PARIS, France, September 13, 2023 (Newswire.com)
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Satellogic Inc. (NASDAQ: SATL), a leader in sub-meter resolution Earth Observation (“EO”) data collection, and SkyWatch, a leader in the remote sensing data technology industry, announced today, at World Satellite Business Week, their partnership to bring the highest resolution commercially available EO data to EarthCache customers.
Satellogic’s EO data is now available via SkyWatch’s EarthCache platform. EarthCache provides an intuitive interface and robust API that enables customers to browse archive data, as well as task new satellite imagery by using a variety of criteria.
“We are thrilled to announce that EO data from Satellogic is now available to the thousands of organizations that depend on SkyWatch for their remote sensing needs,” said James Slifierz, SkyWatch’s CEO and co-founder. “Satellogic’s constellation is unparalleled, offering our customers industry-leading capacity for high-quality, high-resolution imagery. We are also delighted to collaborate with an organization that echoes our values for the Earth observation industry: data that is easily discoverable, widely available, and affordably priced.”
SkyWatch’s core mission is to make remote sensing data accessible, affordable, and standardized. Its TerraStream infrastructure powers integrated services for EO satellite operators, including the EarthCache portfolio, to accelerate the distribution and monetization of satellite data by making it accessible and discoverable.
“In alignment with our mission to increase access and use of EO data, SkyWatch is committed to simplifying access and offering transparent pricing. This partnership was a natural fit for both companies; Satellogic increases access to its EO data while SkyWatch increases options and opportunities for its EarthCache platform customers,” commented Caitlin Kontgis, Senior Vice President of Commercial and Growth at Satellogic.
Satellogic is working toward the goal of delivering daily global remaps. The company designs, manufactures, and operates its own constellation of high-resolution EO satellites. It believes in the power of EO data to enhance decision-making at every level, fostering a greater understanding of our changing planet as well as opportunities for a more sustainable future.
About SkyWatch
SkyWatch is changing the way EO and remote sensing data is managed, distributed, and accessed. It created the first geospatial platform to support the full remote sensing value chain, from data management and distribution for remote sensing data providers to solutions to help organizations easily source, integrate, and manage remote sensing data.
SkyWatch partners with a diverse group of data providers and organizations to streamline workflows and supply data and insights to remote sensing operators, geospatial experts, and leading organizations looking to incorporate the power of remote sensing data into their business processes.
Learn more at https://skywatch.com.
About Satellogic
Founded in 2010 by Emiliano Kargieman and Gerardo Richarte, Satellogic (NASDAQ: SATL) is the first vertically integrated geospatial company, driving real outcomes with planetary-scale insights. Satellogic is creating and continuously enhancing the first scalable, fully automated EO platform with the ability to remap the entire planet at both high-frequency and high-resolution, providing accessible and affordable solutions for customers.
Satellogic’s mission is to democratize access to geospatial data through its information platform of high-resolution images to help solve the world’s most pressing problems including climate change, energy supply, and food security. Using its patented Earth imaging technology, Satellogic unlocks the power of EO to deliver high-quality, planetary insights at the lowest cost in the industry.
With more than a decade of experience in space, Satellogic has proven technology and a strong track record of delivering satellites to orbit and high-resolution data to customers at the right price point.
To learn more, please visit http://www.satellogic.com
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the U.S. federal securities laws. The words “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intends”, “may”, “might”, “plan”, “possible”, “potential”, “predict”, “project”, “should”, “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements are based on Satellogic’s current expectations and beliefs concerning future developments and their potential effects on Satellogic and include statements concerning Satellogic’s strategies, Satellogic’s future opportunities, and the commercial and governmental applications for Satellogic’s technology. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. These statements are based on various assumptions, whether or not identified in this press release. These forward-looking statements are provided for illustrative purposes only and are not intended to serve, and must not be relied on by an investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Satellogic. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) Satellogic’s ability to scale its constellation of satellites and to do so on Satellogic’s projected timeframe and in accordance with projected costs, (ii) Satellogic’s ability to continue to meet image quality expectations, to continue to enhance the capability of its network of satellites and to continue to offer superior unit economics, (iii) Satellogic’s ability to become or remain an industry leader, (iv) the number of commercial applications for Satellogic’s products and services, (v) Satellogic’s ability to address all commercial applications for satellite imagery, changes in the competitive and highly regulated industries in which Satellogic operates, variations in operating performance across competitors and changes in laws and regulations affecting Satellogic’s business, (vi) the ability to implement business plans, forecasts and other expectations, and to identify and realize additional opportunities, (vii) the risk of downturns in the commercial launch services, satellite and spacecraft industry, (viii) the risk that the market for Satellogic’s products and services does not develop as anticipated, (ix) the risk that Satellogic and its current and future collaborators are unable to successfully develop and commercialize Satellogic’s products or services, or experience significant delays in doing so, (x) the risk that third-party suppliers and manufacturers are not able to fully and timely meet their obligations, (xi) the risk of product liability or regulatory lawsuits or proceedings relating to Satellogic’s products and services, and (xii) the risk that Satellogic is unable to secure or protect its intellectual property. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of Satellogic’s Annual Report on Form 20-F and other documents filed or to be filed by Satellogic from time to time with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Satellogic assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Satellogic can give no assurance that it will achieve its expectations.
Source: SkyWatch
