On January 27, 2026, Satellogic closed a registered direct offering with a single institutional investment manager, issuing 7,399,578 shares of Class A common stock. Titan Partners, a division of American Capital Partners, served as lead placement agent, with Craig-Hallum as co-placement agent. The company expects gross proceeds of approximately $35 million before placement agent fees and expenses. Satellogic intends to deploy net proceeds toward expanding its satellite constellation and infrastructure, supporting ongoing growth initiatives, bolstering working capital, and funding general corporate purposes. This financing follows $18 million in sovereign sales to Portugal’s government and a seven-figure high-frequency monitoring agreement, underscoring surging demand for its sovereign and AI-first Earth observation services.

On January 27, 2026, Satellogic sold its in-orbit NewSat-34™ (now Continuum-1) to Australian company HEO under its Sovereignty Government Program. This transaction transfers full title and operational control of a Mark IV-g satellite already collecting data, making Australia the first nation to own a sub-meter resolution satellite. Continuum-1 will serve as HEO’s R&D testbed for non-Earth imaging modes, enabling development of AI-ready datasets and novel image acquisition techniques. The deal delivers immediate sovereign space capability without the multi-year timelines and costs of new builds, while extending the satellite’s operational life and ensuring priority access for Australia’s defense, civil and commercial research needs.