resources.
Satellogic offers specialized services for government entities, allowing for the control of satellites to maintain continual observation over predetermined areas of interest. This capability is crucial for national security, environmental monitoring, and managing geopolitical interests.
Apart from satellite tasking and control services, Satellogic engages in the direct sale of satellites to clients, coupled with comprehensive support services. This aspect of their business caters to entities interested in acquiring proprietary satellite capabilities, including the necessary technical support for successful deployment and operation.