Satellogic Signs $12 Million Agreement to Deliver In-Orbit NewSat Satellite to Sovereign Defense Customer
Satellogic, Inc. (NASDAQ: SATL), a vertically integrated geospatial company delivering high-resolution Earth Observation (EO) at unprecedented scale and economics, today announced an agreement valued at $12 million with a sovereign defense customer to deliver a commissioned, in-orbit NewSat satellite from its operational Aleph-1 constellation.
The agreement encompasses the sale and full transfer of ownership and operations of the satellite to the customer, along with comprehensive support to develop independent capabilities to command the satellite and to process and use its data for military and civilian applications. The transfer process will begin immediately and is expected to be completed in early 2027, subject to the parties meeting contractual and regulatory milestones. Upon completion, the satellite will be removed from Satellogic’s operational fleet and incorporated into the customer’s sovereign regulatory framework.
By delivering an already commissioned and flight-proven asset from the Aleph-1 constellation, the agreement enables the customer to achieve sovereign Earth observation capability with unmatched speed and cost efficiency, eliminating the technical risk and multi-year timelines associated with traditional satellite procurement programs. With one of the largest high-resolution constellations commercially available, Satellogic is able to offer Space System’s customers an expedient option of in-orbit delivery while maintaining ample capacity within its own constellation for existing and new Data and Analytics customers.
“This agreement reflects the growing demand from sovereign nations for direct, independent access to space-based intelligence,” said Jeff Kerridge, SVP of Global Sales at Satellogic. “Our customer recognized that an already operational satellite, backed by the proven reliability of our constellation, delivers capability that would otherwise take years and significantly more investment to build from scratch. We are proud to support their national objectives and look forward to a long-term partnership.”
A New Model for Sovereign Earth Observation
The transaction reflects Satellogic’s flexible approach to meeting government customers at every stage of their journey toward sovereign Earth observation, from access to high-frequency imagery and managed space systems to full satellite ownership and autonomous data availability. Satellogic’s vertically integrated model, spanning satellite design, manufacturing, and operations, uniquely positions the company to offer this range of solutions at a speed and price point unmatched in the market.
With the assurance provided by the extensive Aleph-1 constellation, customers benefit not only from the individual satellite but from the operational infrastructure and expertise of a proven, scaled constellation operator.