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Satellogic Inc. raised $30 million in a strategic investment led by Tether Investments Limited for advancing its U.S. strategy, the National Security market, and global Space Systems opportunities.

Apr 15, 2024over 1 year ago

Amount Raised

$30 Million

MontevideoSoftware

Investors

Tether Investments Limited

Description

Satellogic Inc. announced a $30 million strategic investment from Tether Investments Limited. The net proceeds from the offering were approximately $27.6 million, aimed at advancing the company's mission and expanding in 2024.

Company Information

Company

Satellogic

Location

Montevideo, Montevideo, Uruguay

About

Satellogic is a leading provider of sub-meter resolution satellite imagery that delivers real-time insights for governments, industries, and consumers worldwide. With its growing constellation of small satellites, Satellogic offers scalable, cost-effective solutions for high-frequency Earth observation.

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