Satellogic Announces $30 Million Strategic Investment
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 APRIL 2024

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TASL's TSAT-1A Satellite Launch Success

We are pleased to report the successful launch of TSAT-1A from Kennedy Space Center in Florida on April 7, 2024 aboard a SpaceX’s Falcon 9 rocket for the Bandwagon-1 mission. 

 

TSAT-1A was assembled and tested in the Tata Advanced Systems Limited (TASL) Vemegal-based Assembly, Integration, and Testing (AIT) plant in Karnataka, India, following a collaboration signed between TASL and Satellogic in November 2023.

 

The satellite made contact with our ground station network a few minutes after orbit injection with good health reports.

 

Congratulations to TASL and Satellogic teams!

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Satellogic Announces $30 Million Strategic Investment from Tether Investments Limited, Reports Full Year 2023 Financial Results, and Provides Business Update 

 

“The second half of 2023 was highlighted by new partnerships, continued revenue growth, and milestone accomplishments in our strategy to capitalize on high-value opportunities in the U.S.” said Satellogic CEO, Emiliano Kargieman. “The proceeds from Tether’s investment in Satellogic will help advance our mission as we continue to focus on our U.S. strategy, the National Security market, and our global Space Systems opportunities.”

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FROM OUR BLOG

Iceland encountered a surge of volcanic activity on the Reykjanes peninsula, with magma breaking through the surface in December 2023 following about two months of seismic activity, marked by thousands of earthquakes and subterranean magma shifts as observed by Icelandic Met Office. Explore Satellogic image analysis of these events.

Blogpost image for newsletter - Iceland Volcano Eruption Monitoring (1)

USE CASE

Satellogic high-resolution satellite imagery enables a diverse range of change detection applications. In this time series collection, we can see changes in equipment posture, indicating the movement of air defense equipment. Analysis like this is critical for defense and intelligence, whether monitoring national assets or those of international militaries.

 

The Suixi Air Force Base is located in Guangdong Province, China, in close proximity to Zhanjiang Naval Base, home to the nation’s South Sea Fleet. The two bases are key to Chinese operations in the South China Sea.

    Satellogic_Suixi Air Force Base
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