Newsletter Q2-2022

On April 1, 2022, five additional spacecraft successfully launched from Cape Canaveral Space Force Station in Satellogic’s 11th mission.  All five satellites have made contact with our ground station network with good health reports, bringing our constellation total to 22 satellites in orbit.

This launch marks the first deployment of Satellogic’s new Mark V satellite model. The Mark V features improved cameras, radios, computers, and other subsystems compatible with all components from previous models, offering Satellogic’s customers higher quality products. The remaining satellites are four updated NewSat Mark IV models, which have increased onboard storage and upgrades to its propulsion and navigation systems. The enhancements include manufacturability and cost saving processes used in preparation for the opening of Satellogic’s High-Throughput Plant, which is expected to commence production by the second half of 2022.

With the addition of these five satellites, the Aleph-1 constellation will gain up to 5 daily revisits over any point of interest around the world.

In response to Russia’s invasion of Ukraine, Satellogic teamed up with key partners to deliver critical imagery for humanitarian and emergency response use. 

We are proud to announce our first collaborative Edge AI satellite with Palantir. This experimental project will conduct imagery processing onboard the satellite, enabling more opportunities for customers to gain near real-time data at scale for a diverse spectrum of applications.

 

We are pleased to announce the election of Tom Killalea to Satellogic’s Board of Directors. Mr. Killalea has more than 25 years of experience across product development, customer experience, and security in global technology. He brings our board to a total of eight members, each with a unique and valuable perspective to guide company growth.

In addition to Killalea, the Board’s members are: Steven Mnuchin, former Secretary of the Treasury and Founder and Managing Partner of Liberty Strategic Capital; General Joseph F. Dunford Jr., former Chairman of the Joint Chiefs of Staff and Senior Managing Director for Liberty Strategic Capital; Howard Lutnick, Chairman and CEO of Cantor Fitzgerald; Marcos Galperin, Co-Founder, Chairman and CEO at MercadoLibre; Bradley Halverson, Former Group President and Chief Financial Officer at Caterpillar; Ted Wang, Partner at Cowboy Ventures; and Emiliano Kargieman, Founder and CEO of Satellogic.