Satellogic (SATL) has released an update.
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Satellogic, a leader in high-resolution Earth Observation, reported a 114% revenue growth in the first half of 2024, driven by its Asset Monitoring and Space Systems. The company launched five new Mark V satellites and secured a significant NASA contract, highlighting its technical prowess. Despite workforce reductions, Satellogic expects continued growth in 2025, focusing on profitability and expanding its customer base.
For further insights into SATL stock, check out TipRanks’ Stock Analysis page.
