Satellogic Announces Closing of $20 Million Registered Direct Offering of Class A Common Stock
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 16 2025
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Source: Globenewswire
Stock Offering Announcement: Satellogic Inc. has completed a registered direct offering of 6,451,612 shares of Class A Common Stock at $3.10 per share, raising approximately $20 million for general corporate purposes.
Company Growth Strategy: The CEO emphasized that this funding, along with a recent AI-first constellation contract worth $30 million, positions Satellogic for significant growth and enhances its focus on delivering high-resolution Earth observation data.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
