Satellogic, Telespazio Brasil Secure Imaging Agreement With Brazilian Air Force, Stock Up

(RTTNews) - Satellogic Inc. (SATL) and Telespazio Brasil, Thursday announced that they have signed a multi-year agreement with the Brazilian Air Force or FAB to provide high-resolution satellite imagery for defense and security operations.

Under the agreement, FAB will have rapid access to Satellogic's NewSat constellation, enabling real-time monitoring, change detection, and enhanced situational awareness.

The partnership also grants FAB use of Satellogic's Aleph platform, allowing direct tasking and management of satellite imagery for improved operational effectiveness.

SATL is currently trading at $3.17 up 4.27 percent or $0.13 on the Nasdaq.