Satellogic Announces Pricing of $90 Million Public Offering of Class A Common Stock

NEW YORK, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Satellogic Inc. (NASDAQ: SATL), a leader in sub-meter resolution Earth Observation (“EO”) data, announced today the pricing of its underwritten public offering of 27,692,308 shares of Class A common stock, at a public offering price of $3.25 per share. The Company has also granted the underwriters a 30-day option to purchase up to 4,153,846 additional shares of Class A common stock on the same terms. The gross proceeds to the Company from this offering are expected to be approximately $90 million, before deducting the underwriting discounts and commissions and other estimated offering expenses payable by the Company, and assuming no exercise of the underwriters' option to purchase additional shares of Class A common stock. The offering is expected to close on or about October 17, 2025, subject to satisfaction of customary closing conditions. All of the shares of Class A common stock in the offering are to be sold by the Company.

Cantor and Titan Partners Group, a division of American Capital Partners, are acting as joint bookrunning managers of the offering. Craig-Hallum and Northland Capital Markets are acting as co-managers for the offering.

The Company anticipates using the net proceeds from the offering for general corporate purposes.

The shares of Class A common stock are being offered by the Company pursuant to a “shelf” registration statement on Form S-3 (File No. 333-283719) previously filed with the Securities and Exchange Commission (the “SEC”) and declared effective by the SEC on March 31, 2025. A preliminary prospectus supplement and the accompanying prospectus relating to the shares of Class A common stock being offered have been filed with the SEC on October 15, 2025 and are available on the SEC's website at http://www.sec.gov. The public offering of Class A common stock is being made only by means of a prospectus supplement and accompanying prospectus. Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement filed on October 15, 2025, the final prospectus supplement once available, and other documents the issuer has filed with the SEC for more complete information about the Company and this offering. A final prospectus supplement will be filed with the SEC and will be available on the SEC’s website at http://www.sec.gov. Electronic copies of the final prospectus supplement (when available) and accompanying prospectus may be obtained from Cantor Fitzgerald & Co., Attention: Capital Markets, 110 East 59th Street, 6th Floor, New York, New York 10022, or by e-mail at [e-mail], or from Titan Partners Group LLC, Attention: Titan Partners Group LLC, a division of American Capital Partners, 4 World Trade Center, 49th Floor, New York, New York 10007, or by phone at [phone] or by email at [e-mail].