Ten years ago this July, Satellogic started on a new journey and was launched in the hope that a company could be built that would help to solve some of the world’s most pressing problems.
A decade into our voyage, Emiliano Kargieman stated he’s proud of the incredible progress that’s been made and the firm is as excited as ever for what lies ahead.
Satellogic has grown to become a global company comprised of more than 180 satellite engineers, AI experts and solution specialists. The firm has proven that the vertically integrated approach of the company can deliver affordable and actionable planetary-scale insights from Earth Observation (EO). By making good on Satellogic’s promise to democratize access to geospatial analytics, the CEO is confident that Satellogic will play a significant role in addressing the great existential challenges of our time.
Through the past ten years, Satellogic has focused on the mission of building an accurate and up-to-date picture of Earth and the many forces that reshape the planet every day. In doing so, the company hoped to empower decision makers around the world.
After a decade of growth, the firm is proud of their many accomplishments, evolving from a small startup into a leader in geospatial analytics, with facilities in half a dozen countries and a growing constellation of satellites on-orbit.
In the first half of 2020, two new satellites — Sophie and Marie — were added to the Satellogic fleet and the company’s team continues to grow across the globe. The Assembly, Integration and Test (AIT) facility in Montevideo, Uruguay, was expanded, enabling further scaling of spacecraft production. Plus, the company was selected as a finalist in the Satellite Technology of the Year Award.
Over the past decade, there have been countless other milestones, from the addition of new customers to the continued development of products and services. In the second half of 2020, Satellogic will continue to grow the team, the customer base and the constellation, driving down the costs associated with building and operating satellites as the firm scales, to include exclusive access to a dedicated constellation at a price point that is attractive to national and municipal governments as well as smaller enterprises.
Within the next three years, Satellogic expects to complete the construction of the first stage of the Earth Observation satellite constellation, giving the company the capacity to remap the entire planet at sub-meter resolution every week.
There are a number of exciting launches scheduled in the near future: Arianespace is scheduled to deliver the company’s next satellite, Hypatia, into orbit via a Vega launch vehicle on August 17th. This October, the company will be deploying an additional 10 satellites into LEO on a dedicated rocket. Then, in Q1 2021, four additional satellites will be launched to orbit.
With more than 20 commercial satellites in orbit by 2021, the firm will be able to revisit any specific point of interest at a global average of 4 times per day, scaling to up to 18 times per day by 2024. At the same time that the frequency of the data acquisition is improved, the company is also improving the resolution of the imagery. In 2021, Satellogic will start delivering 70 cm resolution data to serve existing and new customers.
New “on ground” capabilities will be launched later this month, including a self-serve AI platform for geospatial imagery, an end-to-end customer-centric EO digital product that improves access to geo-intelligence, automating this process for knowledge capitalization.
A new, Satellogic corporate video is available for viewing at this direct link…