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Satellogic Signs $18MM USD Agreement with Portugal to Deliver Two Mark V High-Resolution Satellites
Globenewswire· 2026-01-12 13:00
Core Insights - Satellogic has entered into an agreement with CEiiA to supply and deliver two NewSat Mark V 50cm-class imaging satellites, enhancing Portugal's and Europe's sovereign Earth observation capabilities [1][2][3] Group 1: Partnership and Capabilities - The agreement aims to provide assured access to high-resolution imagery for civil, environmental, and security missions, integrating into the Atlantic Constellation [2] - The satellites will be constructed with over 85% European-sourced components, reinforcing Europe's industrial base and supply-chain resilience [2] - The partnership includes a structured transfer of knowledge program to enhance national capacity building in Earth observation [4] Group 2: Delivery and Control - The operational control of the satellites will transfer to CEiiA in Q2 2026, ensuring sovereign tasking and decision-making authority [3] - Satellogic's vertically integrated production line and rapid launch cadence enable an accelerated delivery timeline [3] Group 3: Strategic Importance - The Atlantic Constellation will provide high-capacity Earth observation capabilities to support timely geospatial intelligence across sustainability, security, and defense domains [4] - The collaboration is seen as a significant step in national capacity building, addressing the needs of institutional, commercial, and defense markets [5] Group 4: Company Overview - Founded in 2010, Satellogic is a vertically integrated Earth observation company that designs, manufactures, and operates satellite systems [6] - The company provides flexible options for governments in their journey toward sovereign Earth observation, including high-frequency imagery and managed space systems [6][7]