Satellogic Receives $18 Million Contract for Earth Observation Monitoring
[출처/시간] MT Newswires - 10:07 AM ET, 05/26/2026 10:07 AM EDT, 05/26/2026 (MT Newswires) -- Satellogic (SATL) said Tuesday it was awarded a one-year contract valued at over $18 million for persistent Earth observation monitoring. The client, an international defense company, expects to advance from trial to full deployment in under six months, according to Satellogic. Under the contract, Satellogic said it will provide the customer with geospati
[출처/시간] MT Newswires - 10:07 AM ET, 05/26/2026
10:07 AM EDT, 05/26/2026 (MT Newswires) -- Satellogic (SATL) said Tuesday it was awarded a one-year contract valued at over $18 million for persistent Earth observation monitoring.
The client, an international defense company, expects to advance from trial to full deployment in under six months, according to Satellogic.
Under the contract, Satellogic said it will provide the customer with geospatial intelligence through its NewSat constellation to support ongoing situational awareness across strategically critical regions.
Shares of the company were up 9.6% in Tuesday trading.
Price: 11.63, Change: +1.02, Percent Change: +9.59
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