Satellogic Announces
Development of High-Throughput Manufacturing Plant
in the Netherlands
December 28, 2021
Satellogic announced that it
will be constructing a high-throughput satellite
manufacturing facility in the Netherlands.
This 57,000 square foot new
location is expected to accelerate the company’s
assembly of satellites and accommodate its
state-of-the-art manufacturing, integration, and
testing equipment. In addition to having logistics
capabilities and storage facilities designed for
sensitive optic-mechanical and electronic parts, the
facility will also host office and meeting space for
approximately 80 persons to support hybrid working
opportunities.
The site's location in Berkel
en Rodenrijs was strategically selected as the
region is home to a sizable workforce of skilled
labor. Proximity to The Hague, Delft, and Rotterdam
aids in providing Satellogic with the world’s best
logistic support.
Satellogic’s VP of
Manufacturing Operations, Gustav Wenhold, will lead
operations at the new facility. Wenhold has amassed
more than 20 years of international leadership
experience. For the last 15 years, he has managed
several aerospace manufacturing entities, ensuring
that required functions for self-sustaining business
models were in place.
“Satellogic has ambitious
growth plans that our new high-throughput plant is
designed to meet,” said Wenhold. “With these
significant additions to our production
capabilities, we’re prepared to continue supporting
our customers by delivering high frequency,
high-resolution imagery and strategic, timely
insights for decision makers.”
The new high-throughput plant
will follow a modern production approach and
Industry 4.0 principles. Construction of the
building is on schedule to be completed by the end
of January 2022. Production is expected to commence
during the second quarter of 2022 when the
facility’s equipment will be fully commissioned and
is expected to reach full production capacity of 25
satellites per quarter by Q3 2023.
“Satellogic relies on key
suppliers for the delivery of components and
subassemblies which have been fully developed by our
internal engineering and manufacturing teams,” said
Alessandro Comune, VP of Global Supply Chain. “With
this expansion to our supply chain, we expect we
will be able to scale up our production plans and
reach our goal of constantly maintaining 300
satellites in orbit.”
Satellogic will continue to
operate its current Assembly, Integration, and Test
(AIT) facility in Montevideo, Uruguay, with a
capacity of 24 satellites per year. In the future,
the facility in Uruguay will mainly function as a
pilot plant to introduce new technology for the
next-generation satellites. The technology will also
be further developed to achieve the manufacturing
maturity level for satellites required to be
transferred to the Netherlands where the processes
for industrialization and throughput increase are
developed. Both facilities will maintain a focus on
the company’s standardization, zero defects, and
zero waste initiatives.
Satellogic is expected to list as a public
company through a proposed business combination with
CF Acquisition Corp. V (Nasdaq: CFV) (“CFAC V”), a
special purpose acquisition company sponsored by
Cantor Fitzgerald. The transaction, which is
expected to allow Satellogic to build out its
constellation of satellites and maintain its
position as a global leader in sub-meter imagery, is
projected to close in the fourth quarter of 2021.
After closing, Satellogic will trade on the Nasdaq
under ticker symbol “SATL.”
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