Satellogic Signs Agreement with Agencia Espacial del Paraguay to Provide Dedicated Satellite Constellation to the Republic of Paraguay

October 26, 2021

Satellogic has signed a letter of intent (the “LOI”) with Agencia Espacial del Paraguay (“AEP”) to develop a Space-as-a-Service program for the country. As a result of this LOI, Satellogic and AEP will undertake various technological and scientific projects in accordance with AEP’s Institutional Strategic Plan and the Space Policy of Paraguay.

The LOI provides a framework for the start-up and development of a dedicated satellite constellation network. Satellogic’s Dedicated Satellite Constellation Program enables municipal, state, and national governments to manage a fleet of satellites over a specific area of interest and develop a geospatial imaging program at unmatched frequency, resolution, and cost.

“The Dedicated Satellite Constellation Satellogic will develop for AEP is a low-risk, cost-effective Space-As-A-Service model tailored for AEP and the Republic of Paraguay,” said Luciano Giesso, Sales Director for Satellogic. “Latin America is increasingly focused on space technologies to create new infrastructures to unlock the benefits of satellite data across many industries. This region continues to be an area of focus for us, uncovering huge opportunities for new space activities and projects.”

Countries unequipped with their own satellites orbiting the Earth are limited in their ability to capture data about their policy implementation and infrastructure. Satellogic’s Dedicated Satellite Constellation Program expands access to geospatial analytics and insights that contribute to strategic national interests, with no capital outlay and no technical or operational risks.

“This is the first agreement of this kind signed between AEP and a global space company, contributing to aerospace development for the public and private sectors of Paraguay, and establishing a sustainable system for our Space Agency purposes,” expressed Alejandro Román, General Director of Aerospace Development for AEP. “Satellogic is building the first scalable, high-resolution, earth-observation platform, and they could become the ideal partner to leverage outer space peacefully for the benefit of the Paraguayan population and the development of our country on new satellite technologies.”

With access to Satellogic's Dedicated Satellite Constellation Program, governments of all sizes are now able to develop unique earth-observation programs to support key decisions and manage policy impact, measure investment and socio-economic progress, and foster collaboration, data and information sharing, and innovation.