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Satellogic NASDAQ: SATL reported a sharp increase in first-quarter revenue and said it generated positive net cash from operating activities for the first time in its public history, as management pointed to growing demand from sovereign defense, intelligence and commercial customers.

Satellogic Inc. (SATL) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to a loss of $0.16 per share a year ago.

Q1 2026 Revenue Increased 80% Year-over-Year to $6.1 Million Operating Loss Improved 33% Year-over-Year; Adjusted EBITDA Loss Improved 32% Signed $12 Million Agreement to Deliver In-Orbit NewSat Satellite to Sovereign Defense Customer Introduced Merlin AI-First Defense Constellation and Launched Aleph Observer; Expanded U.S. Defense and Intelligence Partnerships Ended Q1 with $121.9 Million in Cash and Cash Equivalents Management to Host Webcast and Conference Call May 12, 2026 at 8:00 a.m. ET NEW YORK, May 11, 2026 (GLOBE NEWSWIRE) -- Satellogic Inc. (NASDAQ: SATL), a vertically integrated geospatial intelligence platform delivering high-resolution Earth Observation (EO) at unprecedented scale and economics, today reported its financial results for the first quarter ended March 31, 2026.

Space stocks were in focus this week as earnings reports highlighted surging defense demand, growing satellite and launch backlogs,and continued investment in next-generation space infrastructure.

Defense spending is one of the few corners of the market where political tailwinds line up across both parties heading into mid-2026, and small-cap names trading under $15 give retail investors leverage to that theme without chasing mega-cap primes at premium multiples.

Three Senior Hires with Deep Industry Experience Join Satellogic as Demand forPersistent, Sovereign Geospatial Intelligence Accelerates   NEW YORK, May 04, 2026 (GLOBE NEWSWIRE) -- Satellogic, Inc. (NASDAQ: SATL), a vertically integrated geospatial company delivering high-resolution Earth Observation (EO) at unprecedented scale and economics, today announced the addition of three senior industry veterans to its global sales organization: Matt Clark, Brett Davis, and Jonathan Lee. The hires come as defense and intelligence customers worldwide accelerate their pursuit of persistent, sovereign monitoring capabilities.

$12 million agreement encompasses satellite delivery and operational handover and support, enabling the customer to independently serve its national strategic objectives NEW YORK, April 30, 2026 (GLOBE NEWSWIRE) -- Satellogic, Inc. (NASDAQ: SATL), a vertically integrated geospatial company delivering high-resolution Earth Observation (EO) at unprecedented scale and economics, today announced an agreement valued at $12 million with a sovereign defense customer to deliver a commissioned, in-orbit NewSat satellite from its operational Aleph-1 constellation. The agreement encompasses the sale and full transfer of ownership and operations of the satellite to the customer, along with comprehensive support to develop independent capabilities to command the satellite and to process and use its data for military and civilian applications.