Satellogic Inc.

Satellogic Inc. announced the appointment of Jamil Kawar as Senior Vice President, Space Systems. In this role, Kawar will focus on delivering sovereign satellite constellations and mission-critical space infrastructure to governments and commercial partners worldwide. His extensive experience in the aerospace, defense, and space sectors, particularly in the Middle East and North Africa, is expected to be instrumental in scaling Satellogic's Space Systems business.

Satellogic Inc. reported a significant increase in total revenue for the second quarter of 2026, reaching $15.9 million, a 258% rise year-over-year, driven by new product revenue of $8.3 million. The company also achieved an operating income of $0.3 million, a substantial improvement from an operating loss in the prior year period. However, net loss widened to $(20.0) million, primarily due to a negative change in the fair value of financial instruments. Additionally, $78.5 million in Secured Convertible Notes were converted to common stock.

Satellogic Inc. reported strong financial results for Q2 2026, with revenue increasing 259% year-over-year to $15.9 million. The company achieved its first quarter of positive GAAP operating income of $0.3 million and positive Adjusted EBITDA of $2.8 million, demonstrating operational leverage. Despite a GAAP net loss of $20.0 million, this was largely attributed to a non-cash fair value adjustment of financial instruments. Satellogic also strengthened its capital structure by converting $12.0 million of debt and ended the quarter with $112.8 million in cash, while advancing key strategic initiatives and satellite deliveries.

Satellogic Inc. announced that its Chief Financial Officer, Rick Dunn, will step down effective August 21, 2026, following a previously agreed transition period. The company is actively searching for a permanent successor. In the interim, Dustin Greer, the current SVP and Corporate Controller, is expected to be appointed as interim CFO if a permanent replacement is not found by the separation date. The company will discuss this transition during its upcoming earnings call on August 5, 2026.

Satellogic Inc. announced a strategic collaboration with SpaceKnow, an AI-powered satellite imagery analytics company, to deliver planetary-scale monitoring solutions. SpaceKnow will integrate its AI and machine learning analytics with Satellogic's growing constellation, including its existing high-resolution satellites and the forthcoming Merlin constellation, which is designed for comprehensive global coverage. This partnership aims to enhance Satellogic's Persistent Global Intelligence (PGI) ecosystem, enabling customers to transition from episodic imagery to persistent monitoring programs and accelerate decision-making for commercial and government applications. The companies are already engaged in joint customer pursuits and product development, with the first Merlin satellite launch expected in October.

Satellogic Inc. filed an Amendment No. 1 to its Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The amendment was filed solely to re-file Exhibits 31.1 and 31.2, which are the CEO and CFO certifications, respectively. This correction addresses an inadvertent omission of required text from paragraph 4 of the Section 302 certifications and does not modify any other disclosures in the original filing.

Satellogic Inc. has filed an Amendment No. 1 to its Quarterly Report on Form 10-Q for the period ended March 31, 2026. The amendment was filed solely to re-file Exhibits 31.1 and 31.2, which are the certifications of the Chief Executive Officer and Chief Financial Officer under Section 302 of the Sarbanes-Oxley Act. A portion of the required text was inadvertently omitted from these certifications in the original filing. This amendment does not reflect events occurring after the original filing and does not modify or update any other disclosures.

Satellogic Inc. announced that its Chief Financial Officer, Rick Dunn, will step down following a mutually agreed transition period. The company has begun searching for a successor, and Mr. Dunn will remain in his current capacity to facilitate an orderly handover of his duties. CEO Emiliano Kargieman thanked Dunn for his seven years of leadership, highlighting his instrumental role in the company's growth and public listing. In connection with his departure, Mr. Dunn will receive severance benefits including six months of base salary continuation, COBRA expenses, and full acceleration of restricted stock unit awards.

Satellogic Inc. announced its participation in two upcoming investor conferences in June 2026. CEO & Founder Emiliano Kargieman and SVP of Finance & Corporate Development Ryan Driver will attend the 16th Annual ROTH London Conference for in-person meetings. Mr. Driver will also represent the company at the Northland Growth Conference for virtual one-on-one meetings with investors.

Satellogic Inc. announced the appointment of retired U.S. Army Lieutenant General Michael E. Williamson as an independent director, effective immediately. General Williamson, a Class III director, brings over three decades of leadership experience in defense acquisition, technology integration, and global business development. His deep expertise across the defense and aerospace sectors is expected to support the company's scaling of its Earth observation constellation and expansion with government and commercial customers worldwide, particularly in the shift towards Persistent Global Intelligence.