Satellogic Secures $30 Million Contract-March 2024-www.financetom.com

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Satellogic Secures $30 Million Contract

Apr 8, 2025 2:16 PM

04:55 PM EDT, 04/08/2025 (MT Newswires) -- Satellogic ( SATL ) said Tuesday it has secured a multi-year $30 million contract to provide multiband optical imagery captured by satellite constellation to a defense and security client.

The constellation will run AI algorithms in real time, enabling defense and security surveillance applications, the company said.

Previous page： Open source groups say more software projects may have been targeted for sabotage Next page： Why Is Penny Stock Soligenix Trading Higher On Monday?

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Open source groups say more software projects may have been targeted for sabotage

Apr 15, 2024

WASHINGTON (Reuters) - The recent attempt by an unknown actor to sabotage a widely used software program may have been one of several attempts to subvert key pieces of digital infrastructure across the internet, two open source groups said in an alert published on Monday. In a joint statement, the Open Source Security Foundation and the OpenJS Foundation said the...

Why Is Penny Stock Soligenix Trading Higher On Monday?

Apr 15, 2024

On Monday, Soligenix Inc ( SNGX ) received an FDA orphan drug designation for the active ingredient in MarVax, the subunit protein vaccine of recombinantly expressed Marburg marburgvirus (MARV) glycoprotein, for the prevention and post-exposure prophylaxis against MARV infection. In addition to providing a seven-year term of market exclusivity upon final FDA approval, orphan drug designation also positions Soligenix ( SNGX ) to...

What's Going On With Rivian Automotive Stock?

Apr 15, 2024

Rivian Automotive, Inc. ( RIVN ) shares are trading lower Monday, and the stock is down more than 18% over the past five days. Here's a look at what's going on. What To Know: Earlier in April, Ford Motor Company ( F ) reduced prices on some of its F-150 Lightning models by as much as $5,500 to increase sales...

Nova Lifestyle's 2023 Net Loss Narrows, Net Sales Decline; Shares Rise

Apr 15, 2024

01:54 PM EDT, 04/15/2024 (MT Newswires) -- Nova Lifestyle ( NVFY ) reported a 2023 net loss from continuing operations Monday of $7.7 million, compared with a loss of $17.1 million a year earlier. Net sales for the year ended Dec. 31 were $11.1 million, down from $12.7 million a year earlier. Analyst estimates were not available. Shares of the...