Satellogic V IncWon over $18M defense contract for Earth observation imagery

Satellogic Inc. secured a one-year contract worth over $18 million from a multinational defense client for persistent Earth observation imagery, marking a rapid transition from trial to full rollout in under six months. Roth Capital subsequently maintained its Buy rating and raised the price target from $10 to $15, implying nearly 133% upside from current levels. The firm cited the contract's boost to backlog and growing confidence in Satellogic's capabilities, which are attracting interest from foreign governments. Satellogic designs and operates satellite systems providing geospatial data and insights for commercial, government, and local body clients addressing global challenges like climate change and food security.
Satellogic V IncWon over $18M defense contract for Earth observation imagery
Ast Spacemobile Inc