Satellogic Reports 29% Revenue Increase to $3.6 Million in Third Quarter 2025

Reuters11-11

<a href="https://laohu8.com/S/SATL">Satellogic</a> Reports 29% Revenue Increase to $3.6 Million in Third Quarter 2025

Satellogic Inc. reported revenue of $3.6 million for the three months ended September 30, 2025, a 29% increase from $2.8 million in the same period of 2024. The revenue growth was primarily driven by a $0.5 million increase in the Space Systems business line and a $0.3 million increase in imagery ordered by Asset Monitoring customers. For the quarter, $3.1 million of revenue was attributable to Asset Monitoring, including CaaS, and $0.5 million to Space Systems. The company reported an 18% decrease in operating costs and expenses and a 46% reduction in net cash used in operating activities to $17.4 million for the nine months ended September 30, 2025. The Non-GAAP Adjusted EBITDA loss was $4.6 million for the third quarter. Key business developments included the completion of a $90 million public offering, a multi-year data distribution agreement with Suhora covering India and Nepal, and the launch of a very-high resolution NextGen satellite platform.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Satellogic Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9572880-en) on November 10, 2025, and is solely responsible for the information contained therein.

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