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1. Company Snapshot

1.a. Company Description

Satellogic Inc.builds and operates nano satellites for commercial-grade Earth observation in real-time.It offers data streams that are used in decision-making processes for various branches of government, organizations, businesses, and individuals.


Its satellites are used for applications in agriculture, pipeline monitoring, critical infrastructure monitoring, disaster response, illegal logging, border patrol, port security, and other applications.The company was founded in 2010 and is based in Palo Alto, California.

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1.b. Last Insights on SATL

Satellogic's recent performance was driven by several positive factors. The company's domestication to the U.S. jurisdiction, completed on March 26, 2025, is expected to strengthen its market position and investor access. Additionally, the partnership with Maxar, announced in the second half of 2024, has granted Satellogic exclusive rights to task its high-revisit constellation, providing a significant boost to its growth prospects. Furthermore, the company has secured a $30 million contract for its AI-first constellation services, demonstrating its ability to capitalize on its innovative technology.

1.c. Company Highlights

2. Transcript Summary

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3. NewsRoom

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Satellogic Reports Third Quarter Financial Results

Nov -10

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Satellogic Announces Proposed Public Offering of Class A Common Stock

Oct -15

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Satellogic Launches Very-High Resolution NextGen Satellite Platform for Sovereign, AI-First Earth Observation Missions

Oct -13

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Satellogic Signs Exclusive Seven-Figure Agreement with Suhora to Expand Earth Observation Data Services in India

Sep -03

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Satellogic Reports Second Quarter Financial Results

Aug -12

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Satellogic Announces Inclusion in Russell 3000® Index

Jul -08

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Satellogic Poised to Deliver Its NextGen Satellite and Technology Transfer for Malaysia's Earth Observation Satellite Program

Jun -18

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Satellogic Secures Multi-Million Dollar Agreement with Asia Pacific Customer

May -12

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (15.40%)

6. Segments

Asset Monitoring

Expected Growth: 15.4%

Increasing demand for satellite-based earth observation, growing need for asset monitoring and management, and advancements in satellite technology drive the growth of Satellogic's Asset Monitoring market.

Space Systems

Expected Growth: 15.4%

Growing demand for daily monitoring and data analysis, increasing adoption of Earth observation technologies, and Satellogic's affordable high-resolution capabilities drive market growth.

Constellation as a Service

Expected Growth: 15.4%

Growing demand for high-resolution Earth imagery and data analytics, driven by increasing adoption in agriculture, urban planning, and environmental monitoring, fuels the growth of Constellation as a Service by Satellogic Inc.

7. Detailed Products

Satellite Imagery

High-resolution satellite imagery for various applications such as land use classification, crop monitoring, and disaster response.

Earth Observation Data

Access to a vast archive of satellite data for various applications such as environmental monitoring, urban planning, and natural resource management.

Tasking and Data Analytics

Customized tasking and data analytics services for specific industry needs, including object detection, change detection, and land cover classification.

Satellite Constellation

A fleet of low-Earth orbit satellites providing daily, global coverage for a wide range of applications.

Data Integration and API

Seamless integration of Satellogic's data into existing workflows and systems through APIs and SDKs.

8. Satellogic Inc.'s Porter Forces

Forces Ranking

Threat Of Substitutes

Satellogic Inc. faces moderate threat from substitutes, as there are limited alternatives for its satellite-based earth observation services. However, the increasing adoption of drone-based imaging and aerial photography could pose a threat to the company's market share.

Bargaining Power Of Customers

Satellogic Inc. has a diverse customer base, including government agencies, agricultural companies, and environmental organizations. The company's customers have limited bargaining power due to the specialized nature of its services.

Bargaining Power Of Suppliers

Satellogic Inc. relies on a limited number of suppliers for its satellite components and launch services. While the company has some bargaining power due to its growing demand, suppliers still have some leverage in negotiations.

Threat Of New Entrants

The satellite-based earth observation industry is experiencing rapid growth, attracting new entrants. Satellogic Inc. faces a high threat from new entrants, as the barriers to entry are relatively low, and the market is becoming increasingly competitive.

Intensity Of Rivalry

The satellite-based earth observation industry is highly competitive, with several established players and new entrants vying for market share. Satellogic Inc. faces intense rivalry from companies like Planet Labs, DigitalGlobe, and others, which could lead to pricing pressure and reduced market share.

9. SWOT Analysis

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 7.07%
Debt Cost 3.95%
Equity Weight 92.93%
Equity Cost 12.01%
WACC 11.44%
Leverage 7.61%

11. Quality Control: Satellogic Inc. passed 2 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
Satellogic

A-Score: 5.0/10

Value: 8.0

Growth: 4.2

Quality: 7.2

Yield: 0.0

Momentum: 10.0

Volatility: 0.3

1-Year Total Return ->

Stock-Card
Kopin

A-Score: 4.5/10

Value: 8.0

Growth: 3.1

Quality: 4.6

Yield: 0.0

Momentum: 10.0

Volatility: 1.0

1-Year Total Return ->

Stock-Card
Vicor

A-Score: 3.7/10

Value: 0.8

Growth: 4.7

Quality: 8.0

Yield: 0.0

Momentum: 7.0

Volatility: 1.7

1-Year Total Return ->

Stock-Card
Focus Universal

A-Score: 3.6/10

Value: 6.0

Growth: 2.0

Quality: 3.6

Yield: 0.0

Momentum: 9.5

Volatility: 0.3

1-Year Total Return ->

Stock-Card
Luna Innovations

A-Score: 3.2/10

Value: 7.8

Growth: 3.7

Quality: 6.0

Yield: 0.0

Momentum: 1.5

Volatility: 0.0

1-Year Total Return ->

Stock-Card
Genasys

A-Score: 2.1/10

Value: 6.6

Growth: 0.1

Quality: 2.9

Yield: 0.0

Momentum: 0.5

Volatility: 2.3

1-Year Total Return ->

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

1.7$

Current Price

1.71$

Potential

-0.00%

Expected Cash-Flows