Satellogic Shares Rise After 7-Figure Earth Observation Contract Announced

MT Newswires Live

01/08

Satellogic (SATL) shares rose 18% in Thursday trading after the company announced a seven-figure agreement with an undisclosed strategic client to provide high-frequency Earth observation services across priority sites.

The contract provides "daily-revisit, high-resolution coverage, enabling consistent observation over priority regions for extended periods of time," the company said Thursday in a statement.

Price: 2.82, Change: +0.42, Percent Change: +17.50

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