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Satellogic Inc. (SATL)

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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4.5800+0.2300 (+5.29%)
At close: 03:59PM EDT
4.5800 0.00 (0.00%)
After hours: 04:49PM EDT

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  • G
    GEGR  Pink Diamond 14 Co's
    Satellogic ..Still Orbiting UP 11 % for 3 Month period as per Marketwatch. Are You FILLING This SATL DIP Before It Takes Flight..$$..??
  • M
    Marc
    I like it, going up with very low volume
  • K
    Kenneth
    We need some interest with knowledgeable posters. No-one seems to be interested in this board. I find a serious board to be an advantage by showing the honest thoughts by posters. No-one is posting. Old Kenneth. OK.
  • W
    Wm Edstrom
    Stock market is up today. SATL just got job to launch 68 satellites for Elom Musk. And SATL's stock is down 4%. Makes total sense to me.!
  • N
    Nic
    EX-10.4
    www.sec.gov
  • G
    Grace
    Why is this up so much on a down market day?🤔
  • N
    Nic
    Great article in Aviation Week and Space Technology March 7-20, 2022 issue regarding How Earth-Observed Spacecraft Manufacturers Align. Satellogic is mentioned among other Smallsat Vertically Integrated Production companies.
  • N
    Nic
    I've started averaging in. I think SATL will be a good one!
  • N
    Nic
    More from the prospectus

    Facilities

    We operate out of our headquarters in a free trade zone, Zonamerica, in Montevideo, Uruguay, which consists of approximately 2,400 square feet of office space and an approximately 5,700 square foot manufacturing pilot plant, which has a maximum annual production capacity of approximately 24 satellites. Each of our 17 satellites in orbit today were manufactured, assembled, integrated and tested in this facility. These facilities are leased pursuant to multi-year lease agreements the terms of which are scheduled to expire in October 2025. We are currently in the process of establishing a high throughput plant, which will be in the Netherlands and capable of manufacturing at least 100 satellites annually. We believe that locating our new plant in the Netherlands has a variety of strategic advantages, including availability of skilled workforce and proximity to customers and suppliers. We expect our high throughput plant will be operational by the end of 2022.

    Sales and Marketing

    To date, our sales teams have focused on governmental defense and intelligence customer opportunities. Since developing and launching 13 of our satellites during 2020, we have significantly accelerated our sales and marketing efforts to government defense and intelligence agencies, emphasizing both U.S. allies and direct U.S. opportunities. We plan to expand our marketing efforts to increase demand for our products and services and awareness of our brand and grow our sales team to respond to our anticipated growth and our future target commercial platform customers.

    Customers

    In the near term, we intend to derive substantially all our revenue from providing geospatial intelligence, imagery and related data analytic products and services to governments and, in the longer-term, intend to expand our operations to serve commercial customers in a variety of markets and industries.

    We are currently dependent on two large commercial contracts in addition to a small number of other customers, for our revenue. Our two large commercial contracts are with ABDAS, a data science company in China, and Palantir Technologies, a software company in the U.S.
  • M
    Marc
    #SATL news on agreement with SpaceX to send 68 satellites. wow!! they are moving fast
  • N
    Nic
    SEC Form 6K

    Share Repurchase Program

    On February 14, 2022, the Company announced that its Board of Directors approved an initial $5 million share repurchase program. Repurchases under the program may be made in the open market, in privately negotiated transactions or otherwise, with the timing of repurchases depending on market conditions. Open market repurchases will be structured to occur within the pricing and volume requirements of Rule 10b-18.
  • N
    Nic
    Two things to consider....
    1. Steven Mnuchin is now on the Board of Directors.
    2. Steven Mnuchin invested in SATL with money raised from Middle East Sovereign Investment Funds. The countries who have invested in SATL are also good candidates to be customers.
  • S
    S
    We have lift-off
  • H
    HpDagoni
    Loading for next 6 months
  • N
    Nic
    https://rumble.com/vzbxjh-spacexs-new-starship-booster-arrives-at-launch-site-raptor-2-engines-delive.html
    This video clip mentions the SpaceX launch that took the latest SATL satellites to orbit on April, 1. Some great footage!
  • W
    Wei
    Some fat fingers, at the moment of yesterday's news, bought above $11, $12 and even $15, ..., they have to dump near term at whatever the price, ..., and after that demand is absorbed, shares will bounce to $9 or $10
  • N
    Nic
    From the prospectus.
    "We anticipate reaching weekly remaps of the planet by 2023 and daily remaps in 2025 with our full constellation. When we reach weekly remaps, we expect to control approximately 80% of the global supply of high resolution imagery in the market at near zero marginal cost"

    Anticipating 80% of the market by 2023. This will be a busy year!
  • R
    Ryan
    Satellogic Announces Upcoming Launch of Five New Satellites Onboard SpaceX Transporter-4 Mission

    https://finance.yahoo.com/news/satellogic-announces-upcoming-launch-five-130000042.html
  • W
    Wei
    Elon Musk likely will buy this cutting edge space mission critical company; or else Bezos will buy.

    The company down huge for absolutely no reason. Some manipulation going on.
  • j
    julian
    Run away fast, or short to 4