Satellogic awarded $30M defense contract

Satellogic (SATL) has been awarded a multi-year contract valued at $30M to provide near-daily and ultra-low latency analytics from its AI-first constellation to a strategic defense and security customer. This approach generates analytics directly onboard each satellite, enabling insights to be downlinked within minutes, enhancing operational responsiveness and decision-making capabilities. Under the terms of the agreement, Satellogic will deliver multiband optical imagery captured by the satellite constellation. The constellation is uniquely designed to run AI algorithms in real time, enabling advanced defense and security surveillance applications including rapid change monitoring, detection of defense targets, pattern of life assessment and monitoring of other sensitive defense sites.