Satellogic (SATL) announced an extension of its existing agreement with the Government of Albania to continue country-wide, high-frequency satellite monitoring using its NewSat constellation. The 11-month contract extension builds on a previously signed three-year agreement that provided Albania with dedicated satellite capacity and the naming of two satellites, Albania-1 and Albania-2. Under the extended agreement, Albanian government agencies will continue to receive frequent, high-resolution imagery covering the country’s entire territory.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SATL:
- Satellogic V Inc call volume above normal and directionally bullish
- Satellogic, HEO establish Australia’s first sovereign sub-meter capability
- Midday Fly By: Minnesota CEOs call for deescalation, Nvidia invests in CoreWeave
- Satellogic prices 7.4M shares at $4.73 in registered direct offering
- Craig-Hallum bullish on Satellogic, initiates with a Buy
