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Satellogic Announces
Multiple Launch Agreement with SpaceX for its Next
68 Sub-Meter Resolution Earth Observation Satellites
May 4, 2022
Satellogic Inc. has
signed a new Multiple Launch Agreement (“MLA”) with
SpaceX reserving launch capacity for its next 68
satellites. This new MLA follows the current MLA
covering 2022 launches, and confirms that SpaceX
continues to be Satellogic’s preferred vendor for
rideshare missions, meeting the capacity demands of
Satellogic’s constellation roadmap and providing
shorter periods between satellite development and
deployment.
“Following our previous launch
successes with SpaceX, we are pleased to have signed
this MLA to continue our work together in 2023 and
beyond,” stated Emiliano Kargieman, CEO and
Co-Founder of Satellogic. “Today’s announcement
ensures that we will be able to continue to launch
our satellites as they are produced and that we
remain on track to collect every square meter of the
Earth’s surface every week in 2023, providing our
customers with the most up-to-date, reliable
high-resolution data source on a global scale.
Expanding our capacity is crucial to making Earth
Observation data affordable and accessible for
everyone.”
Satellogic builds its own
spacecraft, manages its constellation, and
productizes the EO data it collects to better serve
its customers in every industry. This vertical
integration ultimately reduces the cost of deriving
insights from EO, enabling Satellogic to offer
actionable data at a price point that a broader
range of organizations can afford. Similarly,
SpaceX, which has a focus on decreasing the cost of
space access, manufactures its own advanced rockets
and spacecraft, allowing for more affordable options
and greater innovation. SpaceX’s frequent launch
schedule will help Satellogic accomplish its goals
to significantly grow its constellation.
Satellogic recently announced
the launch of five additional spacecraft. They were
delivered to a sun-synchronous low-Earth orbit on
SpaceX’s Transporter-4 mission onboard the Falcon 9,
a reusable, two-stage rocket. Satellogic currently
operates 22 high-resolution satellites, and with the
launches covered on this new MLA is on track to
become the first company to be able to remap the
entire surface of the planet in high-resolution and
with high-frequency. Satellogic has plans to launch
additional satellites each quarter, aiming to
ultimately grow its constellation to over 200
satellites by 2025 in order to provide daily
sub-meter resolution imagery of the entire surface
of the Earth and up to 40 revisits of points of
interest per day.
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